In regards to the recent parliamentary inquiry into foreign investment in Australian real estate, Andrew Taylor of Juwai.com notes that smart Chinese investors know the inquiry could go either way, reports news.com.au (19 June 2014). That means it's possible that the rules that come out of the inquiry could make foreign investment easier. Taylor shares insights on a number of areas that could potentially be made easier for foreign investors. 36 submissions from organisations have been made in response to the inquiry. This including that of the Australian Bureau of Statistics, which noted the public FIRB data was not even sufficient enough to rely on as a data source, and that detailed information "on actual investment by country of investor would assist in meeting data gaps in the ABS's foreign investment in real estate estimates."
