Karen Jackman

Latest from Karen Jackman

Investors pour into property market

Chinese investment in Australian real estate has grown by almost 60 per cent in the past two years, with buyers and developers focusing largely on Sydney and inner-city Melbourne. Huge interest from cashed-up Chinese buyers has been a major driver for house prices in some suburbs of Sydney and Melbourne to rocket by as much as 27 per cent over the past year. The median house price in Sydney rose by 15 per cent last year.

Chinese investment in Australian real estate has grown by almost 60 per cent in the past two years, with buyers and developers focusing largely on Sydney and inner-city Melbourne. Huge interest from cashed-up Chinese buyers has been a major driver for house prices in some suburbs of Sydney and Melbourne to rocket by as much as 27 per cent over the past year. The median house price in Sydney rose by 15 per cent last year.

10 Jun 2015 - 3:56PM
Mining still solid despite slowdown

The slowdown in Chinese growth - to a still-impressive and better-than-expected 7.7 per cent - has certainly hurt Australia's economy. The country expanded its mining capacity as Chinese growth rocketed. Now, as China's expansion slows, global commodity prices have fallen and Australia's economy is growing at a slower pace as mining investment crumples.

The slowdown in Chinese growth - to a still-impressive and better-than-expected 7.7 per cent - has certainly hurt Australia's economy. The country expanded its mining capacity as Chinese growth rocketed. Now, as China's expansion slows, global commodity prices have fallen and Australia's economy is growing at a slower pace as mining investment crumples.

10 Jun 2015 - 3:56PM
Illegal shopping tours crackdown leads to fall in Chinese visitors

Mainland residents have become the world's biggest travellers and the biggest spending travellers. A total of 97 million mainland tourists left the country last year and about 700,000 headed Down Under - where they splashed out in excess of A$4 billion (HK$27.76 billion) during their average eight to 12-day trip.

Mainland residents have become the world's biggest travellers and the biggest spending travellers. A total of 97 million mainland tourists left the country last year and about 700,000 headed Down Under - where they splashed out in excess of A$4 billion (HK$27.76 billion) during their average eight to 12-day trip.

10 Jun 2015 - 3:56PM
20 Apr 2012 - 12:00AM
20 Apr 2012 - 12:00AM
6 Apr 2012 - 12:00AM
6 Apr 2012 - 12:00AM
12 Mar 2012 - 12:00AM
12 Mar 2012 - 12:00AM
10 Jan 2012 - 12:00AM
10 Jan 2012 - 12:00AM
2 Dec 2011 - 12:00AM
16 Nov 2011 - 12:00AM
28 Oct 2011 - 12:00AM
28 Oct 2011 - 12:00AM
26 Oct 2011 - 12:00AM
26 Oct 2011 - 12:00AM
26 Oct 2011 - 12:00AM
26 Oct 2011 - 12:00AM
18 Oct 2011 - 12:00AM
3 Oct 2011 - 12:00AM
7 Sep 2011 - 12:00AM
7 Sep 2011 - 12:00AM
7 Sep 2011 - 12:00AM
31 Aug 2011 - 12:00AM
4 Jul 2011 - 12:00AM
4 Jul 2011 - 12:00AM
26 Jun 2005 - 12:00AM
9 Oct 2005 - 12:00AM
26 Mar 2006 - 12:00AM