The annual report of the Foreign Investment Review Board shows China splurged A$24.3 billion in 2014-15 – by far the biggest foreign real estate buyer in Australia, reports Domain (9 April 2016). This is more than triple the amount from the US and six times the outlay from Singapore. PR Director Dave Platter said, “We expect Chinese investment overseas to more than double or triple by 2020, and that is not just in Australia – we mean globally. So we are not surprised at all by the trend, and we expect it to continue.”