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Hitting foreigners unlikely to improve Aussie housing supply

The move by the Federal government is more symbolic than practical.

A better way to improve the housing supply would be to ease planning regulations to allow more high-density housing.

Dan Purves Mon, 12 Feb 2024

Anthony Albanese’s Government’s plans – to boost Australia’s housing supply by hitting foreign buyers with greater fees for purchasing a property or leaving it unoccupied – have been described as “trivial” by an economist. 

Treasurer Jim Chalmers and Minister for Housing Julie Collins

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Dan Purves Mon, 12 Feb 2024
Contact the Writer: dpurves@nbr.co.nz
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Hitting foreigners unlikely to improve Aussie housing supply
Australia,
102644