Foreign investment has been on the rise annually despite of the rule changes regarding foreign investment ownership in the country. Foreign investors are undaunted by these changes, as data shows a steady increase of investments, notably from Chinese investors. Chinese shares have tripled between 2007 and 2012, the biggest investment increase in foreign investment at 46.4%. Clearly China has shown great interest in investing in Australian soil. Few might ask, why Australia?
Since the Insurance Regulatory Commission in China lifted restrictions in foreign investments, they have set their sights on developed countries such as Australia with the intent of extending their investments offshore. The Chinese have shown great interest in investing in Australia, not only in the business sector as the residential property boom has also attracted investors.
Read more about this on the Australian Broker Online website.
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