Senate debates Questions without Notice

Housing


Malcolm Roberts

Malcolm Roberts Queensland, Pauline Hanson's One Nation Party

2:41 pm

So the upshot of that is: you don't know. Thank you for admitting it eventually. Publicly available data from the New South Wales Treasury covering the entire 2022-23 financial year indicates that 1,657 foreign buyers last year purchased housing worth $2.1 billion, suggesting every year in Australia 5,000 foreign buyers purchase $5 billion in housing. Minister, what is your government doing about foreign ownership of Australian housing?

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