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World News@lemmy.worldEnglish · 7 months ago

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

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

filoria@lemmy.ml to

World News@lemmy.worldEnglish · 7 months ago

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

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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No1@aussie.zone
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7 months ago
Last I saw half the elected lawmakers have investment properties.

They’ll never make any laws that will impose additional requirements or possibly impact property prices negatively.
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