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Government introduces foreign investment legislation

The federal government has officially introduced legislation to increase foreign investor fees in an effort to stop Australian homes from sitting vacant and free up housing stock for residents.

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Government introduces new legislation to shake up foreign investment

What are the implications of the new legislation?

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New foreign investment laws to boost housing supply

New foreign investment laws to boost housing supply
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Anthony Albanese launches a crackdown on foreign buyers

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.

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Foreign investment fee hike hits Parliament

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.

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Inside Track: Property & Real Estate - In the media, In practice and courts, Cases and Legislation - Real Estate and Construction

In the media
Australia makes top 10 for real estate investment
Australia just became one of the top ten countries to buy real estate with inbound investments to increase sharply in 2021 (04 November 2020). More...
Office outlook optimistic for 2021
There is likely to be “no major demise” to the global office sector, despite remote working arrangements, with higher rental incentives expected in CBD offices, according to a global survey by Savills Investment Management (04 December 2020). More...
Australian commercial property firms see environmental management as increasingly important to their business
Many companies that work in commercial real estate are lagging behind other industries in terms of good environmental management, but there is an increasing number that are catching up fast, a new international report has found (03 December 2020). More...

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