The Coro

28 McDougal Street, Milton, QLD

Tuesdays

6.45am - 8.30am
The Foreign Investment Review Board (FIRB) is the entity which oversees real estate and business investments in Australia by foreign persons.

The Foreign Investment Review Board (FIRB) is the entity which oversees real estate and business investments in Australia by foreign persons

Section 5 of the Foreign Acquisitions and Takeovers Act 1975 (Cth) (Act) defines a foreign person as a natural person who is not ordinarily a resident in Australia. The Act provides further definitions for corporations and trustees who may also be classified as a foreign person.

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Houses too pricey

Just how much foreign money is contributing to rising property prices is a staple of dinner party conversations around the globe. Australians now have a near-official answer, and it's less than most would think.

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