News Snapshot:
This post was originally published on this site Chinese investment in Australia plunged by more than 60 per cent in 2020, according to new data. Australian National University found just over $1 billion of investment in 2020, down from $2.6 billion the previous year. Almost all – 86 per cent – of that investment came from Chinese firms established within Australia, and did not come directly from foreign firms. Property investment firm Ironfish, which has offices across Australia and China , has seen real estate purchases from mainland China dip dramatically in recent years. Managing director of Ironfish Glen Waverley...
