NSW INC List For the Second Stage of Fast-Tracked Approvals

NSW INC says ‘Have Your Say’ … but is that where it ends? Cough … cough …

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CAAN Photo 21 June 2020

What happened to the thousands of community objections and calls to turn the former IBM site in West Pennant Hills, the Blue Gum High Forest and the Cumberland State Forest into a National Park to benefit everyone, and create more jobs?

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CAAN Photo 21 June 2020

WHO are the series of apartments and ‘micro-lot housing’ being developed for?

Surely not for more CCP party members who can fly in on the Pegasus? Those from Hong Kong or the sub-continent with its 1.3 Billion People?

But … but … but you can’t say that! It just so happens that Harry and his Mates have made it so … as the Top End of Town keep our Wages Down … down … down …

That’s how they like it … with Visa workers too … so hushed and willing to seek Permanent Residency …

Among the infamous quotes from HT are these! Just substitute ‘Chinese’ for ‘Overseas’ …

The problem with Australians is they are very slow. They ask their lawyer, they ask their financial adviser, they ask their family, they ask everybody. The Chinese don’t ask anybody, they come off the plane, buy their unit and go.

“China has more than 1 billion people, and they love Australia. I think they love Australia as much as we love Australia. So there will always be enough of them that will buy.”

THE consequence was that ‘The Supply’ could not meet ‘The Foreign Demand’ … so now within ‘the proposed major changes to Foreign Investment’ … none are to be had for ‘real estate’ … of course!

AND there are millions … even billions of ‘foreign buyers’ for these high-rise boxes, townhouses, duplex … more fridges, washing machines to fly off the floor … and more tolls to be paid …

AS it becomes more difficult for Australians to keep or get jobs POST the Wuhan Pandemic of the CoronaVirus

IT makes a lota sense to the Top End of Town …

Protecting Your Suburban Environment spokeswoman Jan Primrose said the damage this development will cause to the Blue Gum High Forest and the Cumberland State Forest will be “irreversible”.

Demolishing an employment precinct capable of carrying over 2,000 people for the sake of 300 short term jobs with no ongoing employment does not make economic or social sense.”

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CAAN Photo: 21 June 2020

READ MORE!

https://www.dailytelegraph.com.au/newslocal/covid19-fasttrack-development-all-tranche-two-western-sydney-approved-projects-revealed/news-story/3706c8950d87f78f666dd7ebbb905608

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CAAN Photos at 21 June 2020

WILL the Outcome from the CV Pandemic be a Return to a Sustainable Multi-Cultural Migrant Intake from across the Globe?

WILL the Outcome from the CV Pandemic be a Return to a Sustainable Multi-Cultural Migrant Intake from across the Globe?

Because these ABC journalists, Bang Xiao, Christina Zhou and Iris Zhao wrote this report, ‘How the coronavirus pandemic could shift the multicultural make-up of our society’.

WITH Australia having the highest concentration of international students  … did anyone … including foreign students ponder how long this could continue with a majority of overseas students occupying places in Australian Universities?

DUE to the Pandemic it has come to a head perhaps sooner … whereby the PM has had no alternative but to suggest they ‘go home’!

Was there not a similar unpleasant response across the globe? With a World-wide Recession underway? Resembling that of the Great Depression of the 1930s ….

Were these students unaware that in their large numbers they have replaced Australians by paying full enrolment fees? 

That these students have been ‘cash cows‘ to fund our Universities due to Government withdrawal of funding?

Numerous reports have been issued concerning the impact of a large cohort of International Students with:

-disruption to lectures due to some students having poor English language skills

-cheating; lowering of standards

-less places for Australian students

-high Australian youth unemployment and underemployment with increased competition from student/visa workers

Prior to the pandemic unemployment and underemployment was at 19.7%, and for years, the Labor opposition, unions, economists and others have been urging the government to increase ‘Newstart’ which was below the poverty line. With it being rebadged as ‘JobSeeker’ the payment was increased but it is due to return to below the poverty line rate in September!

Many Australians have lost their jobs, and many more may lose the security of their homes due to the Pandemic … so the Government does need to look after its citizens first!

