was the founder of the Melbourne-based Australia-China Belt and Road Initiative company was awarded two taxpayer-funded contracts in 2017-18 and 2019-20 totalling $36,850 to advise on China’s global commercial play.
Ms Dong was present at the signing of the Australia-China free-trade agreement in 2015 and recruited former federal Liberal trade minister Andrew Robb and former Labor finance minister Lindsay Tanner to the company’s advisory board.
NOW where should the torch light be shone?
IT would appear that DFAT was sending mixed messages when also to the contrary it raised concerns about China’s influencein the Pacific since 2017.
YET the Australian Government has allowed the Foreign Investment Review Board (FIRB) to operate and allow all but five ‘foreign acquisition’ applications …
Including ‘John Holland’ … ffs …
AND Australia’s residential property sector is awash with ‘black money’ …. As CCP operatives buy up our real estate … including the City of Chatswood … and this is being repeated along the rail lines and highways out to Epping … Ryde … Carlingford … up the line to Roseville, Lindfield and Killara, the Northern Beaches Peninsula … and the Wollondilly …
IN response to the Pandemic Lockdown the leading Australian (PCA) and NSW (UT) developer lobby organisations push for ‘more’ high immigration (and visa manipulation) to ensure their profit margins with the FIRB ruling allowing this sector to sell 100% of new homes to foreign buyers!
DESPITE this and more … Mr Dutton said:
“We have got to ask why this is happening and why is this influence taking place in our country and elsewhere,”
PRIOR to the Pandemic CCP members were flying into Australia numbering 50,000 a week!
-Numerous residential apartment towers are built by Chinese developers
-Chinese state-owned companies now own much of Australia’s power, mines, transport, dairy, beef cattle stations, vineyards, large agricultural properties, commercial property, Health care, Ports including Darwin
Chatswood is being built by CCP money …
DOES it seem that China is all too omnipresent?
Read more: ‘Belt and Road Advisory Board was stacked with People linked to CCP’
Our wander in Lindfield continued on both the western and eastern sides of the railway line.
IN Lindfield Avenue on the East side … where there have been recent $6M home sales to mega rich buyers from Hong Kong, Taiwan … more major residential apartment developments are underway including ‘Refined’ by the Mayrin Group.
This developer has appointed Northpoint as the builder of this project.
WHEN one searches to find out more about the Mayrin Group the following information appears on their website:
‘Propelled by our vision, Mayrin Group reshapes and revitalises communities. … ‘
‘An inspirational and leading property development company working in Australia and internationally, Mayrin Group creates harmonious spaces for living, working and relaxing that are planned in an integrated manner to create vibrant and sustainable communities.’
BUT no link providing company information? No information about the Board, the company management …
HOWEVER, there is an invitation … it reads:
You can contact us or browse our projects”
With a phone no. and/or email address provided …
SO we looked further, and found this article from the Australian Financial Review, ‘Sydney developer Mayrin pays $35M for townhouse site’ where in fact we found more of what we were looking for!
Reporter, Larry Schlesinger describes Mayrin Group as a Chinese-backed Sydney developer. In this report we learn about a group of Roseville home owners uniting to sell out to an overseas developer to make a motza!
William Wu, director said the development would deliver 40 townhouses close to the (CCP) Chatswood!
In 2017 Mayrin had three high-rise developments underway in Parramatta, Rouse Hill and Sydney Olympic Park (1000 apartments); the company is owned by Jing Wang.
The nine home sites in Roseville were sold through ‘SAVILLS Australia’ … Savills has an agency in Lindfield.
THUS the ‘Silent Invasion’ is well underway …
Read more … note also reference to JQZ closing a deal in St Leonards (the developer of Prime in Macquarie Park) …
COME join us for a wander around Lindfield in the NSW Seat of Davidson.
CAAN Photo: Redevelopment underway in Milray Street behind O’Dea’s office
ONE may well ask what has brought about the big changes in Lindfield and neighbouring Roseville and Killara?
