Opinions regarding the potential impact of the new foreign buyer taxes are varied in Australia, reports Your Investment Property Magazine (19 August 2016). While some industry experts think it will turn off some Chinese buyers, others like Juwai.com Head of Australia Gavin Norris begs to differ. “Nobody is sulking in the corner. In our experience, most buyers can easily separate state policy from anything directed at them personally. The number of enquiries buyers made via Juwai.com to property sellers in Australia was 37% higher in July than in June,” said Morris.
