. Some countries restrict foreign ownership in selected industries such as banking, media and telecommunications. a. If...

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Finance

. Some countries restrict foreign ownership in selectedindustries such as banking, media and telecommunications.
a. If Australia introduced fresh restrictions on foreignownership in the real estate sector how would this affectAustralian real estate companies? Australian homeowners?Renters?
b. If Australia removed previously existing restrictions onforeign ownership in the banking sector, how would this eventaffect Australian-owned banks? Bank customers? Shareholders ofAustralian banks?

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a If Australia introduced fresh restrictions on foreign ownership in the real estate sector Australian Real estate companiesThis would be positive for the domestic Australian companies as global companies will be required to sell their existing stakes and exit the Australian market Hence it will reduce competition from foreign player and will increase pricing power See Answer

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. Some countries restrict foreign ownership in selectedindustries such as banking, media and telecommunications.a. If Australia introduced fresh restrictions on foreignownership in the real estate sector how would this affectAustralian real estate companies? Australian homeowners?Renters?b. If Australia removed previously existing restrictions onforeign ownership in the banking sector, how would this eventaffect Australian-owned banks? Bank customers? Shareholders ofAustralian banks?