WHEN Jonathan O’Dea has been the NSW Liberal MP for Davidson since 2007, and he again retained the seat in 2011 with the O’Farrell Government, and to date!
‘Building for Tomorrow … And ‘Delivering for Today’ is the current NSW Liberal Party Motto
DESPITE the protests from this Electorate concerning the demolition of beautiful Federation Homes and gardens for residential apartments … it continues … as O’Dea resides in Lindfield with his family.
With a look at O’Dea’s Home Page it notes his Masters Degrees, and Bachelor Degrees along with two Diplomas in Legal Practice and ‘Mastering the Boardroom’ … no doubt this skills base has been very useful in Davidson for this MP …
BECAUSE all it seems the established residents can look forward to is a new underground carpark. Was this to placate them because their streets were being parked out? With the apartment developments housing X times the number of people as they replace detached homes on large grounds?
Fences have been built to protect the street trees while construction is underway …
We continued with our wander in Lindfield and noticed among the real estate agencies there were Belle, Savills and First National. The sign read for ‘First National Real Estate Lan – Dom’ … quite unusual don’t you think?
With a google search it revealed that Lan Zhangand her husband started their own agency in 2015. Behind them were 26 years sales experience for Dominic Smith and Lan’s 20 years in trading throughout China and Europe. And her extensive reach to mainland China, her language skills, and full understanding of Chinese culture …
Perhaps this along with some other Real Estate Agencies access to WeChat, Ray White’s Chinese ‘Home Link’ … could explain why there has been such a demographic change and population growth for the North Shore particularly in Lindfield?
AS the CCP expand out from their city of Chatswood!
In case you missed Parts 1 and 2 of this CAAN Report view them here:
THEowners have voted to sue neighbouring property developer Aland over cracks
THE NEWS WE’VE BEEN WAITING FOR SINCE IT WAS DISCOVERED THAT MASCOT TOWERS WERE ON UNSTABLE GROUND WITH LOSS OF SOIL!
LAST Week the Mascot Towers Owners Corporation voted to take legal action against ALAND, the developer of Peak Towers
A statement has been issued which reveals:
-the owners corporation has claimed following excavation work cracks appeared at Mascot Towers
-those constructing Peak Towers removed soil that supported the Mascot Towers
-that Aland’s shoring system was under-designed; piles incorrectly built;with inadequate waterproofing
-October 2019 tests found a loss of soil under the Mascot Towers near the boundary of Peak Towers
-earlier Aland refused to provide the engineers for Mascot Towers with access to inspect the Peak Towers basement
WILL NSW INC heed a message from this? With much of Sydney built on weathered sandstone ridges … and overdevelopment especially in and around Mascot … Ryde … Macquarie Park … MEADOWBANK … Sydney Olympic Park … the Upper North Shore that the Mascot Towers, the Opal Tower maybe but an indicator of more to come!
‘Mascot Tower owners vote to sue neighbouring property developer Aland over cracks’
SO why is this Property Sector not addressing the needs of Australians? HOW come this Sector is exempt from the second tranche of the Anti-money laundering laws? WHY did the Morrison Government exempt this sector in October 2018?
THIS Killara property sold prior to the beautiful Lindfield home to a Taiwan buyer for $6.3M … it comes as no surprise, does it, with much overseas interest targeted through WeChat and Ray White’s Chinese Home Link connection?
IT would seem that the CCP expansion from Chatswood is well underway … with these North Shore home sellers keen to maintain their local ‘home values’ …
While across Sydney house prices continue to fall …
HAVE the wealthy Upper North Shore community contemplated that as they maintain the Shore’s ‘home values’ by selling to this overseas market … and move onto Byron Bay … that with more foreign buyers particularly from China, Hong Kong, and Taiwan that these exclusive locations are being acquired?
THAT as the new ‘Permanent Residents’ move in they are also buying and setting up business …
WHAT opportunities will there be in turn for the established North Shore Families to live and work in the ‘North Shore’ as more and more of these new overseas buyers move in? As their Familes are priced out by overseas UHNW and HNW?
