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Foreigners forced to sell property

Treasurer Scott Morrison has ordered the forced sale of eight residential properties illegally held by foreign nationals. Mr Morrison said the properties were purchased in Victoria, Queensland and NSW, with prices ranging from $200,000 to $5 million. The buyers were…

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Housing Debate

The debate on the housing sector saw the RBA weigh in with a discussion paper released yesterday that interestingly evaluated the issue of housing prices not against the usual household income test but compared to the rent/buy option under various…

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