Tue, Sep 30, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Market

Australia: Investors question land plan

Posted on 04 November 2013

The Australian head of Qatar’s sovereign wealth fund-backed Hassad is calling for an urgent rethink on the ­federal government’s policy on foreign land purchases, suggesting the new criteria will hurt land prices.
The Coalition has proposed that Foreign Investment Review Board (FIRB) tests include a lower threshold for rural acquisitions of $15 million down from the existing $248 million. Hassad Australia’s John Corbett said that policy had not been thought through and would damage values, The Australian Financial Review reports………………………………Full Article: Source


 Article link

This post was written by:

VRS - who has written 14845 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
September 2014
M T W T F S S
« Aug    
1234567
891011121314
15161718192021
22232425262728
2930