VIEW PART 1: ‘Foreign Buyers from Hong Kong Taiwan are buying Prestige Aussie Property Online!’
Communique that CHINA’s next steps will be to focus on more Australian exports including dairy, seafood, oatmeal and fruit to face stricter quality checks or tariffs however this may backfire because China owns many of these companies …
*Nor is there an Australian public register of China’s acquisitions
BUT…Prof. Peter Drysdale from the ANU has put together investment data from the FIRB together with company reports and media stories which can be found on the ANU’s ‘Chinese investment in Australia’ database of the Mainland direct commercial acquisitions in Australia
-another project of KPMG and Sydney university concerns the range ofChinese outbound direct acquisitions in Australia including from four of Australia’s largest abbatoirs
Including Queensland’s Kilcoy Pastoral Company controlled by China’s ‘New Hope Group’
Mengniu … part-owned by the Chinese Government now owns much of Australia’s dairy including:
-Dairy Farmers, Masters and Pura milk; Big M, Dairy Farmers and Pura Classic flavoured milk; Dare and Farmers Union iced coffee; Vitasoy soy milk and coconut milk; and juice brands Daily Juice, The Juice Brothers and Berri; and Yoplait yoghurt.
-Tasmania’s VDL owned by Chinese company Moon Lake
CHINA is the largest export market not only of liquid milk, powder, butter but ‘live dairy cows’ … which tells us that AUSTRALIA may well lose its market altogether …
Exports of $1.25B to China of the total $2.89B global wine exports
–China is acquiring Australian vineyards
-no public listing of Chinese ownership of Australia’s wineries*
-Yantai Changyu Pioneer Wine Co owns 80% of Kilikanoon Estate of Adelaide
-by 2018 Chinese owned 10% of the Barossa Valley winemaking region incl. Chateau Yaldara, and 1847 Wines
-Max’s Vineyard was sold in 2018 to a Chinese-backed investor for more than $3 million
-and Cimicky Wines for $6.6 million
-Weilong Wine Grape Company invested $120M to build a winery in Mildura
-93,000 hectare Cubbie Station and its access to water from the Murray Darling!
-China sources two thirds of its iron ore for steel from Australia
-years ago China invested in Fortescue Metals
.but has since sold down its $US771M stake
–Yancoal Australia controlled by State-owned Yankuang Group; one of Australia’s biggest thermal coal exporters; with China a key market
WITH so much of what was formerly ‘Australian Owned … Australian Made’ now owned by CHINA … therefore the CCP … it would seem that when some among us say ‘it doesn’t matter who owns it …’
WHEN China now OWNS so much of what was Australian … that you should in turn ask them Why?
For them to make such an ignorant statement … it would seem that they have a vested interest in the sell-out of Australia …
AND if the FOREIGN INVESTMENT REVIEW BOARD (the FIRB) had not so secretly been selling this Nation out … with only a mere five ‘foreign buy-up applications’ rejected …
AUSTRALIA would be in a far more secure position than it is now! This bully would not have so much negative impact …
*Professor Allan Fels, a former chairman of the ACCCdescribed the FIRB as a black box and said the scrutiny was long overdue.
-that the FIRB was not a regulatory body; it was not independent, politically *
FOREIGN PURCHASES OF AUSTRALIA’S DEVELOPED COMMERCIAL PROPERTY NOW NEED FIRB APPROVAL … WHATEVER THAT MEANS …
-dating from 29 March 2020 for FIRB approval for investments by foreigners have been reduced to $0 for agreements entered into after this effective time
-previously a range of private purchases in Australian media, residential land sites, mining and production tenements, and vacant commercial land proposals were subject to $0 threshold rules and required FIRB approval
-temporarily FIRB approval now required for purchase of commercial property or businesses valued at less than $275M
AND MORE …
AND NOTE …
-residential property applications are usually processed within 30 days; no expectation by the FIRB that the processing times are to be delayed
LOOKS like more of the same … the sell-off of Australia’s National Estate ….
TO DATE only five foreign investment applications have been rejected …