08-08-2015, 11:26 AM
Treasurer orders sale of six homes
Joe Hockey has ordered the sale of six residential properties owned by foreign nationals.
The owners live in four countries, with one investor having two in a Perth suburb, the treasurer told reporters in Sydney on Saturday.
Some purchased the properties with Foreign Investment Review Board approval but their circumstances have changed, while others have simply broken the rules, he said.
Joe Hockey has ordered the sale of six residential properties owned by foreign nationals.
The owners live in four countries, with one investor having two in a Perth suburb, the treasurer told reporters in Sydney on Saturday.
Some purchased the properties with Foreign Investment Review Board approval but their circumstances have changed, while others have simply broken the rules, he said.
Virtual currencies are worth virtually nothing.
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