[Tsagadai]

Australia's policy does not prevent people buying residential houses through trusts or corporations. Ultra-wealthy and money laundering buyers can walk around the law and often do. The only buyers stopped are those closer to median buyers (which for Sydney and Melbourne is around the 1 million dollar mark).

Overall the policy is largely ineffective at even slowing price increases.

Thailand and Australia are not comparable markets, sure foreign buyers want access to both markets but Thailand is a corrupt military junta and Australia has a mostly functional court system (but increasing levels of corruption at the top end).