Tax breaks for infrastructure bonds

Tax concessions for investors in infrastructure bonds are on the agenda once more, with the Australian government seeking advice on the design of such a scheme the Financial Review reported.

A similar tax concession existed from the early to late 1990s but took a number of years for private developers of infrastructure assets to find useful as a funding option.

Introduced by another Labor government then tax concession was scrapped by a Liberal government on the grounds that it amounted to a tax loophole exploited by high income earners.