Government introduces new legislation to shake up foreign investment
What are the implications of the new legislation?
Source: brokernews.com.au
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What are the implications of the new legislation?
Labor has introduced legislation designed to boost the supply of housing, after a record 518,000 migrants moved to Australia during the last financial year.
The federal government has officially introduced legislation to increase foreign investor fees in an effort to stop Australian homes sitting vacant and free up housing stock for residents.
Northern Minerals requested the investigation seven months after treasurer Jim Chalmers banned a Chinese businessman increasing his stake in the rare earths hopeful.