Due to trade, tourism and the Australian property market largely targeting China, Australia no longer appears to be so ‘multicultural’ … this concentration has intensified since 2013 …

Perhaps it would be good to diversify esp. with the threats coming from China, and those with vested interests?

It would seem that Australian Universities need to demand government funding to ensure security of intelligence and R & D esp. since the cyber attacks on data at the ANU!  And the interference from Confuscious Institutes … an example being the UQ and its suspension of Philosophy Student, Drew Pavlou. 

View this report: ‘ UQ management “tip of the iceberg of a totally corrupted system” ‘

and Search CAAN Website for more about Drew Pavlou and the University of Queensland.

ONCE again it is put that in Australia not rendering financial support to international students that this may discourage future enrolments, and a loss of the alleged fourth largest export sector.

HOWEVER, Macro Business questioned the veracity of a $37.6B contribution to our economy supporting 240,000 jobs following a media release by Education Minister Dan Tehan in November 2019 that education exports had grown by $5B in 2018-19. Further, that the ABS found the sector had grown by 15%.

BUT what is not mentioned are tuition fees and expenses while studying in Australia and their goods and services of $20B that they pay for from working in Australia as they study outweigh enrolment fees of $15B in 2018.

View:

International students work here to pay for their living expenses just as Australian students do!

IT has been the lure of ‘Permanent Residency’ that has enticed the majority of these international students. 

Now the Pandemic has been a cruel blow! But not only for International Students but Australians with many unable to gain a place at University …

Prof. Salvatore Babones’ research (August 2018) reveals that Australia has the highest concentration of international students; with the UK and Canada following

Total overseas student enrolments increased to 918,000 including 435,000 enrolled in Universities.

Overseas students accounted for more than 80% of some of Queensland’s most popular university courses

-foreign students filled some 75% of places in key university courses

-occupy 82.4% of places in IT courses at University of the Sunshine Coast; 2 thirds of places at James Cook and University of Southern Queensland

-at UQ in exchange for selling places to Chinese students it gains $250M a year

-overseas students outnumber Australian students in IT, management and commerce courses

CIS Emeritus Professor Steven Schwartz, a former vice-chancellor of Macquarie University in Sydney and Murdoch University in Perth, said foreign students flock to courses likely to lead to jobs and permanent residency, such as IT and management.

“Permanent residency is one of the main motivations to study in Australia,’’ he said.

“If suddenly permanent residency was given to people who study poetry, it’s likely they’d all be doing poetry.”

SO next time you hear of an Australian politician extolling the benefits of an alleged $37.6 B International Student Export Industry update them on what is really happening!

Read more:  ‘The uni courses being taken over by foreign students’

Cash-hungry universities are offering more places to fee-paying foreigners than to local students in 64 courses nationally, data obtained exclusively by The Courier-Mail reveals.

View:

https://www.couriermail.com.au/education/tertiary/the-uni-courses-being-taken-over-by-foreign-students/news-story/3910fd3b7d5525aedf0d9a3b94d41605

FOR years … decades … Australians have been subject to callous treatment by politicians and Liberal Coalition Governments with WorkChoices by Stealth;  the casualisation of the workforce; competition from Visa workers for jobs (introduced by Howard Govt)

Come September those Australians in receipt of JobSeeker (previously known as Newstart) will have this payment cut to return to below the Poverty Line!

PRIOR to the Pandemic Unemployment had reached 19.7 %

Read more!

https://caanhousinginequalitywithaussieslockedout.com/2020/06/04/economists-now-saying-unemployment-could-be-close-to-20/?fbclid=IwAR1UKsWIVwli9UdJoV8YX-r5gP–wjQDTnwmC0674BIEE-jgBUxZDhMCoNw

HOW long before banks foreclose on homes? 

No doubt there is even more hardship to be experienced across Our Society … unbeknowns no doubt to many … with the Morrison Government only announcing in 2019 of its cut to migration to 160,000 as it overlooked the 2.3 Million Temp. Visa holders in the country …

Yet the 2019 Budget estimates reveal high levels of net overseas migration (NOM) to rise to 263,000 in 2022. 

Will the Morrison Government put Australian workers and jobs first and desist with the high temporary migrant visas of some 2.2 , or 2.3 Million p.a.??

