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Ban foreigners from buying established Australian homes

February 15, 2024 - 00:05 -- Admin

Australia has some of the world’s weakest anti-money laundering rules, making Australian homes a honeypot for laundering dirty money. In December, Treasurer Jim Chalmer announced that the federal government will triple the vacancy tax for properties held by overseas investors and triple the foreign investment fee for purchasing established residences. The changes are expected to

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