Australian Treasury mis-diagnoses foreign buyers

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By Leith van Onselen

The Australian Treasury on Friday released a working paper claiming that foreign buyers are having only a minimal impact on property prices in Sydney and Melbourne:

ABSTRACT

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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.