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I found this relating to property in the 2013 budget: "-revamping the foreign resident capital gains tax regime to ensure indirect Australian real property interests are taxable if disposed of by a foreign resident, saving $219.2 million over four years. And from July 2016, imposing a 10 per...

Thanks Kristaje for the links. Wish I had been following this thread. missed the window to show my concern on the Treasury website. So I guess for now its watch this space...