Australia news live: PM says he shouldn’t have gone on Bush Deep podcast; home sales to overseas buyers plunge

Albanese said now-infamous interview, dubbed ‘melon-gate’, taught him he needs ‘to do better every day’. Follow today’s news live Get our breaking news email, free app or daily news podcast Purchases of Australian property by overseas investors have plunged after the government announced a ban on foreigners buying Australian homes, Australian Associated Press reports. The number of investment approvals fell by more than 22% to 5284 in 2024/25, the Productivity Commission found in its annual trade and assistance review. Continue reading...

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