Review on policies on immigration. New measures on foreign property ownership including vacant tax. Higher stamp duties to slow property prices growth as to one of the world most expensive in Sdyney.
As minerals prices on export remain sub due. Also China new policies to curb money flow out from the country. All likely to point to a slower demand of its properties and at the same time reducing its economy policies dependency that based on migration. During the transformation I expect a weaker Aussie dollar in near term.
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