Foreign investors who illegally buy houses in Australia face hefty fines and prison terms of up to three years, PM Tony Abbott said. Photo: AP
Foreign investors who illegally buy houses in Australia face hefty fines and prison terms of up to three years, PM Tony Abbott said. Photo: AP
World

Australia vows to jail foreigners who buy property illegally

BloombergReuters
Bloomberg and Reuters

Updated: 9:15am, 4 May, 2015

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Foreign investors who illegally buy houses in Australia face hefty fines and prison terms of up to three years, PM Tony Abbott said. Photo: AP
Foreign investors who illegally buy houses in Australia face hefty fines and prison terms of up to three years, PM Tony Abbott said. Photo: AP
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