Immigration intake will remain at record level for 2017 – 2018

Australia’s permanent migration programme for 2017-18 will remain at a ceiling of 190,000 places. This was announced by Department of Immigration and Border Protection Minister Peter Dutton on budget day. After recent announcements of abolishing the 457 visas and strengthening the requirement to gain Australia’s citizenship, all eyes were on government to see if the…

Keep foreign workers coming, IMF says

Just hours before Treasurer Scott Morrison hands down his second budget, the International Monetary Fund has offered some sage advice – keep Australia’s borders open to foreign workers. At a time when the Turnbull government is tightening the criteria for foreign workers and Labor is in a flap over it’s “Employ Australians First” ad, the…

Chinese buying big in Australian agribusiness

CHINA’S investment in Australian agribusiness has tripled in just one year as China strives to meet rising demand for high-quality food among its growing middle class. In 2016, Chinese companies invested $1.2 billion in Australian agribusiness, three times the investment of $375 million in 2015, shows a report form financial services provider KPMG and the…

Proposed Phillip Island cancer facility to target Chinese visitors

Phillip Island could become a destination for Asian tourists jetting in to seek cancer treatment. A major proposal is afoot to build an international radiation, oncology and chemotherapy treatment centre, complete with 72-bed luxury accommodation and possible golf course. More than a million visitors flock to Phillip Island each year, with the penguin parade a…

Property sector recruits Chinese real estate agents on 457 visas

More than one Chinese real estate agent was brought to Australia on a 457 visa every week during 2016 to allow businesses to take advantage of the offshore investment boom. The 2016 figures for the 457 program released this week show there were slightly fewer workers in Australia on the controversial temporary visa at the…

Property sector recruits Chinese real estate agents on 457 visas

More than one Chinese real estate agent was brought to Australia on a 457 visa every week during 2016 to allow businesses to take advantage of the offshore investment boom. The 2016 figures for the 457 program released this week show there were slightly fewer workers in Australia on the controversial temporary visa at the…

Malcolm Turnbull tells Adani native title issues will be ‘fixed’

Prime Minister Malcolm Turnbull has assured senior executives from Adani that native title issues threatening the Indian multinational’s proposed $21 billion Carmichael coal mine in Queensland’s Galilee Basin will be fixed.In a private meeting in New Delhi overnight Tuesday between the Prime Minister, Gautam Adani and his top executives, Mr Adani expressed concern at a…

Beijing sends  blunt warning to Chinese Australians

“Unfortunately a signal of intimidation has been sent to Chinese Australians not to criticise Communist party interference in Australian domestic affairs,” the head of the National Security College at the Australian National University (ANU), Rory Medcalf, says. Dr Feng was finally allowed to leave Guangzho, China on Saturday, a month after arriving in China where…

Corrupt foreigners buy Australian property

Anti-corruption group Transparency International has named Australia as one of the main countries in which corrupt government officials from overseas can buy real estate by exploiting legal loopholes. The group identified “severe deficiencies” in local rules designed to stop illicit funds flowing into property that put Australia in breach of its commitments to tackle corruption…

Chinese communist party steps up university influence effort

The Chinese Communist Party had escalated its campaign to ­influence Australian universities at the same time as University of Technology Sydney academic Chongyi Feng was being interrogated in China. As recently as last week, in the days before Dr Feng was interviewed by Chinese officials, the head of a Chinese government ­department aimed at influencing…

Foreigners buying up quarter of all new homes NSW and Victoria

A quarter of all new homes in NSW are being bought by foreigners, with almost 80 percent of them Chinese. Foreign spending on new housing in NSW and Victoria is running at an annualised rate of $8 billion a year, according to a research note from Credit Suisse. The bank said the rate in NSW…