“On the other hand, if their aim is capital preservation (as is the case for some Chinese investors who just want their money out of China), then a little extra cost is unlikely to worry them if the bulk of their capital is safe.”

Hi Steve, you are spot on this. lots of Asian buyers are actually coming for the good value of Australian properties (relative to home). if we compare the same apartments ( locations, size, facility,..), here it is so much cheaper than Beijing, Shanghai, Guangzhou,and Shengzhen ( first tier mega cities in China).

Unless AU government stops these buyers, the increased fees and charges is less likely to stop them, which is a really good thing for AU local economy.

• This reply was modified 7 years, 2 months ago by  Eric Wu.