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

Higher foreign investment fees for housing

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The Albanese Government will 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, increased penalties for those that leave properties vacant, and strengthened compliance activity will help ensure foreign investment in residential property is in our national interest.