Counting the cost of foreign investment in Australia

The inquiry into foreign real estate investment is both necessary and timely, but its terms of reference fail to address the questions that many Australians want answered.

Over the past few years, there has been rising concern about foreign investment in Australian real estate. Barely a week goes by without an anecdotal report from someone who lost out at auction to a ‘foreigner’ or a real estate agent who reported a sharp rise in interest from their Chinese clients.

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