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.
Chinese real estate investors might be more interested in investing in their homeland rather than Australia, given the changing market and regulations.
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.
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?
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.
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”.
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.
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…
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…
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…
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…
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…