Foreign property investor

Is the Asia story over?
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In his column in Switzer, John McGrath discusses the future of foreign property investment in Australia.  Here’s what he had to say:  Foreign investment has been a significant driver of Australia’s property market, and in many ways, a contributing factor to our strong economy, particularly over the past decade as China has boomed and its rising middle…

Chinese buyers unlikely to turn away from Aussie real estate anytime soon
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Increased property taxes and strengthened foreign buyer legislation are unlikely to outweigh the main reason Chinese investors target Australian real estate, according to a major real estate marketing platform. Malcolm Gunning, principal of Sydney based real estate agency Gunning, this week claimed that while the taxation and regulatory changes aren’t particularly onerous, Chinese buyers in…