Australia got in first with restrictions on foreign investors in housing, but Jacinda Arden’s new government plans to go further.
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.
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.
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.
Evidence suggests our foreign investment policy has changed over time, but to what end?
Scott Morrison cited national security concerns in knocking back a bid by Chinese companies for a share of Ausgrid.
Scott Morrison has formally ruled out Chinese companies obtaining a 50.4% share of Ausgrid.
There is a risk of cyber attack from China on Australian assets like Ausgrid.
There is a real threat from Chinese ownership of electricity networks such as Ausgrid. The Treasurer needs to be more frank about these threats.
The bids from two Chinese firms for the lease of NSW electricity network Ausgrid have been rejected by the Australian Treasurer.
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.
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.
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.
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.
Treasurer Scott Morrison has approved the $280 million sale of Australia’s largest dairy farming business to the Chinese-owned Moon Lake Investments.
David Irvine will bring his knowledge of China and his experience as a former ASIO head to the Foreign Investment Review Board.
Former ASIO director-general David Irvine has been appointed to the Foreign Investment Review Board.
A home-grown problem.
The housing and housing affordability crisis will not be solved by a clamp-down on one group of buyers.
Changes to Australia’s foreign investment regime are supposed to strengthen protections in the residential market.
Changes to our foreign investment regime are more tinkering around the edges than true reform.
Water is just as critical as land for farms like Cubbie Station.
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”
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.
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.
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.
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…