Labour backs Abbott’s foreign home buying restriction plan
Labour housing spokesman Phil Twyford says a similar system should be implemented here in NZ.
Jason Walls Fri, 27 Feb 2015
Concerns over wealthy foreign investors putting homes out of reach for Australians has triggered a plan to make it harder for foreigners to buy property in Australia.
Australian Prime Minister Tony Abbott has released a framework for the regulations on foreign purchases of property in Australia.
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