Hence even more competition for jobs, housing, and lowering of living standards … for the incumbents …

ASK why demographers like Liz Allen deliver this message that Australia would be:

“economically and culturally poorer” as a result of near-zero international migration due to border lockdowns.

WHEN our Unemployment is at 20% (or more), and with largely people from China  targeted for migrant intake where is the cultural diversity?  Australians are now enjoying a reprieve from traffic gridlock, the crush in schools, buses and trains, and would prefer the lockdown to remain!

LIZ Allen perhaps ought contemplate … Liz ought to get around … and see for herself the demographic change across Sydney in Chatswood, Macquarie Park, Epping, Ryde to name a few and contemplate how this may impact Australians when they are now in a minority?  What of job opportunities for Australians within this demographic change?

To find that all shopping malls, shopping strips, restaurants, cafes, the businesses, and shopping centre seating are taken over by new ‘Permanent Residents’, and some even speak to Australians in an authoritarian manner!  As where we live is rezoned for higher density, ‘new homes’ sold by developers to these overseas buyers … and so on!

During this Pandemic despite the ‘Social Distancing’ signage many of these people disregard the guidelines and walk up behind in groups too close to Australians in their midst!

HOW discriminatory is that?  Some Australians may be annoyed by this …

LET alone the facts of very poor even KRUPT Government policy allowing such overseas Visa holders to buy our Real Estate with ‘hot money’ … as many as six ‘new homes’ on a Guardian Visa … etc, etc … 

The Real Estate Gatekeepers having been made exempt from Anti-money Laundering Laws in October 2018 by the Morrison Government.

WHY does Liz Allen say that ‘Australia desperately needed migrants to stay and contribute to maintaining the economy, and, in time, rebuilding after the pandemic passes’ ?  WHEN Australia already has 20% plus Unemployment? 

WHOSE interests does Liz Allen represent?

FOLLOWING the devastation of the Pandemic what country if any, is likely to offer better options?

Liz Allen continued to beat up Australians with her emphasis on ‘White Australia policy sentiments’ which bears no resemblance to the multi-cultural society that we have had until the past seven years

IN regard to the matters we have referred to it would appear that in fact contrary to Ms Allen that Australians have borne the brunt of very poooor government policies.

That since the advent (some would say the onset) of the Liberal Coalition, living standards, quality of life, lowest wages growth for 60 years, and insecure work, unaffordable housing etc, etc … that let’s hope the Australian Government does focus on keeping Australians in work and business now and beyond the CoronaVirus!

Read more from this article: ‘How the coronavirus pandemic could shift the multicultural make-up of our society’.

https://www.abc.net.au/news/2020-04-11/coronavirus-migrant-workers-international-students-australia/12130784

A brightly coloured dragon puppet on sticks weaves above the heads of a crwod.
Photo: (ABC News: Tegan Osborne)

Economists now saying UNEMPLOYMENT could be close to 20%

Last night, 4 June 2020 on ‘The Business’:

While unemployment is bad, underemployment is getting worse

Finally the unemployment figure of 5.2% has been canned with Economists saying that the real jobless number could be close to 20%, pointing to an economy slammed into reverse.

HOWEVER … in October 2019 prior to the Pandemic … the forgotten Australians and the hidden data that could double our jobless rate: Unemployment topped 19.7%

KEY POINTS …

709,000 people officially unemployed in Australia is a myth; the true number of unemployed is more like 2.9 million people

-due to the “marginally attached” which comprises around 1.055 million Australians

people who would like to work, are available to workbut aren’t looking; because they think there are no jobs for them

– if you count the marginally attached; the unemployment rate would be a touch under 12 per cent

include the “underemployed” – people working some hours, but who would like to work more – the unemployment rate tops 19.7 per cent

VIEW from ‘The Business’ 4 June 2020:  ‘While Unemployment is Bad Underemployment is Getting Worse’

https://www.abc.net.au/news/programs/the-business/2020-06-04/while-unemployment-is-bad,-underemployment-is/12323126?nw=0

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CAAN Photo people lined up around the corner for JobSeeker payments early May 2020 in Chatswood

Part 4 … More about enabling the Mega Rich Foreign Buying Spree in the North Shore!

