A report published by Juwai.com shows Chinese investors spent A$23.8 billion in Australian property, reports Business Insider (6 July 2017). According to the Juwai report, the level on investment in 2017 should be slightly lower than 2016. “In Australia, we see that investment flows have decreased markedly from their peak, while remaining strong by historic standards,” said Sue Jong, COO of Juwai.com. “Capital controls, bank lending standards and foreign buyer taxes have combined to wind back the clock to 2015,” added Jong.
