Tax breaks for landlords no longer to be backdated

The government's first 100 days are over and its first new announcement has come with a backtrack on backdating their tax break for landlords.
From next month, interest deductibility for landlords is being restored - but National's coalition agreement with ACT promised it would be backdated.
Opposition parties are sceptical the savings will be passed on to tenants.
Giles Dexter reports.