According to, an impetus that spurs Chinese property investment in Australia is Chinese tourism, reports OPP Connect (29 July 2014). This comes hot on the heels of news that some big-name Chinese developers – including the Greenland Group of China and Hong Kong billionaire Tony Fung – are planning to add more mega tourism projects within the next six years. From resort hotels and casinos to residential and commercial projects, this much-coveted injection could potentially provide a boost of up to A$20 billion for Australia till 2020. Co-CEO, Andrew Taylor points out that top tourism destinations and top property investment destinations tend to overlap. “For Chinese, tourism often leads to property buying. They visit, fall in love with a place and end up buying a home there," says Taylor. Chinese buyers are also fans of killing two birds with one stone, often combining their holidays with property hunting to fully maximise their visit in Australia. In 2013, 697,000 Chinese tourists visited Australia – an increase of 14%.