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CAAN Photo second major residential apartment development on Lindfield Avenue opp. the railway line; next to the emerging Mayrin Group ‘Refined’

Our wander in Lindfield continued on both the western and eastern sides of the railway line.

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CAAN Photo: ‘Refined’ now under construction is now towering over this quality apartment development built in keeping with the local character. The residents have no choice but to put up with the noise and air pollution, and loss of amenity obviously!

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.

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CAAN Photo: ‘Refined’ by Mayrin Group fronts onto Lindfield Avenue, Lindfield

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. … ‘

AND …

‘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:

“Impressed?

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) …

https://www.afr.com/property/residential/sydney-developer-mayrin-pays-35m-for-townhouse-site-20170918-gyjoj3

AS neighbours unite and sell out in mega sites they rob their neighbours of the amenity that they have paid for …

AND as this sector bribes more and more home owners and communities to sell out … it is enabling the expansion of the CCP out from Chatswood!

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CAAN Photo … who is moving in?
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CAAN Photo; Savills Lindfield

View this report on Chatswood from David Lee, a Geopolitical Strategist; Chatswood is being built by the CCP!

https://caanhousinginequalitywithaussieslockedout.com/2019/09/01/a-geopolitical-strategist-on-the-mk-hong-kong-the-u-s-and-australia/

SHARE!   Tell others … and notify your local MPs by email … ask them what they propose to do about stopping the ‘Silent Invasion’ …

LIKE CAAN ON FACEBOOK!

https://www.facebook.com/Community-Action-Alliance-for-NSW-744190798994541/?ref=aymt_homepage_panel

CAAN WEBSITE:

https://caanhousinginequalitywithaussieslockedout.wordpress.com/

Part 3 … How have the Mega Rich Foreign Buyers Changed the North Shore?

COME join us for a wander around Lindfield in the NSW Seat of Davidson.

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CAAN Photo: Jonathan O’Dea DAVIDSON MP; Building for Tomorrow
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CAAN Photo: Redevelopment underway in Milray Street behind O’Dea’s office

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CAAN Photo; One of the few remaining homes in Milray Street, Lindfield at the opposite end of the street.

SHARE!

ONE may well ask what has brought about the big changes in Lindfield and neighbouring Roseville and Killara? 

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CAAN Photo: Milray Street, Lindfield runs parallel to Lindfield Avenue which runs alongside the railway line. Only half a dozen homes remain at this end of the street now built out with apartments. In the background the apartment developments in Lindfield Avenue.

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 apartmentsit 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?

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CAAN Photo: Lindfield Village Green to open in 2021 with an underground carpark

Fences have been built to protect the street trees while construction is underway …

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CAAN Photo: Fences built around the street trees to protect them while neighbouring 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 Zhang and 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

https://www.allhomes.com.au/agency/first-national-real-estate-lan-dom-515549/

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:

https://caanhousinginequalitywithaussieslockedout.com/2020/05/17/foreign-buyers-from-hong-kong-taiwan-are-buying-prestige-aussie-property-online/?fbclid=IwAR22nHMTQoUKNkE8Jxrj5QGqcpsvHIe-gK6btI0kT2I0-hU0oKhwoPOPNOI

https://caanhousinginequalitywithaussieslockedout.com/2020/05/23/part-2-on-mega-rich-foreign-buyers-scooping-up-north-shore-mansions-online/?fbclid=IwAR3IdozDVm_lyRTzVIDgdk-wp17XwDsPSuhz4EyUce7egNPophcIS05fbrU

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CAAN Photo: the changing face of the shopping strip on the eastern side of Lindfield Station.
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CAAN Photo: A large Residential Apartment development “Refined” by the Chinese-backed Sydney developer Mayrin Group. This project to provide 1, 2, 3, 4 and 5 bedroom apartments! Sales promoted through WeChat

CAAN will continue with its walk around Lindfield in Part 4 …

SHARE!!

PART 2 on Mega Rich Foreign Buyers Scooping Up North Shore Mansions Online!

PART 2

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CAAN Photo: The Killara Mansion sold weeks ago

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?

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CAAN Photo of the tennis court on expansive grounds of yet another Lindfield property that went on the market last weekend! Will it go the same way?

