Category: Fair Go for Rural Australians

Chinese buying up Australian property wealth

Chinese middle class investors are buying up almost one-fifth of new housing built in Sydney as part of a $5 billion annual outlay on Australian real estate which is pushing up prices and will ultimately change the way property values…

Selling the farm, eroding livelihoods

Is this the thin edge of the Gillard’s ‘Asian Century’ wedge?  The Foreign Labor Party has been approving the sale of Australian property to Chinese state-owned corporations since it lied to the electorate to snatch power.  The Chinese are strategically…