A surge in interest from Chinese investors will drive up Australian house prices, reports Macro Business (18 May 2020). The Australian property was hit hard by the coronavirus pandemic as unemployment rate soared and boarder closures limited assess for buyers. Despite this, Chinese property portal Juwai IQI said Chinese investors’ interest in Australian market remains strong as Chinese enquiries only dropped 10 per cent while Australian buyers declined 40 per cent. “China is back in business much earlier than the rest of the world,” said Juwai IQI executive chairman George Chmiel.