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.
This is an edited version of a live discussion about the state of the Australian Property Market, with Sydney based Mortgage Broker, Chris Bates...
Mortgage Broker and Financial Planner Chris Bates and I discuss current property market trends, consider the fate of the high-rise sector and answer a...
More reports of banks removing cash services, at a time when the Senate Inquiry into Regional Branch closures highlighted again the need for access...
