Australia to triple fees on foreigners buying existing homes, penalise them if they leave properties empty

www.scmp.com

841

Australia to triple fees on foreigners buying existing homes, penalise them if they leave properties empty

www.scmp.com

filoria to

World News@lemmy.worldEnglish · 1 year ago

Australia triples fees on foreign buyers of existing homes to stem rental crisis

www.scmp.com

Treasurer Jim Chalmers said ‘there are too many properties empty around Australia’ as tight supply leaves many renters struggling to find somewhere to live.

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They’re vehicles for foreign investment.

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