Tuesday 30 May
Senator RHIANNON: Is part of the rationale for changes to MITs in relation to housing to encourage foreign investment?
Senator Cormann: It is to encourage additional investment in social housing, but I will let Treasury take you through it.
Ms Mrakovcic : As the minister indicated, the government is introducing a new investment vehicle in order to encourage affordable housing.
Senator RHIANNON: But it is to encourage foreign investment to some extent, isn't it?