Concerns about foreign investors driving up housing prices have been growing. Australia was first to bar foreign purchases of existing residential property, but New Zealand is set to go further.
Regulations and changing conditions within China’s economy have led many Chinese investors to spend overseas.
Lazlo Balogh
Chinese real estate investors might be more interested in investing in their homeland rather than Australia, given the changing market and regulations.
The newly created Critical Infrastructure Centre could assist overseas investors on whether they should bid for critical assets like ports.
Julian Smith/AAP
The new Critical Infrastructure Centre might provide clarity on certain projects but it doesn’t resolve the ongoing debate on what approach the government should take with foreign investment.
The Australian Tax Office has found that nearly 14% of Australian farmland is held by foreign investors.
AAP Image/Dan Peled
Katter’s Australian Party federal MP Bob Katter said 30% of the Northern Territory’s farmland and 22% of Tasmania’s farmland is foreign-owned. Is that true?
Prime Minister Malcolm Turnbull says China has more freedom to invest in Australia than almost any other country.
Wang Zhao/EPA/AAP
The Chinese government is changing its role in state-owned enterprises and there’s less cause for concern about the investment bids of these firms in Australia.
Prime Minister Malcolm Turnbull visited China with a large trade delegation in April.
Kanzaburo Fukuhara/EPA
The message Chinese investors are getting from Australia is shifting from ambiguous to ominously hostile.
Scott Morrison told a news conference the Turnbull government welcomed foreign investment where it was consistent with Australia’s national interest.
Mick Tsikas/AAP
Treasurer Scott Morrison has announced that his “preliminary decision” is that the purchase of the Kidman pastoral empire by a Chinese-dominated buyer “is contrary to the national interest”.
Anna Creek, the world’s largest working cattle station, formerly part of the Kidman estate.
Larine Statham
Treasurer Scott Morrison’s reason for rejecting the Chinese bid offers a radically different definition of ‘national interest’ but doesn’t say much about how foreign interests are defined.
Chinese entrepreneur Lu Xianfeng has purchased Van Dieman’s Land Company through his business Moon Lake Investments.
Prime Minister Tony Abbott has announced long-promised changes to the rules for foreign land purchases and ownership in Australia. There are two key changes. First, the Foreign Investment Review Board…
The notion that Chinese buyers are pushing up house prices is a “zombie idea”
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Despite valiant efforts by commentators such as Bernard Keane and Michael Pascoe to slay claims that Chinese buyers are making it harder for ordinary Australians to enter the housing market, the notion…
With the world watching, Australia’s FTA with China is likely to be more about diplomacy than economics.
Parker Song/EPA/AAP
The clock is ticking down to the end of year deadline Australian Prime Minister Tony Abbott has given for sign off on a free trade agreement with China. In this China-Australia FTA series we explore what…
We must address patchy data collection to get an accurate picture of foreign property investment.
ABS
A large portion of commentary on foreign investment in Australia is based on scant data, as recent submissions to the inquiry into foreign investment in residential property show. At the moment it seems…
The government is seeking a free trade agreement with China by the end of the year, but concerns still remain about Chinese investment in Australia.
Daniel Munoz/AAP
As Prime Minister Tony Abbott shifts his Asian tour focus to China, it seems likely the threshold for formal approval on Chinese investment in Australia will be raised to A$1 billion. But any move to open…