The case for tightening our foreign investment framework

Recommendations to strengthen the enforcement of rules around foreign investment in property are economically sensible, although some suggestions may prove controversial.

The public’s concern about foreign investment in Australian residential real estate is summed up early in the report handed down by the parliamentary committee examining the issue.

“There is no accurate or timely data that tracks foreign investment in residential real estate. No-one really knows how much foreign investment there is in residential real estate, nor where that investment comes from.”

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