Australia slaps 2-year ban on foreigners buying properties in the country ahead of polls

The initiative is seen as a part of the government's election pitch to control the surging home prices. Australia's Housing Minister Clare O’Neil announced on Saturday that from April 1, foreign investors will be banned from buying established property until March 31, 2027

Australia slaps 2-year ban on foreigners buying properties in the country ahead of polls
The initiative is seen as a part of the government's election pitch to control the surging home prices. Australia's Housing Minister Clare O’Neil announced on Saturday that from April 1, foreign investors will be banned from buying established property until March 31, 2027