Australia forces sale of 16 foreign-owned properties

Tue, Sep 20, 2016 - 5:50 AM

Sydney

AUSTRALIA has forced the sale of 16 properties bought without government permission by foreigners, Treasurer Scott Morrison said on Monday, after ramping up enforcement of overseas investment rules that have until recently been rarely applied.

Foreign ownership of land has

australia property

Breaking News

02:32 pm

More than 320 dead in India flood crisis

02:07 pm

Venezuela hikes salaries in 95% devaluation amid hyperinflation

01:50 pm

Chinese plane pulled from mud at Philippine airport

12:31 pm

North Korea presses demand for end of Korean War amid talk of Pompeo visit

11:52 am

Federer beats Mayer, to face Wawrinka in quarter-finals

11:00 am

Toyota ordered to pay US family US$242m for Lexus seat defect

1	Keppel Land CFO Lim Kei Hin dies
2	SGX eyes billion-dollar Reits, consumer, tech, healthcare IPOs in coming months
3	CapitaLand-CDL tie-up clinches Sengkang Central site for S$777.78m
4	OCBC prices S$1b perps at 4%, first callable in 2023
5	CapitaLand and CDL team up again - this time for Sengkang mixed development

Real Estate

Real Estate

You are here

Australia forces sale of 16 foreign-owned properties

Pharma holds up July exports but trade war a threat

About those chips and dips...

Gone to waste: a hard look at our recycling effort

Must Read

Pharma holds up July exports but trade war a threat

About those chips and dips...

TPG completes A$279m acquisition of Healthscope's Asian pathology labs

Upcoming GST hike: 'Businesses should focus on value, not just price'

You are here

Australia forces sale of 16 foreign-owned properties

To continue reading

Market voices on:

Sign up for BT Newsletters

Editor's Choice

Most Read

Must Read