Build-to-Rent is Really Build-to-Never-Own

Labor’s decision to slash the withholding tax for foreign corporate landlords from 30% to just 15% is a slap in the face to everyday Australians. While families struggle to buy a home, Labor is rolling out the red carpet for global giants like BlackRock, Vanguard, and State Street—offering them tax breaks to build rental stack-and-pack apartments that Australians will never own.

Let’s call it what it is: build-to-rent is build-to-never-own. It’s designed to lock Australians into a lifetime of renting from foreign billionaires, while those same corporations pay less tax than the hardworking people they’re renting to.

One Nation has been warning about this for years. We believe in the Australian dream—owning your own home, not renting it forever from a global landlord.

We stand with Australians, not greedy foreign corporations and parasitic predators driving the World Economic Forum and the United Nations agenda.

Transcript: https://www.malcolmrobertsqld.com.au/build-to-rent-is-really-build-to-never-own/