PHOTO: Sydney could have up to 68,000 empty homes. Picture: Sam Mooy/AAPSource: AAP
WOULD you dob in your neighbour for leaving their home unoccupied?
That’s the hope of federal and state governments as they prepare for a major crackdown on houses and apartments sitting empty around the country.
In November, federal Parliament passed legislation giving the Australian Taxation Office power to fine foreign investors up to $5500 a year if they leave their properties empty, plus up to $52,500 for failing to lodge their forms.
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