Global Trade Alert
Global Trade Alert

Australia: Further increased foreign property taxes in Victoria

Announcement

22 Apr 2016

In April 2016, the government of Australia announced altered domestic business conditions for foreign investors.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

01 Jul 2016

Revocation date:

No revocation date

FDI: Treatment and operations, nes

 On 22 April 2016, the Victoria government announced it would raise foreign property taxes. According to the press release, "(i)t is only fair that foreign buyers - who do not pay taxes such as payrol...

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