The property industry accused the Queensland government of a blatant cash grab after it decided to impose a 3 per cent charge on foreign purchases of houses and apartments.
The extra tax, which follows Victoria's 7 per cent foreign investor surcharge imposed in April, will scare away foreign investment in south-east Queensland, the property industry said.
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Mark Ludlow writes on politics, energy and infrastructure based in Brisbane. Connect with Mark on Twitter. Email Mark at mludlow@afr.com
