Foreign Property Ownership Limits of 2015
Rationale
Limits foreign residential ownership to protect housing affordability and ensure supply for citizens, while allowing foreign investment in commercial property.
Proposed Changes
| Law | Previous | Proposed | ||
|---|---|---|---|---|
| 1 | Foreign Land Ownership |
Foreign purchases require government approval
|
Foreign ownership limited to commercial property only; residential banned
|
1
Foreign Land OwnershipProposer
Party
Development
Development drives progress with iron will and open markets while borders stand strong against the tide of chaos.
Core pillars
Catherine Chambers
Activist · Age 38
A self-taught operative with an unshakable knack for navigating political terrain, Catherine Chambers rose from grassroots organizing to powerbroker through sheer ambition and streetwise cunning.
Timeline
-
Draft29 April 2015
-
Vote Open29 April 2015
-
Vote Closed28 June 2015
-
Did Not Become Law28 June 2015
Vote tally
Live tally across each chamber. Weighted by seats held.
House Of Commons
FailedFor: 0 / 240 seats (0.0%)
Against: 0 · Abstained: 0 · Not voted: 240
| Party | Seats | Vote | Reason |
|---|---|---|---|
| Development Proposer | 0 | Yes | No reason given |
House Of Representatives
FailedFor: 0 / 48 seats (0.0%)
Against: 0 · Abstained: 0 · Not voted: 48
| Party | Seats | Vote | Reason |
|---|---|---|---|
| Development Proposer | 0 | Yes | No reason given |
| Empty seats | 16 | Not voted |
Prime Minister
PassedFor: 0 / 1 seats (0.0%)
Against: 0 · Abstained: 0 · Not voted: 1