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Barnaby Joyce claims people who 'look like' recent arrivals dominate auctions. Who is he talking about?
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Barnaby Joyce claims people who 'look like' recent arrivals dominate auctions. Who is he talking about?

Auctions The Guardian ✦ xCruzoAi 🇺🇸🇪🇸
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— Ai Summary —

Australian housing debate intensified as One Nation’s Barnaby Joyce claimed buyers who look like recent arrivals dominate auctions, despite official data showing foreigners purchase less than 1% of homes. The federal race discrimination commissioner warned against demonising migrants, while Labor’s Tanya Plibersek argued investors are the real pressure in affordability. Data from the Australian Taxation Office showed foreign purchases of residential dwellings at 0.5% in 2024-25 (2,672 of 540,439), with 0.8% in 2023-24 (4,092/525,039) and 0.9% in 2022-23 (4,463/476,136). Foreign purchases of vacant land also declined to 1,951 in 2024-25.

AI-generated summary • Source: The Guardian • Read the full article for complete information.
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