Good afternoon.One Nation’s Barnaby Joyce has claimed that “people who look like they’ve recently arrived” are knocking Australian buyers out of home auctions, despite tax office data showing fewer than 1% of dwellings are bought by foreigners.The federal race discrimination commissioner subsequently warned against “demonising migrants” in the debate about housing affordability.Existing property laws, extended by Labor in last month’s budget, ban non-residents from buying most Australian property types, and require foreign buyers to apply for approval from the tax office.Top news
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