Advertisement
The AFR has posted a report today warning of a downturn in apartment construction now that the rules around significant investor visa’s (SIVs) investing in Australian real estate have been tightened:
On July 1 the federal government’s new rules on significant investor visas – the ticket for which millionaire foreigners can gain residency in Australia by investing $5 million into complying investments – came into affect…
The full text of this article is available to MacroBusiness subscribers
Cancel at any time through our billing provider, Stripe
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.