Australia’s Foreign Investment Review Board (FIRB) reported this week that foreign residential real estate approvals dropped significantly in the 2016-17 period. Whereas 2015-16 saw 40,149 approvals granted, totalling $72.4 billion, the figure for the following year was just 13,198 approvals, totalling $25.2 billion. On these numbers, the foreign property investment boom looks to be over. … Continue reading Australia’s foreign real estate investment boom looks to be over. Here are five things we learned