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 Anti-free trade: Parliamentary inquiry recommends crackdown on illegal foreign purchases of OZschwitz real estate

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Anti-free trade: Parliamentary inquiry recommends crackdown on illegal foreign purchases of OZschwitz real estate Vide
PostSubject: Anti-free trade: Parliamentary inquiry recommends crackdown on illegal foreign purchases of OZschwitz real estate   Anti-free trade: Parliamentary inquiry recommends crackdown on illegal foreign purchases of OZschwitz real estate Icon_minitimeThu Nov 27, 2014 2:23 am
A parliamentary inquiry into foreign ownership in Australian real estate has recommended that the government crack down on illegal purchasers of property as well as anyone who helps foreign buyers side-step the rules.

Anti-free trade: Parliamentary inquiry recommends crackdown on illegal foreign purchases of OZschwitz real estate Article%20Lead%20-%20wide6359112611v2h3image.related.articleLeadwide.729x410.11uz86.png1417052911789.jpg-620x349

A new database of all foreign buyers and a fee on processing purchases are also key recommendations of the review tabled in federal parliament on Thursday.

The House Economics Committee, chaired by Kelly O'Dwyer, found that the existing framework encouraging the construction of new dwellings and increasing the supply of housing should be retained.

http://smh.domain.com.au/real-estate-news/parliamentary-inquiry-recommends-crackdown-on-illegal-foreign-purchases-of-australian-real-estate-20141127-11uz86.html
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