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Lack of foreign investment blamed for rental shortage - Vimarsana News

Lack of foreign investment blamed for rental shortage

The day after a foreign investor was fined $250,000 for illegal investments in Australia, an investment expert has argued that the dearth of foreign buyers is accentuating supply issues in the rental market.

Foreign Investor Fined $250,000 for Illegal Property Purchases - Vimarsana News

Foreign Investor Fined $250,000 for Illegal Property Purchases

Australia's Federal Court has fined a man living in Victoria for illegally purchasing and possessing multiple properties, the ...

Foreign investor fined $250k for unauthorised property purchases - Vimarsana News

Foreign investor fined $250k for unauthorised property purchases

It’s the first ever fine to be doled out under Australia's foreign investments rules. Vijay Balasubramaniyan, a residential real estate buyer, has been penalised $250,000 after he was found to ha

Foreign investor fined $250k for unauthorised property purchases - Vimarsana News

Foreign investor fined $250k for unauthorised property purchases

It’s the first ever fine to be doled out under Australia's foreign investments rules.

Foreign Vic property investor fined $250k - Vimarsana News

Foreign Vic property investor fined $250k

A man has become the first person fined by Australia's Federal Court for breaching the nation's foreign investor laws.