Australian International Investment Processes are Adding to the Rental Crisis

UDIA National has been and remains an active supporter of the Government’s housing and economic initiatives. Our focus remains on supporting governments to deliver sufficient new housing supply across the continuum.
Our members are reporting a growing foreign investment administrative blockage for the supply of new rental housing that is derailing investment approvals and Treasury’s efforts to manage foreign investment in Australia.
Currently, those that deliver new rental investment dwellings to the Australian market are seeing project investment being undermined by the administration of international investor approval. The issue is not with the validity of the approval itself, but rather the procedural steps involved that cause the problem. Potential investors simply cannot navigate the process as currently set up.

Our full submission can be downloaded via the button below