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Even if it was only 0.1% as you said, that still amounts to 1.3 million foreign Chinese investors who are millionaires wanting to invest in Australia and will push up prices and push out Australians. As China booms further the number of rich there who look to invest in Australia is going to...

http://sourceable.net/chinese-property-investment-in-sydney-hits-a-peak/?goback=.gde_1950137_member_276262940#! We can't ignore this.

That's not the case in Australia though with regards to foreign investors. Our rules (or lack of rules) are overly generous at present and must change.

It is a problem if they are all millionaires as soon as they become citizens. It prices existing Australians out of the market. Now it might not be so much of a problem for those of us who are financially comfortable, although I worry about our children. Not a ban per-se, but tighter limits...

Indigenous Australian CAN and should be able to buy property in Australia as they are as Australian as anyone else. When I said the Chinese I was referring to Chinese citizens, not Chinese Australians. I'm not being racist although we have to protect Australians (of all races) interest from...

It doesn't matter if they American, Russian or Chinese. Well it comes down to how long they have been Australian citizens. If it is a recent change in demographics and wealth due to immigration, then that might be the broader issue that needs to be addressed also. I'm far from a socilaist...

Hopefully the new government finally addresses the issue of foreign investment. It is only going to get worse otherwise.

http://smh.domain.com.au/real-estate-news/beach-shack-sells-for-500000-over-reserve-20130916-2tukn.html

It won't be beneficial in the long run. In the short term it is only beneficial to those selling to foreign investors and getting a great sale price. Absolutely we must. Limit investment from foreign nationals to a single transaction not exceeding the sum of 500K in a 1 year period, which if...