Australia''s federal government has announced that all foreign investors, including temporary residents and foreign-owned companies, are banned from buying established homes from 1 April 2025, for at least two years. Existing rules already tightly limit the classes of foreign buyer who can acquire established homes. ＜登入＞All six Australian states impose 7– 8 per cent transfer duty surcharges on acquisitions of residential related property acquired by a foreign person, company or trust. The Australian Taxation Office (ATO) is to receive an extra AUD5.7 million to enforce the ban over the next four years. New policy guidance will be issued before the ban comes into force.
Sources：【2025/02/19 K&L Gates】