He stated previous estimates by the Australian Bureau of Statistics determined 12.4 percentage of land changed into overseas owned in June 2013, which became up on a December 2010 survey estimate of eleven.Three percent.
“This commonplace belief that the extent of foreign ownership has been growing seems showed,” he said, including that the land sign in would provide greater accurate facts within the years ahead.
Treasurer Scott Morrison said foreign funding became fundamental to Australia’s financial system, contributing to increase and developing jobs, and warned in opposition to protectionism.
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