What will a new ‘Vibrant’ Urban Community mean for Macarthur?

May be an image of text that says 'M MACARTHUR HEIGHTS Final land release coming soon'

WHAT WILL A NEW ‘VIBRANT’ URBAN COMMUNITY’ MEAN FOR MACARTHUR?

BEYOND the glossy brochure for ‘Macarthur Heights’

THE FEDS high immigration population PONZI scheme … under the Cover of COVID … providing even more customers for developers.

For Overdevelopment, Traffic Congestion AND Environmental Destruction!

This new development is south-west of Campbelltown, estimated 32 minute drive via the Menangle Road and Old Hume Highway.

What would the locals say about more traffic for these roads?

Expensive with lots priced from $400,000 to $500,000 … how many Gens Y and Z can come up with a deposit … but do our governments care?

It would seem they have covered their bases … through online real estate shopping and the Onshore Proxy because the Feds maintain the loopholes, and black money is awash in our real estate

Related article:

What will the End Stage of the Sydney Metro mean?

https://bit.ly/3x84Mz8

While we are preoccupied with the Pandemic Who is buying in Vaucluse?

Investor Ying Yu has added to her already hefty property portfolio, buying an $8 million house in Vaucluse on the quiet to create a family compound on a prime hillside holding with gun-barrel Harbour Bridge views at a total cost of more than $32 million.

Is Ying an onshore Proxy?  Her registered home remains the Mosman residence.

-in September 2019 she purchased a 9-storey building in North Sydney;  George Patterson House, for $115M.

-October 2019 Mosman trophy home for $20M from Wilson Xue, known as China’s ‘Shoe King’; and an advisor to Australian Council for the Promotion of Peaceful Reunification of China

-2020 a Vaucluse mansion with a tennis court and swimming pool for $17.5M, and the house next door for $7M

Yu’s $32.55M parcel of three houses in Vaucluse and her Mosman property were all purchased without any finance

Yu’s Vaucluse parcel of more than 2200 square metres

READ MORE!

Little-known property investor quietly secures $32m housing parcel in Vaucluse

https://www.domain.com.au/news/ying-yu-sister-in-law-of-wilson-shoe-king-xue-buys-8m-house-as-part-of-32m-vaucluse-consolidation-1073532/

Related Articles: 

View this and the link to Su-Lin Tan’s article:

https://caanhousinginequalitywithaussieslockedout.com/2021/07/21/a-few-words-on-su-lin-tans-chinese-buyers-abandon-australias-housing/

According to Juwai, Monica Tu and Martin North they are still buying! What will slow them down will be the Delta strain.

https://caanhousinginequalitywithaussieslockedout.com/2021/07/08/why-wouldnt-82-of-survey-respondents-blame-buyers-from-china-for-our-high-house-prices/

How will ReOpening Our Borders impact the Property Industry?

HOW WILL REOPENING OUR BORDERS IMPACT THE PROPERTY INDUSTRY?

Ah – Ha …

Meanwhile News Reports as recently as this evening (18 April 2021) on the transmission of Covid-19 at the ‘ADINA’ between two families who have returned from overseas …


Why is it Health Minister Hunt appears anxious to allay fears?

Property Council Chief Executive, Ken Morrison speaks of safely reopening our borders … and then …Ken continues,

“population growth is a critical ingredient to Australia’s economic success.”

SUBSTITUTE with ‘the Property Council’s economic success’.

Ken Morrison then proposes the National Cabinet should take steps to increase Australia’s quarantine capacity … now if resumption of our borders cannot occur until 2022

… AND further proposes ramping up our quarantine arrangements to enable TEN TIMES the current capacity!

WHO is the Morrison Govt working for?

Back before Sc.mmo entered politics he wrote the policy for the deve-loper lobby, The Property Council of Australia

READ MORE: ‘How will Reopening our Borders impact the Property Industry’

In response to the global pandemic, Australia closed its borders to international visitors and migrants in 2020. As a result, the property industry witnessed weaker rental demand caused by the slower population growth.

Recently, the Property Council of Australia has welcomed the National Cabinet’s decision to task the Australian Health Protection Principal Committee (AHPPC) with providing guidance on the future of international border quarantine agreements.

