China’s huge demand for dairy is driving up butter prices

CHINA’S endless demand for Australian dairy and baby formula is behind the butter price rises — and it will soon force bakeries to switch from using butter to margarine to survive. Many sausage rolls, Swiss rolls, biscuits and croissants will start tasting different as bakeries deal with a 30 per cent increases in the cost…

Lie, cheat, steal . . . and leave: Australia’s $3m visa scam

A corrupt Immigration Department official and her husband helped run a $3 million criminal migration racket that involved making more than 1000 fraudulent visa applications. Fairfax Media can also reveal that Reetika Ajjan and her husband Jeetender were able to flee Australia three days after their home was raided by immigration and federal agents in October 2011…

Contaminated risk for western Sydney water due to poorly planned housing developments

POORLY planned housing developments in Western Sydney are contaminating the water supply and could contribute to a citywide shortage in future, NSW government documents warn. Documents obtained by The Daily Telegraph can reveal WaterNSW and Sydney Water have voiced concerns that Sydney’s urban sprawl and booming population are putting increasing pressure on the water system,…

Chinese developers buy one-third of Australia’s sites in 2016

Chinese developers bought almost 40 per cent of the total $5 billion spent on Australia’s residential development sites in 2016, with a clear trend towards buying up land in far-flung Sydney and Melbourne suburbs, new research shows. Knight Frank’s report, The Rise of Chinese Developers in Australia, found Chinese developers bought $2.4 billion of residential development sites in…

Sydney more Asian than European

CHINA has overtaken England and New Zealand as the most popular country of birth in Sydney, according to the latest Census, released by the Australia Bureau of Statistics today. 4.7 per cent of the Greater Sydney population comes from China, followed by England on 3.1. Nationally, 1.3 million new migrants have come to Australia since…

Chinese property buyers in Australia ‘have not stopped’

Chinese investment will continue to flow into Australia’s housing market despite tighter mainland capital restrictions, with real estate portal Juwai predicting levels will peak again despite a near-10 per cent fall in inquiries earlier this year. Inquiries on the website for Australian property from potential Chinese buyers have fallen 9.7 per cent in the first…

Rise of China’s army of ‘personal shoppers’ could triple in 2 years

Sales by so-called daigous of Australian goods to Chinese consumers, such as baby formula and health products, could easily triple over the next two years, ­according to a key player involved co-ordinating the trade locally. In an interview with The Australian, Sydney-based consultant Livia Wang welcomed last week’s announcement from China’s State Council to extend…

Chinese students turn on Aussie professors

Tensions rise as Chinese government’s influence infiltrates Aussie universities AUSTRALIAN educators are increasingly coming under attack from Chinese students, raising concerns their government’s influence is permeating our universities. The students have been openly complaining about Western teaching methods and ideas, and publicly demanding apologies or changes to how subjects are explored. The trend has raised…

House prices face China exodus risk, says former top US Federal Reserve Economist

Soaring house prices are vulnerable to a sharp downturn that would damage the local economy if Chinese buyers retreat from residential property in Australia, a former top US Federal Reserve official has warned.Nellie Liang, who recently visited Sydney and shared her thoughts on financial stability research with the Reserve Bank of Australia, told The Australian Financial Review policymakers…

Almost one in five homes built in Australia are unoccupied

Australia’s record-breaking residential construction boom has done little to ease housing affordability in Australia’s largest cities, perhaps it’s because many of the homes built are currently unoccupied. Regardless of whether they were purchased by locals or foreign investors, close to one in five new dwellings built over that period was unoccupied on census night, according…