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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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Jason Walls
Fri, 27 Feb 2015
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Labour backs Abbott’s foreign home buying restriction plan
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