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.
The latest edition of our finance and property news digest with a distinctively Australian flavour. CONTENTS0:00 Start0:34 Introduction0:44 RBA On Property Prices4:00 Retail Trade...
In this week’s show Edwin, our property insider, and I highlight recent changes in property listings, which might well signal a change in trajectory...
The Reserve Bank held its cash rate at 4.35% for a sixth straight meeting on Tuesday and lifted its forecasts for inflation and economic...
