Victoria’s state budget ‘not too damaging’ for foreign homebuyers

Higher taxes for foreign homebuyers to purchase properties in Victoria and remains as Australia’s No.1 destination for Chinese property buyers, reports realestate.com.au (28 May 2019). Ms. Carrie Law, CEO and Director of...

Foreign property buyers and ownership hit in Victoria state budget

Foreign property buyers taxes hike in Victoria is not too damaging, reports the Property Observer (28 May 2019). Victoria's state budget announced an increase for foreign buyer tax from 1.5 percent to...

Chinese demand for Greek property remains high despite EU crackdown

Chinese demand for Greek real estate remains high despite the recent EU crackdown, reports Greek Reporter (28 May 2019). Chinese enquiries for Greek property have dropped since Q3 2018 but still are...

Victorian state budget 2019: Property industry, social services advocates react to taxes, infrastructure

The Victorian state project has had mixed response from industry experts, reports Domain (28 May 2019). While some think the foreign buyer tax will have adverse effect on the market, others think...