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Parliamentary Questions


Question Without Notice No. 641 asked in the Legislative Council on 22 August 2018 by Hon Peter Collier

Parliament: 40 Session: 1

FOREIGN BUYERS SURCHARGE — TRANSACTIONS

641. Hon PETER COLLIER to the minister representing the Minister for Finance:

I refer to the McGowan government's foreign property buyer surcharge.

(1) Does Landgate keep data on the number of foreign buyer transactions?

(2) If yes to (1), what is the number of foreign buyer transactions for the past five years, broken down by established and new properties?

(3) Does the Foreign Investment Review Board keep data on the number of purchases of new properties in Western Australia by foreign nationals; and, if so, has the data been provided to Treasury or the Department of Finance?

(4) If yes to (3), what is the number of new properties that have been purchased by foreign nationals in Western Australia over the past five years?

Hon STEPHEN DAWSON replied:

I thank the Leader of the Opposition for some notice of the question.

(1) No.

(2) Not applicable.

(3) No. The Foreign Investment Review Board provides data only on approvals, and not all approvals result in a purchase.

(4) Not applicable.