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Foreign buyers fined $2.7m

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Miklos Bolza | 11 Apr 2017, 08:25 AM Agree 0
The fines stem from 500 penalty notices issued to multiple foreign investors over the past year and a half
  • Scott Compton, Sydney | 11 Apr 2017, 09:01 AM Agree 0
    There need to be checks and balances prior to the purchase rather than in retrospect. Why is there no responsibility on the selling agents to ensure the buyer can legally purchase the property? We have legitimate Australia's missing out on property regularly due to illegal purchases and these legitimate Australia's pay for reports, legal services to be in a position to buy.
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