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China
- Thread starter Tigers of Old
- Start date
Crafty. Almost got into Morrison's office.
China’s Military Is Tied to Debilitating New Cyberattack Tool (Published 2020)
An Israeli security company said the hacking software, called Aria-body, had been deployed against governments and state-owned companies in Australia and Southeast Asia.www.nytimes.com
The PMO has just denied it.
Israelis probably have a better idea of what's going on inside our it systems than we do.
the article has been amended - not PM but the WA Premier McGowan
Quick google suggests you can but it's very difficult.
Can Foreigners Buy Property in China? Chinese Property Law
Thinking about purchasing real estate and wondering can foreigners buy property in China or not? Read these Chinese propery laws to find out.www.mychinainterpreter.com
TOO well we’ll what a surprise.
Gee we are generous here!
Way too generous. That said there are tough property laws for foreigners across much of Asia. We should make it much tougher too.
It would be great if property prices declined, houses are way too expensive now. But you are correct, political suicide. Even those who bought years ago seem to like the idea of a house worth squllions, not sure why really given that selling for a high price means buying in the same overpriced market.
DS
Because If you bought years ago and your house is worth squillons and you sell and you’re scaling down. So for eg sell at $1.2/$1.5m range and buy further out for $700/800k.
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There absolutely should be an investigation into the origins and the lessons learned from COVID-19 but I fear that the stupidity of the Americans aided by the Murdoch press has now made that very difficult. This fabricated assertion that it was created in a Wuhan laboratory is going to be so counter productive.
One can only hope that some quiet diplomacy behind the scenes from others can lead to something meaningful because learning from this has nothing to with anything else than the safety of all of us in the end.
One can only hope that some quiet diplomacy behind the scenes from others can lead to something meaningful because learning from this has nothing to with anything else than the safety of all of us in the end.
Probably. This is the kind of short term thinking, blinded by the cashola, that is seeing the country bought out from underneath our feet.
Yes that’s true but the investigation into the actual source of the initial infection, what was done to contain it and learning from that is really important and that requires the Chinese to cooperate.
Australia didn't give away anything. Foreign ownership became easier so more houses would be built and bought driving the construction industry which is the foundation of most economies.
Prices went up quickly and everyone was happier because they suddenly became richer. Re-mortgage and end up with cash to spend. New boat, new jet-ski, new car, upgrade to a McMansion so everyone has a home theatre room, en-suites everywhere, outdoor dining areas.
When people think they're richer, they're happy. When they're happy, they normal re-elect the government.
The only way to get it back is to buy it back, but that will cost too much. Or try to sieze it back, which will result in a war.
It's the Chinese now buying our big land and companies. Was the Japanese in the 80's.
Houses? Chinese now, probably Indians too. But 60s and 70s it was the Italians and Greeks. Then the Yugoslavs. Turks followed by Lebanese. Vietnamese arrived.
It's always happened.
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I am not arguing, just pointing out why governments of any shade will not make major changes.
My take is it requires a balance between foreign investment and local ownership
What? Property prices increased because of foreign ownership? That is just wrong td. Absolutely very little to do with foreign ownership.
He fearlessly reported on Wuhan's outbreak. Now this Aussie journalist has been exiled
Chris Buckley spent 76 days in Wuhan during the coronavirus crisis reporting for the New York Times. He now joins an increasingly large group of foreign journalists asked to leave the country he's spent years covering.
www.abc.net.au
I didnt say that it increased because of foreign ownership, rather that without the foreign demand pressure the relative price would drop.
Future, not past.
But I am no expert, and not in the industry.
Happy to stand corrected.
I did find this printed Aug 2019
Dramatic rises in house prices in Australia
Is residential property in Australia an attractive investment? Full analysis of Australia's property market. Best areas? Most demand? Highest rental yields?
www.globalpropertyguide.com
Foreign property demand falling sharply
Australia´s house price surge can be partly attributed to foreign homebuyers, who have accounted for over 20% of property purchases every year.
However foreign property demand is now falling sharply, hit by tighter regulations both in Australia and in China, the largest source of foreign demand.
And there is this, published May 2018
theconversation.com
Australia’s Foreign Investment Review Board (FIRB) reported this week that foreign residential real estate approvals dropped significantly in the 2016-17 period.
Whereas 2015-16 saw 40,149 approvals granted, totalling A$72.4 billion, the figure for the following year was just 13,198 approvals, totalling A$25.2 billion. On these numbers, the foreign property investment boom looks to be over.
FIRB suggests that declining demand from China is a factor in the overall decline in overseas approvals.
Australia's foreign real estate investment boom looks to be over. Here are five things we learned
Foreign investment in Australian property has plummeted by more than half, signalling an apparent end to the China-fuelled real estate frenzy. Along the way we learned some useful lessons about boom and bust.
theconversation.com
Australia’s Foreign Investment Review Board (FIRB) reported this week that foreign residential real estate approvals dropped significantly in the 2016-17 period.
Whereas 2015-16 saw 40,149 approvals granted, totalling A$72.4 billion, the figure for the following year was just 13,198 approvals, totalling A$25.2 billion. On these numbers, the foreign property investment boom looks to be over.
FIRB suggests that declining demand from China is a factor in the overall decline in overseas approvals.
