Australia's Treasury has decided to sell 16 properties purchased by foreigners without government authorization, Treasurer Scott Morrison said. The sale of 16 properties purchased by foreigners without government authorization.

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The department issued a statement saying, ”Foreign investment provides significant benefits to Australia but we must also ensure that such investments benefit all Australians, are consistent with local laws and are not contrary to the national interest."

Australia's Treasurer Scott Morrison said in May that Australia had forced the sale of 16 properties purchased by foreigners without government authorization.

Australian authorities have warned that foreigners must obtain approval from the government's Foreign Investment Review Board before buying property in Australia, and foreign ownership of land and property has become a sensitive issue in Australia and a point of contention between Australia and China in particular, and Chinese bidders were prevented in April from buying Australia's largest piece of agricultural land.

Australian authorities have warned that foreigners must obtain approval from the government's Foreign Investment Review Board before buying property in Australia.