Author
Michael Mata is a content marketing specialist, editor and writer. He is a former journalist at Your Investment Property Magazine.
The federal budget is set to slap foreign property buyers with thousands of dollars in fees if they leave their investment properties vacant, according to a new report from Sky News. The new measure could see foreign property investors pay fees as high as $5,000 per property if their homes or apartments are left empty.
The Australian
Less affluent Australians have the most to lose if house prices collapse and cause an economic downturn, warned Shadow Treasurer Chris Bowen.