Foreign investors banned: What else is in it for you

Lucas Baird, Michael Smith, Julie Hare, Andrew Tillett, Ryan Cropp and Paul Karp

Mar 25, 2025 – 7.32pm

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Foreign investors will be banned from buying existing homes under measures in the budget, and overseas developers will have to start building their projects more quickly to prevent so-called land banking.

The Albanese government aims to make nine out of 10 doctor visits free by 2030, and the competition watchdog will get more powers to punish electricity companies if they gouge customers on prices.

Lucas Baird is a journalist based in The Australian Financial Review's Sydney office.

Michael Smith is the health editor for The Australian Financial Review. He is based in Sydney.

Julie Hare is the Education editor. She has more than 20 years’ experience as a writer, journalist and editor.

Andrew Tillett writes on politics, foreign affairs, defence and security from the Canberra press gallery.

Ryan Cropp is an energy and climate reporter at The Australian Financial Review based in the Canberra bureau.

Paul Karp is The Australian Financial Review’s NSW political correspondent.