Jim Chalmers 2022

The Hon Dr Jim Chalmers MP
Treasurer

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The Hon Dr Jim Chalmers MP
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Treasurer

New foreign investment laws to boost housing supply

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The Albanese Government has today introduced legislation to adjust the foreign investment framework to help boost Australia’s housing stock and provide more homes for Australians.

Higher fees for the purchase of established homes and increased penalties for those that leave properties vacant will help ensure foreign investment in residential property is in our national interest.