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CAAN Photo: This local Lindfield resident has raised the Australian Flag … is that in recognition and concern for what is going on?
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CAAN Photo: Beautiful Lindfield with its tree-lined streets, hillsides and sweeping views … how long before its ownership belongs to the CCP as they expand out from Chatswood?
READ MORE! https://caanhousinginequalitywithaussieslockedout.com/2019/09/01/a-geopolitical-strategist-on-the-mk-hong-kong-the-u-s-and-australia/

VIEW PART 1: ‘Foreign Buyers from Hong Kong Taiwan are buying Prestige Aussie Property Online!’

https://caanhousinginequalitywithaussieslockedout.com/2020/05/17/foreign-buyers-from-hong-kong-taiwan-are-buying-prestige-aussie-property-online/?fbclid=IwAR0SVx3XAGAb-EENFWvB7eq8D7a0XhmAyGMWXGTgqjELAWQXUZh18l-KpCI

Foreign Buyers from Hong Kong … Taiwan are buying Prestige Aussie Property online

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CAAN Photo

AS JUWAI revealed in recent reports foreign buyers have resumed scooping up Aussie homes

This time a beautiful Federation mansion in Lindfield for $6M; the second home sold through a video link to a buyer in Hong Kong.

This Lindfield property had only been on the market a fortnight!

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CAAN photo: The magnificent Lindfield property. Will its heritage continue to be respected?

These buyers not only gain Australian Title Deeds with the benefits of permanent residency and access to Australia’s public health system

But currently there is a beneficial exchange rate as our dollar has lost its value!

IT has even been lower than this … and that would explain why when the FIRB Annual Report was issued a week ago:

mainland Chinese property buyers investment in 2018-19 dropped to $6.1B

-down more than 50% from 2017-18; lowest since 2012-13

HOWEVER …

Hong Kong Chinese investment of $2.8B in 2017-18 to $9.3B in 2018-19*

Singapore buy-up increased from $7.8B to $9.8B

Japanese investment increased from $2.2B to $3.8B

Related Article:

https://caanhousinginequalitywithaussieslockedout.com/2020/05/13/no-let-up-update-on-foreign-buyer-invasion-of-the-australian-housing-market/?fbclid=IwAR3Jy1w0RcA3fUieKosfwydklmvQVvClhTCo3MjuztCbhXg4gRz6ED97qLs

AS this was an established home the buyer in such case must have already gained ‘Permanent Residency’ through buying a ‘new home’ or even a level of a residential apartment development earlier.

HOW many of these foreign buyer housing transactions involve ‘Money Laundering’ …. ‘Black Money’ aka ‘Hot Money’ … ?

HOW likely is it that there is a high percentage purchased through this means when the Morrison Government exempted the Real Estate Gatekeepers from Anti-Money Laundering Laws in October 2018 … if this wasn’t so why would the Government have made this exemption?

WITH a whole Cohort of Australians locked out of home ownership including Professionals why hasn’t the Morrison Government withdrawn this exemption? Or is there some benefit in this exemption for the Liberal Party? Its politicians?

IT might be a good idea for the people of Lindfield to ask their MP about these matters?

Send your MPs an email:

https://www.paulfletcher.com.au/contact-paul-fletcher-mp

Jonathan Richard O’DEA


speaker@parliament.nsw.gov.au

Read more!  Then SHARE!!

‘China-based buyer snaps up north shore estate site unseen amid rise in overseas purchasing activity’

https://www.realestate.com.au/news/chinabased-buyer-snaps-up-north-shore-estate-site-unseen-amid-rise-in-overseas-purchasing-activity/?rsf=syn:news:nca:dt:article

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CAAN Photo: Northcote Road Lindfield; in 2016 Ray White expanded its agency services to China, signing an agreement to list new and old properties for sale with China’s largest real estate agency, Lianjia, also known as Homelink. That would explain why Ray White does not have WeChat symbols on their sale or auction signs. Read more:
 
https://www.whiteandpartners.com.au/news/ray-white-launches-in-china/





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JUWAI: CHINA IS BACK IN BUSINESS AHEAD OF THE WORLD … AND CHINESE PROPERTY BUYERS ARE BACK IN AUSTRALIA

CHINA IS BACK IN BUSINESS AHEAD OF THE WORLD … AND CHINESE PROPERTY BUYERS ARE BACK IN AUSTRALIA … further confirmation from this report on ‘A Current Affair’

CAAN has been sharing the truth with you through Expert Reports since November 2014 …

NOW it appears it has taken the frightening consequences of the WUHAN PANDEMIC … to bring home the message to our politicians and even some of those who have prospered so much from Chinese buyers in the Australian Property Market …

WHAT will it take for the Morrison Government to implement and enforce the second tranche of the Anti-Money Laundering Laws for the Real Estate Gatekeepers?

