Changes to MIT and Staples won’t change strong local fundamentals

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Perpetual Corporate Trust

This year has seen a range of proposed changes to the MIT landscape. In this video, Phillip Blackmore, Head of Wholesale Trustee at Perpetual Corporate Trust, speaks with Josh Cardwell, Head of Real-Estate Tax, PWC Australia, about what these changes mean to investors.

Top of mind are stapled structures, specifically the recharacterisation of income, interest deductions and sovereign immunity.

They also discuss Treasury’s long-awaited views on agricultural investments in MIT, while also touching on the ATO’s longer term strategy.