Price fear as Abbott homes in on foreign buyers
A recent announcement by the Australian government declaring new fees and penalties on foreign property buyers drew censure from the property council, developers, and real estate agents, reports The Australian... Read more >
Foreign buyers face steep fees to purchase
Reaction to the new application fee and penalty for foreign property buyers in Australia has been swift, reports The Sydney Morning Herald (26 February 2015). Whereas Prime Minister Tony Abbott... Read more >
Foreign buyers hit by substantial fees
The new tax on foreign property buyers in Australia is receiving mixed reviews from the market, reports The Australian Financial Review (26 February 2015). While the general consensus showed a... Read more >
ABC News Evening interviews Simon Henry, Co-CEO of Juwai.com
Juwai.com's Co-CEO Simon Henry talks on ABC News 24 Evening about the Australian application fees for foreign property buyers and how it will impact the property market. Read more >
Melbourne homeowners cash in on Chinese New Year
A huge wave of Chinese real estate investors took advantage of the Lunar New Year Golden Week to fly over to Melbourne with property purchase in mind, reports the Domain... Read more >
Agents might be happy to absorb $1500 FIRB fee for offshore buyers
Australian agents and developers may choose to absorb the AU$1500 application fee being lodged at foreign property investors, indicates the Domain Review (16 February 2015). "A developer who covers the... Read more >
Wealthy move in
500 of Australia’s ultra-rich homeowners are based overseas and most of them are Chinese, reports The Courier Mail (14 February 2015). Australia is the second-most searched country according to Juwai... Read more >
Tasmanian real estate industry struggles to get potential Chinese dairy investors to sign on the dotted line
China is the largest importer of dairy products in the world and this growing demand has fueled speculation that Chinese investors could invest in Tasmania’s dairy industry, reports ABC Rural... Read more >
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