-having exempted these gatekeepers in October 2018

WHEN the ‘flying pegasus’ presents a major security and financial risk to Australian Society … ?

ASK why has it taken so long for NINE … a major media network to tell it as it is?

CAAN will go even further than the closing comment of Robert Klaric, Real Estate Industry Advisor especially concerning Chinese property buyers …

‘They have a lifestyle, they have freedom, and they can protect their wealth from the CCP,  from the Chinese Communist Party.’

Because the CCP controls all its citizens … it has been so easy for the Party not having to conduct military warfare but simply for Party members to arrive on a Flying Pegasus … in a Silent Invasion … and buy Australia’s National Estate … who can we thank for this? 

Who has had the greatest hand in this? 

Also view these related articles:

‘Juwai predicts Chinese Investors remain keen to buy Australian property: Are they seeking cheaper prices?’

https://caanhousinginequalitywithaussieslockedout.com/2020/05/07/juwai-predicts-chinese-investors-remain-keen-to-buy-australian-property-are-they-seeking-cheaper-prices/

How benevolent of Chinese Buyers to scoop up Australian Housing: This is aside from Ambassador Cheng Jingyes threat?

https://caanhousinginequalitywithaussieslockedout.com/2020/05/11/how-benevolent-of-chinese-buyers-to-scoop-up-australian-housing-this-is-aside-from-ambassador-cheng-jingyes-threat/?fbclid=IwAR1aUQT9naUzGr_bc3dVQ4OfP61u_J92r9UhXRLCsi75cALmNpaAag4OCpI

TRANSCRIPT:  FOREIGN BUYERS:  ‘THEY’RE BACK’: A CURRENT AFFAIR

As our borders closed, local house-hunters thought the competition would ease. And It did for a while. But foreign buyers with deep pockets are back. #9ACA

Brady Halls, Reporter:  Estate Agent James Crowe is finally back doing what he does best. (Morton Real Estate)

And Nicki and Jay have been chomping at the bit to get back into the race.  The couple have been house hunting for a year now, and the Covid shutdown made their search even slower.

Nicki:  It did a lot, a lot of the properties actually dropped off the market we saw;  so things that we had been watching to see the prices fall were no longer on line. 

Halls:  But now another obstacle has popped up.

(Chinese buyers occupying auctions)

Nicki:  We don’t need any more competition than there is already.  We want to find something as soon as possible before the rest of the World!

Halls: And that competition is coming from where Covid began!

Lulu:  We are actually busy.

Michael Pallier:   Yeah, we just sold this house to a Chinese buyer, and they specifically bought it to use when they are not in China. *

Georg Chmiel, Executive Chairman at Juwai-IQI:  China is back in business much earlier than the rest of the World.

Pallier: (As he looked over a balcony he indicated to Brady Halls) 

New Chinese owners there, Chinese owners here, and the whole of this area is, you know, Chinese population.

Robert Klaric:  What we will see is that the wealthy mainland Chinese will look towards Australia now to secure their wealth and secure their health*

CAAN:  As shared previously with you … when foreign buyers buy our residential property they can gain a ‘Permanent Resident Visa’ with MEDICARE benefits thrown in!

And through Visa Manipulation, and able assistance from Migration Agents they can access a vast range of Visas including:  student, investor stream, Family, Parent, Grandparent, and Guardian … the whole Family Clan may come to  Australia!

Halls:  Chinese money is starting to flow back into Australian property.

These new apartments in Sydney and Melbourne have reportedly seen unprecedented sales and enquiries from wealthy Chinese taking advantage of our Covid-19 affected real estate market.

