The latest decision to force Chinese real estate tycoon Xu Jiayin to sell his Sydney harbourside mansion was criticised but Australian Treasurer says foreign investment is still welcome Down Under, reports the Nikkei Asia Review (23 March 2015). The enforced sale of Xu’s mansion and implementation of application fees for foreign property investors has put Australia under tight scrutiny. Simon Henry, Co-CEO of says, “Everything depends on what the Australian government does next.” He warns that if Canberra “continues to act unpredictably and aggressively against foreign investors, premium buyers may simply stop coming to Australia.”