The decision – while still in relatively early stages – is expected to positively impact the property industry. The AHPPC has been requested to provide specific health advice regarding the implications for quarantine arrangements and the reopening of Australia’s borders – following the successful vaccine rollout of Phase 1A and 1B. This marks an important first step towards safely reopening our borders to international visitors and migrants* and in turn, seeing an increase in rental* demand across the nation

Property Council Chief Executive, Ken Morrison speaks of safely reopening; “the safe reopening of international borders is one of the biggest decisions facing Australia and this review is an important step in enabling this to happen. Australia needs greater clarity and consistency not just around our domestic restrictions but also around the implications of the vaccine rollout on our international quarantine arrangement.”

Ken continues, “population growth* is a critical ingredient to Australia’s economic success.* If the resumption of normal border arrangements cannot occur until some time in 2022, the National Cabinet should take concrete steps to increase our quarantine capacity now. Australia can stay safe and accelerate economic recovery by ramping up our quarantine arrangements to enable ten times the current capacity.”

SOURCE: https://www.a-d.com.au/buying-living/market-insights/how-will-reopening-our-borders-impact-the-property-industry?utm_source=ApartmentDevelopments.com.au&utm_campaign=10344cdb23-APD_Newsletter_VIC_Sun_18.04.21&utm_medium=email&utm_term=0_89b860427f-10344cdb23-263112251&fbclid=IwAR0nksQ5PEOEar1WwLWESFO9Q2kYVMrO4t4cgjApJ2mrzIQKYK6Gh70Zdqc

The Sc.mmo Govt silently in late 2020 Ranked Visas for UHNW Foreigners

The Morrison government quietly began prioritising Visas for ultra-wealthy foreign investors late last year

CURRENTLY we are being distracted by ‘The Boy in the Bubble’

AND on Women marching for Justice … we heard:

“Mr Speaker, not far from here, such marches, even now, are being met with bullets, but not here in this country, Mr Speaker.”

ARE we in Toad territory?

ARE you aware that this government favours Ultra High Net Worth foreigners flush with cash over all others?

Apparently the Sc.mmo government quietly began prioritising VISAS for UHNW foreign buyers in late 2020!

• to prioritise investor visas over those of foreign workers in critical sectors during the pandemic

Allegedly to inject these foreign funds into our economy

-increased the cap on investor visas with approval times slashed

-with an influx of foreign property buyers

-then Immigration Minister Alan Tudge directed Home Affairs to prioritise investor visas; those with $5M to invest conferred top status; to fast track to Permanent Residency

-Home Affairs employees instructed to secondarily assess those with $1.5M or more along with Business Innovation and Investment Program Visas (BIIP)

pandemic 408 Visas to maintain personnel e.g. in healthcare are secondary to investment

government doubled annual cap for investor visas from 6,800 to 13,500

MEANWHILE40,000 AUSTRALIANS REMAIN STRANDED OVERSEAS!

Juwai IQI reported in 2019-20 more than 1500 applicants; China and Hong Kong 88.5% of Significant Investor Visas

-despite the talk of innovation and business investment it is the Australian property market that draws foreign attention

REMEMBER … Sc.mmo wrote the policy for the developer lobby, The Property Council of Australia prior to entering politics

-in the rising market these foreign investors are gaining residency; many coming all at once with PR Visas granted in record time!

-without the PR Visa these foreigners have to pay stamp duty; get FIRB approval; for properties of $6 – 8M equates to $500,000 in fees

READ MORE!
https://www.businessinsider.com.au/australia-signficant-investor-visas-wealthy-property-market-2021-3

Sc.mmo Govt Slammed over Plan to Import Workers!

Labor senator Kristina Keneally says the government is putting skilled migrants before local workers. Photo: AAP

‘KRISTINA KENEALLY slams ‘laughable’ government plan to bring in more skilled migrants’

THEN this extraordinary statement from Lib MP, Julian Leeser …

“Skilled migrants make jobs for Australian workers. …

… Even with the unemployment figures coming down, employers have told us there are significant numbers of job vacancies they cannot fill because of the skills shortage.”

