Australia:Why you can’t blame Chinese investors for Australia’s property bubble

The scale of Chinese investment in the Australian residential property market continues to polarise public opinion. Chinese buyers are often blamed for driving up house prices in Australia and causing the current affordability crisis. However, Chinese offshore purchases are surprisingly low. Based on Foreign Investment Review Board (FIRB) approval figures, ABS data, and our own […]

manager No Comments September 14, 2015 1:30 pm

The OECD has warned Australia’s housing market could collapse

A LEADING authority on the world economy has warned that Australia’s inflated housing market is at risk of a “sharp correction”. While the Organisation for Economic Cooperation and Development, was forecasting a three per cent growth in our economy next year, thanks to a rise in investment in the non-mining sector and exports, it feared […]