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Australia taxes foreign home buyers

SYDNEY: Sydney is imposing new taxes on foreigners buying homes as concerns grow that a flood of mostly Chinese investors is crowding out locals and killing the “Great Australian Dream” of owning property.


'Better services come with price tag'

PUTRAJAYA: Kuala Lumpur City Hall’s (DBKL) proposal to revise the assessment rates on properties in the city is long overdue as demand for services has come with greater costs, said the Urban Wellbeing, Housing and Local Government Minister.