前言 Chinese investors are often blamed for rising house prices in Australia, but many factors may mean that demand will fall in the coming years. A recently released report found that Chinese investment in residential real estate is slowing. As the rental yield gap between the two countries has narrowed and house prices have risen,…
Driven by ultra-low interest rates, the average loan for buying existing homes has reached 500,000 yuan, raising concerns that many people are carrying more debt. Australian Bureau of Statistics data shows that the average loan for existing homes in NSW in 2019 increased by 112,600 yuan (22.2%) to an all-time high of 621,500 yuan. In…
Australian universities are actively lobbying the government to exempt foreign students from entry bans. As cabinet ministers prepare to set up a special group to assess the economic impact of the extension of the entry ban, the Morrison government has rejected lobbying by the 38 billion university industry seeking an exemption of 100,000 international students…