Government Crackdown on Foreign Property Investors Nets ‘One’ Casualty

Posted by Simon Dehne on July 12, 2015 in Latest News with No Comments

The government’s plan to limit foreign investment in Aussie property is flopping. In February this year, the Foreign Investment Review Board (FIRB) was tasked with clamping down on illegal home purchases by overseas buyers. Since then, only one Chinese buyer has been forced to sell up. Read more here.

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