Chinese investors bought $9.2b of Australian houses last year: report
Tim Hunter discusses the Chinese property investment in Australia on NBR Radio and on-demand on MyNBR Radio.
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Hawke’s Bay
Chinese investors spent $A8.7 billion ($9.2b) buying residential property in Australia in the last financial year, analysts at Credit Suisse say.
The investment was 60% higher than a year earlier.
In a report dated May 6, Credit Suisse said it estimated the Chinese buying was equivalent to about
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Tim Hunter
Thu, 07 May 2015
Thu, 07 May 2015
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Chinese investors bought $9.2b of Australian houses last year: report
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