The new Australian fee is unlikely to deter Chinese demand for Australian real estate, reports Real Estate News (23 May 2015). According to Simon Henry, Co-CEO, this is particularly true for Chinese buyers seeking higher-priced properties. “It’s important to remember why they’re interested in buying property here in the first place, for the lifestyle and access to education,” explains Henry, before sharing that the new policy is also unlikely to trigger a flurry of activity before 1 December, which is when the fee will be applied.