The RBA homes in on foreign investment

New RBA research suggests foreign investment plays a small role in stimulating housing demand, but poor data collection makes it difficult to accurately measure its full effect.

Should we be concerned about foreign investment into Australian real estate? New research by the Reserve Bank of Australia suggests those fears are misplaced.  It may be right, but unfortunately poor data collection and monitoring make it difficult to pinpoint how prevalent foreign investment really is.

Based on current law, foreign investors cannot buy established dwellings as investment properties. Instead they can only purchase newly constructed properties.

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