Australia gov’t to double foreign investment fees, penalties - BusinessWorld Online

📆 23/07/2022 6:15 AM

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Australia will double the fees for foreign investors looking to buy assets in the country, Treasurer Jim Chalmers said on Friday, as he grapples with protracted budget deficits and seeks to boost government revenue.

📆 23/07/2022 6:15 AM
📰 bworldph

⏱ Reading Time:
10 sec. here
2 min. at publisher
📊 Quality Score:
News: 7%
Publisher: 68%

SYDNEY —

Mr. Chalmers said he continued to back foreign investment in Australia but he had to make the decision due to “the state of the budget we have inherited from our predecessors.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Write Comment

Australia Australia Latest News, Australia Australia Headlines