The newly proposed application fees imposed upon offshore property investors in Australia has fuelled much debate and furor within the industry, reports South China Morning Post (25 March 2015). While some believe the fee is a modest sum for wealthy foreign investors, and would aid the FIRB enforce rules and collect more accurate data of foreign investment, Co-CEO Simon Henry differs. According to Henry, the proposed fees could seriously dissuade prospective foreign buyers. "Australia wants to charge foreign buyers a fee before they know if they will succeed in purchasing the property they are applying for. As often as half the time, they may fail in obtaining the property – but they won't get their fee back," says Henry. [This article is available in print only.]