There is a big black and frankly rather whiffy hole in Australian real estate, created by the suspicion the sector is a honey pot for money laundering and other criminal activity. After all, we have deliberately failed to implement the recommendations from earlier reviews, and of course the question we need to ask is WHY?
In a nut shell, Senators have been told money laundering could further push up surging house prices, but real estate lobbyists have warned counterattack measures could also shake the market.
Go to the Walk The World Universe at https://walktheworld.com.au/
Today’s post is brought to you by Ribbon Property Consultants.
Robbie Barwick from the CEC and I discuss the latest on the cash ban. Quiet Australians are speaking! Share this:EmailPrintTwitterFacebookLinkedInReddit
The gap between average prices and affordability has widened substantially, and it is unlikely things will turn around anytime soon. And rate cuts are...
As expected, the US central bank’s policy-setting Federal Open Market Committee kept rates on hold following their latest meeting – in a target range...