PRIOR to the Pandemic UNEMPLOYMENT was at 20% … including the UNDEREMPLOYED …

… those seeking a second, third job to get the hours of work necessary to survive

YET Unemployment is alleged to have dropped now to 5.8% … hm

THIS IS HOW A CAAN COMMENTATOR SUMS UP TEMP VISA MIGRATION …

‘We should only entertain *Permanent Migration* and ditch *temporary migration* completely … it has made us a very lazy nation … and we should bury that wretched, FLAWED!!!!...STUDENT visa scam that leads to permanent residency, which only looks after our dodgy University elites and a whole host of other educational degradation.

It creates a myriad of catastrophes from increasing real estate prices locking our own out of a home, and of course our mobility to get around on the roads!!! …. not being able to move around freely anymore, we are basically suffocating.

… We need deaths (natural deaths) to help the country catch up … and recover.

Once we recover and we are able to get our infrastructure in order so we can move around freely again … we can then revert back to permanent migration.

This temporary migration business is crook. Crook for everything …. that’s how I see it. Some would disagree.

I say, technology aside and its influence, wages, housing affordability, ease of travel, utility costs and general cost of living …..

… LOOK at years gone by and compare our living standards to now.

The population schemers have dealt us a big blow!’

READ MORE!

Links for the FinCEN Files

These reports reveal why we should care about money laundering apart from the fact that our real estate market has been awash with ‘Black Money’ from money launderers lured by the reward of Permanent Residency … and the consequences of a whole Cohort of Australians locked out of home ownership in Australia!

FinCEN files reveal suspicious transactions were waved through despite red flags

By the International Consortium of Investigative Journalists

Posted and updated 21 September 2020

Key points:

  • Banks moved more than $2.7 trillion in payments they believed were suspicious over 18 years
  • Some of the biggest banks in the leaked files continued to wave through suspect payments despite promises to government authorities to improve money laundering controls
  • Donald Trump’s former campaign manager Paul Manafort features in the documents

READ MORE!  https://www.abc.net.au/news/2020-09-21/fincen-files-reveal-suspicious-transactions-approved-red-flags/12685678

FinCEN Files: All you need to know about the documents leak

Posted 22 September 2020

Documents have been leaked that divulge some $2 Trillion of transactions through the biggest banks have enabled criminals to move ‘black money’ around the Globe!

The FinCEN files are:

-more than 2500 documents sent to US authorities between 2000 and 2017

-among the International banking system’s most closely guarded secrets

-hundreds of investigative journalists have been examining these documents to find what the banks would prefer we did not know about!

READ MORE!

https://www.bbc.com/news/uk-54226107

FinCEN Files: The accidental money launderer

Background Briefing

 By Mario Christodoulou and Geoff Thompson

Posted and updated 22 September 2020

AUSTRALIA’S Real Estate has been awash with Black Money with the Real Estate Gatekeepers exempt from AML Laws!  …

And this has only been slowing down due to the Pandemic …

But there has been another avenue apart from casinos … through money remitters!

SUPERFOREX is one with offices across Sydney it enables immigrants to send money back home …

In October 2015, an analyst from The Bank Of New York Mellon observed more than $20 M was heading for SuperForex’s account in CHINA.

Suspicion was aroused because this money was moving between shell companies hiding the identity of the recipients!

READ MORE!

https://www.abc.net.au/news/2020-09-22/money-remitter-superforex-named-in-fincen-files-leak/12686168

Related Stories

One Gold Coast man is linked to thousands of companies. He’s been named in a huge US leak

America’s biggest bank flagged Manafort’s $50m of transfers as suspicious

Stockbrokers the new money laundering frontline as illicit funds target the ASX

TIM LAWLESS asks the question: ‘Will Stalled Migration Stem Housing Demand?’

And then it seems from this article that all is not revealed about what went on pre Covid-19!

Through visa manipulation a vast range of temporary visas allowed the holder to buy Australian Real Estate to gain a Permanent Resident Visa!

And with a mere 160,000 permanent migrants outnumbered by Temporary Visa holders, for example, in May 2019 their numbers surged past 2.3 Million

And many were lured here esp. those from our Big Neighbour to the North when they bought our real estate to gain a PR Visa and Medicare benefits!

