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Another state to charge foreign investors

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The New South Wales Government has followed Victoria's lead and will charge foreign investors a special tax on property purchases. Image: NSW Treasurer Gladys Berejiklian (AAP)


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By Ricardo Gonçalves

Presented by Christie RIvera

Source: SBS



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The New South Wales Government has followed Victoria's lead and will charge foreign investors a special tax on property purchases. Image: NSW Treasurer Gladys Berejiklian (AAP)


It will give the state government an extra $1B over four years as a result.

But will it turn off investors?

 

 

 


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