Tax and legal advice

Potential tax breaks for investors who go green

By Steven Cross

An Australian welfare body has lobbied the government to introduce landlord tax incentives to urge investors to make their properties more environmentally friendly.

The Australian Council of Social Service (ACOSS) is calling on the government to improve energy efficiency in rental properties.

The proposal, to introduce landlord tax incentives for energy efficiency measures in rental properties, is one of six policies the body put forward in order to make energy more affordable for low income households.

ACOSS senior policy officer Andrea Pape said energy efficiency needed to be a key policy to address the impact of rising energy prices.

“ACOSS advocates an energy efficiency policy agenda, which includes direct investment in building and fixture upgrades as well as incentives to stimulate private landlord investment in energy efficiency measures,” she said.

The policy proposals were designed to improve the energy efficiency of low income households, including private rental and social housing dwellings.

“Such investment will improve affordability, climate resilience and health outcomes for current and future building occupants,” Ms Pape said.

"People on low incomes are particularly feeling the burden of rising energy prices, but they lack the capital for energy efficiency upgrades and are more likely to own inefficient appliances.

"Those in the rental market are also often unable to improve the energy efficiency of rental properties. This has resulted in a lower incidence of insulation in low income housing and tenanted properties.”

The suggestions come just over a week after The Greens party outlined their plan for more environmentally friendly rentals.

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podcast

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With the softening market impacting property values in many parts of Australia, Sally Dale, Opteon state director for NSW, ACT and Qld joins us to discuss the importance of valuations in the current property market

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Joining host Phil Tarrant, Sally will draw on her 25 years of experience in valuation and discuss the processes involved in arriving at a value for a particular property. She will also share how that process differs between commercial and residential properties and the difficulties which regional property valuations can present.

Sally will unpack the importance and cost of regular valuations on your properties, discuss whether presentation and owner input can sway a valuation and share what you should look for when seeking a reputable property valuer.

If you like this episode, show your support by rating us or leaving a review on iTunes (The Smart Property Investment Show) and by following Smart Property Investment on social media: FacebookTwitter and LinkedIn.

If you have any questions about what you heard today, any topics of interest you have in mind, or if you’d like to lend your voice to the show, email [email protected] for more insights!

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Sydney
Brisbane
Adelaide

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Revesby
South Hurstville
Sans Souci
Strathfield

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Gavin Kemp and his now-fiancé bought their first property together after only six months of dating. They weren’t even living together at the time. Now, two years on, the pair have bought five properties, sold two and have a solid plan in place for their ongoing property journey. 

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Gavin will share his thoughts on the current property market, reveal the people who he has leaned on throughout his property journey and discuss why his strategy employs a zero procrastination rule.

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A joint property portfolio before they were even living together

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