Further, the property sector esp. over the past decade were unable to build the supply to keep up with the ‘foreign demand’ for our housing which may also explain why much of our housing was poorly constructed …

AGAIN it would seem the property media is spinning … somewhat … in saying that ‘the large majority of temporary migrants will not be purchasing a home in Australia; they rent’

BECAUSE those seeking to buy a ‘new home’ can do so on line through e.g. Juwai and gain a ‘PR Visa’ … they are no longer on a Temp. Visa …

This PR Visa has long been the lure.

They can also purchase through a Proxy Buyer, they can buy several homes, and they can launder ‘black money’ in our real estate because the Real Estate Gatekeepers are exempt from the second tranche of the AML legislation!

Martin North has said there will be a 30 to 40% fall in apartment prices due to the collapse of this Ponzi …

Who were all these high-rise apartment precincts scattered all over Sydney built for? … cough … cough … this high-rise demand was not there prior to the Visa manipulation that has taken place …

WILL there be an opening for a return to building homes for aspiring Australian First Home Buyers? That would boost our economy …

Read more from the Property Spin then search CAAN WEBSITE to learn more!

https://bit.ly/3i4vwK5

CAAN WEBSITE:

https://caanhousinginequalitywithaussieslockedout.wordpress.com/

PRE PANDEMIC 1 MILLION AUSTRALIANS MISSED IN UNEMPLOYMENT STATS

PRE PANDEMIC 1 MILLION AUSTRALIANS MISSED IN UNEMPLOYMENT STATS

The one million Australians forgotten in the unemployment statistics

https://thenewdaily.com.au/finance/work/2019/10/17/unemployment-figures-marginally-attached-australia/

Dr Jim Stanford said:

“This says to me that one in five potential workers in Australia, or about 20 per cent, are people who want to work, want to work more, aren’t working at all, or working less than they want to.” 

Search for: Macro Business: ‘One Million Aussies Forgotten in Unemployment Statistics’

Read more: ‘Jobs Drought for Older People’  

https://thenewdaily.com.au/finance/2020/02/19/jobs-drought-for-older-people/

Despite the Pandemic a Sensational Number of Migrants gained Australian Citizenship in 2019-20!

The Morrison Government has recommenced with online citizenship ceremonies to replace face to face ceremonies …

-in 2019-20 more than 204,800 became citizens

-60% more than the previous year

-more than 60,000 applicants gained citizenship virtually since March

-largely from India at 38,209; the UK at 25,011; China at 14,764; Philippines at 12,838; Pakistan at 8,821.

-Victoria with the most at 60,081; NSW at 58,833; Qld at 31,714; WA at 30,394; SA at 14,135

-the 2019-20 figure more than doubles that of 2018 at 80,649

a further 140,000 who have an application pending

WHY has the government  made reducing the citizenship backlog and cutting waiting times a priority?

IS there some benefit in this for the Morrison  government?

TODAY, SATURDAY 25 JULY news report that immigration numbers are the lowest since 1917; and that this has the biggest influence on the rise of house prices!

That must be a first! 

This backs the rusted-on view that such increases are inherently good and necessary but like the ‘trickle down’ economy … it is a myth!

*In the Feds economic forecast according to ABC news this morning their assumptions include an opening of our Border in January 2021!!

despite predictions of a third and fourth wave of the CoronaVirus!

-and HIGH UNEMPLOYMENT at 19.7% prior to the Pandemic; with 1 MILLION AUSTRALIANS for which there is no job!

Looks like further proof that the Liberals are so rusted-on to the GROWTH MANTRA of migration and trickle down economics!

So much for sustainability and a greener economy, and any progressive policies. 

WHY is it that no media outlet or MP has mentioned this opening of our Border in January 2021 until now? We first heard of it this morning!

View: https://www.sbs.com.au/language/english/australia-s-budget-forecast-assumes-international-borders-will-open-for-temporary-visa-holders-from-january-2021#:~:text=Australia’s%20budget%20forecasts%20rely%20on,be%20allowed%20into%20the%20country

Are they so devious along with the support of a compliant media … and with their obsession about returning to normal … it ain’t happening for a long time … if ever!

They don’t like what we are seeing … their business model is haemorrhaging; they have a conga line of developers, University V-Cs, tourism and airline lobbyists, car sale dealers, even high fashion magazine publishers and retailers into them 24/7 ..

READ MORE!

https://caan.info/3jEbo2F

LIKE CAAN ON FACEBOOK!

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

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