Overseas Investment Amendment Act 2018
The Overseas Investment Amendment Act 2018 is a bill that amends the to ban most non-resident foreigners from buying existing houses, by classifying them as sensitive land and introducing a residency test. Australian citizens are exempt from this rule as they are considered New Zealand residents per the Trans-Tasman Travel Arrangement. Singaporean citizens are also exempt due to free trade rules. The Overseas Investment Amendment Act was supported by the Labour–led coalition government but was opposed by the opposition centre-right National and libertarian ACT parties. It passed its third reading on 15 August 2018 and received royal assent on 22 August.
Link from a Wikipage to another Wikipage
primaryTopic
Overseas Investment Amendment Act 2018
The Overseas Investment Amendment Act 2018 is a bill that amends the to ban most non-resident foreigners from buying existing houses, by classifying them as sensitive land and introducing a residency test. Australian citizens are exempt from this rule as they are considered New Zealand residents per the Trans-Tasman Travel Arrangement. Singaporean citizens are also exempt due to free trade rules. The Overseas Investment Amendment Act was supported by the Labour–led coalition government but was opposed by the opposition centre-right National and libertarian ACT parties. It passed its third reading on 15 August 2018 and received royal assent on 22 August.
has abstract
The Overseas Investment Amendm ...... ved royal assent on 22 August.
@en
Link from a Wikipage to an external page
Wikipage page ID
58,262,864
page length (characters) of wiki page
Wikipage revision ID
1,012,625,596
Link from a Wikipage to another Wikipage
date passed
2018-08-15
imagesize
introduced by
legislature
long title
An Act to—
amend the Overseas ...... uine benefits for the country.
@en
royal assent
2018-08-22
short title
Overseas Investment Amendment Act 2018
@en
status
Current
@en
wikiPageUsesTemplate
subject
comment
The Overseas Investment Amendm ...... ved royal assent on 22 August.
@en
label
Overseas Investment Amendment Act 2018
@en