Business

'Liar loans' leave property market open to criminal exploitation

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AI Summary

Hundreds of millions of dollars worth of property, largely in Sydney, has been bought by people who have submitted fake incomes statements and other fraudulent documents to support their borrowing. Newsiline summarises this report from ABC News Australia and links readers to the original publisher for the full story.

Key Points

  • Original report published by ABC News Australia.
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  • Readers are directed to the publisher for the complete article.

Why It Matters

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Sources

ABC News Australia: Read full story at source

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