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Australia News & Event
Australia FIRB fee likely to weigh on home prices and property investment
Analysts said the investment fee hike by Australia for foreigners may be untimely considering the heightened risks of inflation,  global recession and declining home prices in the country. Canberra doubled the Foreign Investment Review Board (FIRB) application fees on Friday last week, with the maximum set at A$1.045 million (US$730,000) for deals worth more than A$2…
03/08/2022692Views1 minRead time
Australia Market Insights News & Event
Migration is part of a complex chess game in construction, housing
Juwai IQI’s Group Managing Director, Daniel Ho, pointed to the observation of Infrastructure Australia, which says the demand for builders is 48 per cent higher than supply. “Australia needs more training programs to develop workers locally and it needs more migrants to fill the gaps,” Mr Ho told Australian Property Investor Magazine. “When it comes to the…
04/07/2022943Views1 minRead time
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