Chmiel:  Chinese enquiries were only down 14% in the first quarter versus 40% for local buyers so much, much less than the local buyers.

Halls: Georg Chmiel is from Juwai, a Chinese property portel.  So the demand from China has not fallen?

Chmiel:  Definitely for a number of reasons on the one side Australia managed the Covid crisis really well;  Australia is very attractive for students, investors and retirees, and also the market, the Australian property market is very resilient.

Halls:  Michael Pallier and wife Lulu from Sotherby’s Realty in Sydney’s east vouch for that.

Michael Pallier:  We have had quite a bit of interest from people from Asia.

Halls:  This apartment is generating much foreign interest.  And he sold another one below to a Chinese buyer only last month.

Pallier:  They can’t get enough of it – clean air, clean food, great education, safe environment … it’s, it’s paradise for them.

Halls:  What’s the appeal here in terms of Aussie property?

Chmiel:  Chinese buyers like Australian real estate especially over UK and US real estate given the Covid Crisis has hit the UK and US much, much stronger.

Klaric:  A lot of the mainland Chinese are seeing this as an opportunity to exploit a great deal because that’s what they are going to see in a property market for the next six months.

Halls:  Robert Cleric is a real estate industry adviser, and he has had his share of dealings with Chinese buyers now keen to buy up our properties during this Covid crisis which he says has seen prices drop by ..

Klaric:  Probably seen 10% during this period

Halls:  And then there’s been the fall in the Aussie dollar making our property far more attractive to overseas buyers.

Chmiel: That’s absolutely true.  It’s the Australian dollar is down 10% against some of the currency so that’s a nice buffer which people can include in their budgets.

Halls:  Lulu is fielding many Chinese inquiries ..

Lulu:  Yes, there’s always demand.

Halls:   On this house with its lovely harbour views –

Lulu:  And the Chinese people will always like Australia.

Halls:  And across town James at Morton Real Estate is much the same.

Crowe:  We have got lots of those clients who are certainly still in the market, and still keen to buy.

Halls:  This three-bedroom terrace he is marketing just walking distance to the city has caught the eyes of both domestic and international buyers prompting frustration from this local onlooker.

Australian Buyer: The Australian property is treated as an investment not as somewhere you live;  so unfortunately that has affected the market extensively.

Halls:  Robert Cleric believes it’s time Australia didn’t sell its property but long term leased it like Asian countries do.

Until then he says Australia offers Chinese buyers a wonderful security blanket.

Klaric: They have a lifestyle, they have freedom, and they can protect their wealth from the CCP, from the Chinese Communist Party.

SEARCH FOR ‘FOREIGN BUYERS THEY’RE BACK’ ON ‘A CURRENT AFFAIR’ 12 MAY 2020

(NINE A CURRENT AFFAIR LINK BLOCKED!)

VIEW A SHORT REPORT FROM BRADY HALLS:

https://9now.nine.com.au/a-current-affair/aussie-real-estate-reportedly-attracting-chinese-buyers-following-covid19-pandemic/498e9c93-f726-427e-bb6a-b832bac517dd

New apartments in the major capital cities have reportedly seen unprecedented sales and enquiries from wealthy Chinese taking advantage of our COVID-19 affected real estate market. (A Current Affair)

IS the Real Problem Our Belief System? Meanwhile …

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CAAN Photo: Chinese Sydney Property Weekly; December 2019; a number of like publications issued weekly

THE real problem is our belief system … because …

LAST NIGHT ON 7.30 PwC Chief Economist, Jeremy Thorpe  … at about 4.30 minutes into the report … talked about:


-creating a growth economy not fortress Australia
-that the growth economy largely based on immigration will put us back on track quicker, and will generate billions more

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CAAN Photo: Macquarie Park now consists of many RESIDENTIAL High-Rise PRECINCTS that have replaced the Business and IT Park! Developed a mere 30 years ago; gone jobs for local Australians


ISN’t it a shame these so-called policy influencers seem to still …


-believe in the ‘trickle down’ economy
-believe in the forever growth economy

These rusted on capitalists seem to have failed to understand it is:

-not always about them and their precious never-ending desires for more

the Earth’s resources are finite despite their best efforts to deny this reality

IT was quite clear the battle-lines are already being drawn to counter some of the prevailing views following the failures of our current structures to deal with a major health, social and economic problem caused by an imported virus

These opportunists see it as their duty to warn against Australia turningto pivot in a direction:


away from being completely open to the whims of foreign markets, companies and foreign governments

-that differentiates us, that we can chart a course that is about doing things for ourselves

-and not being so reliant on overseas supply chains for just about everything!

