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Sophie Foster

Reporter

Indexed articles, last 90 days
49
Latest publication
Sep 30, 2026
Outlet visibility, for realestate.com.au
Top 5K sites
Earliest in this view
Jul 6, 2026

Latest articles

  1. Article · Sep 30, 2026 · Sophie Foster

    Foreign buyer fined $508k, ATO freezes land with 111 forced sales - realestate.com.au (opens the original)

    Excerpt · Critical tone · English

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    The ATO is undertaking a major crackdown to ensure that all residential land sold to foreigners is built in within the time frame specified. A foreign investor who ghosted the ATO over land banking an empty block has been hit with a $508k court fine and a property freeze. It comes as 111 offshore owners have been forced to sell. Offshore investor Fengqin Li has been hit with a $508,000 Federal Court penalty and asset freezing orders after ignoring tax office queries over a vacant residential blo

  2. Article · Sep 28, 2026 · Sophie Foster

    ‘Thumb on the scale’: Ex-RBA insider exposes rate hike flaw - realestate.com.au (opens the original)

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    Westpac chief economist Luci Ellis was formerly RBA assistant governor (economic), effectively the central bank’s chief economist. Picture: NCA NewsWIRE, Monique Harmer A former Reserve Bank insider turned big four bank chief economist has exposed a critical flaw in RBA’s ‘one-sided’ internal models that could be artificially forcing mortgage rates higher. Westpac Group chief economist Dr Luci Ellis – who previously served as the RBA’s assistant governor – warned top officials are relying on thr

  3. Article · Sep 25, 2026 · Sophie Foster

    Shock as big four bank doubles housing crash forecast - realestate.com.au (opens the original)

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    Westpac issued its housing market update Friday. One of Australia’s biggest banks has doubled its national housing price crash forecast within the space of just three months, with one capital alone plunging double digits wiping out years of gains. Westpac’s latest Housing Pulse report released Friday afternoon saw a drastic downgrade in its outlook – flagging national home values will fall 6 per cent this year – which is double its previous -3 per cent drop prediction made in June. Historically

  4. Article · Sep 25, 2026 · Sophie Foster

    Rates nightmare: Experts tip double RBA hike before Christmas - realestate.com.au (opens the original)

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    RBA governor Michele Bullock runs the risk of losing credibility if they do not act on inflation. Picture: NewsWire / Nikki Short A bombshell survey reveals nearly half of the nation’s leading economists warn a brutal double rate hike will smash households before Christmas. Fresh figures released Friday by comparison site Finder show a crushing 90 per cent of finance experts and economists predict the Reserve Bank will vote to lift the official cash rate by 25 basis points to 4.6 per cent at its

  5. Article · Sep 24, 2026 · Sophie Foster

    $750k ‘golden visa’: Aus landlords flee to tax-free offshore mansions - realestate.com.au (opens the original)

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    A Middle East developer BNW Developments has seen Australian interest in tax-free property surge. Their projects include Orvessa Residences by Michel Adam in Dubai. Source: BNW Super-rich billionaires like Adrian Portelli aren’t the only ones racing to stash cash offshore after new federal laws – with everyday Aussie mums and dads fleeing to desert tax havens too. A multi-billion surge in Australian property profits since John Howard introduced the world’s most generous landlord tax benefits has

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