Foreign investment in Australian real estate continues to soar

Discussion in 'Australia Property' started by Nicholas Wallwork, Apr 11, 2016.

  1. Nicholas Wallwork

    Nicholas Wallwork Editor-in-Chief Staff Member Premium Member

    While politicians have been attempting to reduce the influence that overseas investors have on the Australian real estate market recent figures show they may have failed. Foreign investment approval value numbers in Australia surged by 75% over the last 12 months to a record $61 billion. Information released by the Foreign Investment Review Board showed

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  2. nmb

    nmb Well-Known Member

    Like the UK, foreign investment in the Australian real estate market has been used as a political football for some time now. However, only last year the Australian government issued a research report which confirmed the real impact of foreign investment in the Australian real estate market is negligible.
     
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