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New pretend FIRB crak down, page-5

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35,472 Posts.

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02/05/15

20:30

Post #: 15206015
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Originally posted by kingpins ↑

Part of this new scheme is to turn control over to the ATO which we all know are a very efficient organization?

Maybe they could force Real Estate Agents to place the tax file number on the contract to signify they are Australian residents

The proposed $5 000 fee for people who want to buy outside the rules is a joke it should be a minimal of $50 000

There are number of simple moves that the government could do to fix the problem if they were sincere in their claims to want to rein in the foreign buyers.

But the fact is although they get up on TV with speeches they don't actually want anything to change

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They don't want to rein anything in, just raise a few bucks for more public servants to blow
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