Treasurer orders foreign buyers to sell another 16 properties
The Treasurer Scott Morrison has forced the sale of another 16 residential properties that were bought illegally by foreign nationals, worth in total more than $14 million.
New student visa rules will attract foreign families
Simplified student visa rules make it $360,000 cheaper for Chinese families to educate their children in Australia than in China, according to a new report.
Asian investors continue to be attracted to Australia
Eugene Chieng, a director and senior architect at Hayball, works predominately with international clients looking to develop and invest in Australia's property market.
From 1 July, all home owners selling a property worth more than $2 million will have to obtain certification from the ATO proving their residency, or face a 10% withholding tax.