Peter Dutton and Bill Shorten clash on TV over budget reply plan to ban foreign homebuyers

Opposition leader promised in speech on Thursday to restrict property investment by non-residents Follow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastPeter Dutton has been challenged over the number of foreigners who buy houses in Australia each year after promising in his budget reply speech to ban foreign investors.The opposition leader was asked on Nine’s Today show on Friday about the impact of foreign buyers on the housing market after he proposed the ban as a key measure to ease pressure on the housing market.Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading...

May 17, 2024 - 07:30
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Peter Dutton and Bill Shorten clash on TV over budget reply plan to ban foreign homebuyers

Opposition leader promised in speech on Thursday to restrict property investment by non-residents

Peter Dutton has been challenged over the number of foreigners who buy houses in Australia each year after promising in his budget reply speech to ban foreign investors.

The opposition leader was asked on Nine’s Today show on Friday about the impact of foreign buyers on the housing market after he proposed the ban as a key measure to ease pressure on the housing market.

Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading...

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