Treasurer Scott Morrison has confirmed that the Government has forced the sale of another 15 homes that were illegally purchased by foreign nationals in contravention of Australia’s foreign ownership rules, taking the total to 61 forced sales. Here’s the full media release:
Treasurer the Hon. Scott Morrison has ordered the forced sale of a further 15 Australian residential properties held by foreign nationals in breach of the foreign investment framework, taking the total number of forced sales to 61, with a combined value of $107 million.
