Pauline Hanson demands Anthony Albanese BAN foreigners from owning property in Australia: 'China is buying up so much property and housing'
1 year, 5 months ago

Pauline Hanson demands Anthony Albanese BAN foreigners from owning property in Australia: 'China is buying up so much property and housing'

Daily Mail  

Pauline Hanson has called on the Albanese government to ban foreigners from owning property in Australia. Senator Hanson claimed a low exchange rate and poor government policy had escalated the country's housing crisis and made it easier for foreigners, particularly from China, to buy property. 'China is buying up so much property and housing in Australia and it is disgusting and it makes me so mad that the politicians are not doing anything about it,' Senator Hanson said. Host of 2GB, Chris O'Keefe asked Senator Hanson if the issue was being 'blown out of proportion' but she argued the housing crisis was severe, claiming Chinese investors were worsening the crisis O'Keefe asked the Senator if the issue was being 'blown out of proportion', claiming statistics revealed foreign investment represented less than 1 per cent in Australia's housing market in 2021 to 2022. Senator Hanson argued the issue was severe, citing data from Foreign Investment Review Board which revealed Chinese investors spent $2.3billion on housing in Australia from January 2022 to March 2023.

History of this topic

Anthony Albanese launches a crackdown on foreign buyers - after record immigration sparks housing crisis
10 months, 2 weeks ago

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