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Australia Market Insights News & Event
Home prices boom in three-quarters of top global cities during the pandemic: Juwai IQI report
Property prices have boomed in three out of four top global cities during the pandemic, as changing preferences for housing, low interest rates, and increased savings drive up buyer demand and prices, according to a new report from the Chinese property portal Juwai IQI. Juwai IQI Group co-founder and executive chairman Georg Chmiel said Australian…
13/08/20211KViews0 minRead time
Australia Market Insights News & Event
Australia’s already hot property market could hit new highs when borders reopen
New analysis from Asian real estate platform Juwai IQI shows that while some capital cities have experienced double-digit price growth on the back of record stimulus, their experience has been ‘mild’ in comparison to overseas. “In Australia, owners have benefitted from significant increases in value. The higher prices make it harder on buyers, but they…
12/08/2021753Views1 minRead time
Australian government stimulating economy with wealthy investors
Australia News & Event
Australia – The government is rolling out the red carpet for wealthy foreign investors to stimulate the economy
There has never been a better time for rich foreign investors to buy residency in Australia after the federal government quietly pushed ultra-wealthy applicants to the front of the line. An internal document released under the Freedom of Information (FOI) Act reveals that in August last year, then-Immigration Minister Alan Tudge directed the Department of…
23/03/2021483Views1 minRead time
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