They infer dangers lie ahead if we do, even using the label ‘fortress Australia’ links any such thoughts -with a negative sentiment

suggestive of xenophobia

-less valuable…and so on

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CAAN Photo: the foreign buy-up of Australia’s domestic housing has led to massive demographic changes across many Sydney and Melbourne suburbs. The overseas buyers not only can gain a Permanent Resident Visa, Medicare benefits, BUT access to numerous other Visas including Student, Family, Parent, Grandparent, Guardian …


BUT what about those who think otherwise?

THE 7.30 report didn’t cover a point of view that explained what would happen if Australia did more for itself, that there may be merits derived from having a more modest immigration intake, where was the balance?

WHAT about…


-earlier reports about a wealthier smaller Australia

a clever Australia investing in itself, that it’s not just about

.digging holes in the ground
.educating foreign students
.selling our domestic housing to foreigners
.selling anything and everything we once owned to foreigners; the money that flows in
.not being clean and our government not showing any interest in knowing about it
.that our real estate continues to be an international hotspot for money launderers and still it seems THAT is being tolerated … (Real Estate Gatekeepers exemption from Anti-Money Laundering Laws October 2018)


THAT IT CAN BE ABOUT DOING … MAKING … CREATING HERE IN A SUSTAINABLE WAY!

View 7.30: ‘How life might look after lockdown’ … where the discussion begins with Jeremy Thorpe, PWC Chief Economist at about 4.30 minutes in

https://www.abc.net.au/7.30/how-life-might-look-after-lockdown/12236192

LIKE CAAN ON FACEBOOK!

https://www.facebook.com/Community-Action-Alliance-for-NSW-744190798994541/?ref=aymt_homepage_panel

SEARCH CAAN WEBSITE FOR LINKS TO EXPERT REPORTS ON THE FACTS!

https://caanhousinginequalitywithaussieslockedout.wordpress.com/

Jeremy Thorpe on Twitter:
Jeremy Thorpe@jeremythorpe
·Appearing on @abc730 tonight discussing new @PwC_AU research – Australia Rebooted – and discussing what #recovery from #COVID19 might look like for the Australian economy

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HOW Benevolent of Chinese Buyers to Scoop Up Australian Housing … this is aside from Ambassador Cheng Jingye’s threat …

LOOK at this … they talk of this as:


-as a real thing, that it is ok

-as if foreign ownership of Australia’s domestic housing is as legitimate as anything else

-as if it has no impact on the supply of affordable housing for Australians

-as if our domestic housing is merely another commodity

RELATED ARTICLE … also having James Laurenceson’s involvement … hm …

JUWAI predicts Chinese Investors remain keen to buy Australian Property … are they seeking cheaper prices?

https://caanhousinginequalitywithaussieslockedout.com/2020/05/07/juwai-predicts-chinese-investors-remain-keen-to-buy-australian-property-are-they-seeking-cheaper-prices/

And then again what do we expect …

Not much it seems …

After all what country would

-sell off control of its ports to foreign companies closely associated with or owned by foreign governments

-sell off much of its dairy production processing to foreign companies with similar foreign government connections

-sell off major pastoral assets to foreign entities including government-owned … state-owned enterprises

-sell off water entitlements to foreign companies again many of them with strong links to foreign governments

-sell off housing development sites in the inner city and outer suburbs of our major cities

-SELL OFF … the list goes on!

WAKE UP AUSTRALIA and call a stop to this erosion of our Sovereignty

READ MORE!  ‘How Chinese Investors SAVE Australia’s Housing Market Despite Ambassador Cheng Jingye’s threat’

https://www.dailymail.co.uk/news/article-8272323/How-Chinese-investors-save-Australias-housing-market-despite-ambassador-Cheng-Jingyes-threat.html

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