Li Huaxin, centre left, Chinese Consul General to Australia, and NSW Premier Barry O Farrell, centre right, activate lasers that turn the Sydney Opera House's sails red for the Chinese Lunar New Year celebrations in Sydney. Photo: EPA

Chinese snap up Australia 'significant investor' visas

90pc of applicants to Australian residency scheme for 'significant investors' launched just over a year ago are wealthy mainland nationals

TOP PICKS

Li Huaxin, centre left, Chinese Consul General to Australia, and NSW Premier Barry O Farrell, centre right, activate lasers that turn the Sydney Opera House's sails red for the Chinese Lunar New Year celebrations in Sydney. Photo: EPA
READ FULL ARTICLE