Highlights: Foreign property investment paper

Wednesday 25 February 2015

As noted earlier, the Abbott Government has today announced that it will implement the parliamentary inquiry’s recommendations to tighten data collection, surveillance and penalties surrounding foreign investment in Australian residential real estate.

The announcement has been accompanied by a consultation paper, with a closing date for submissions on 20 March 2015.

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.