Altona, a luxury Sydney property, sold to a Chinese-born businessman in 2013 for US$54.3 million. A senior Australian central banker says that Chinese interest in Australian property is cooling as financing becomes harder to come by. Photo: AFP

Chinese buyers cooling on Australian homes as financing gets harder to find

Australian central banker says capital controls by Beijing and tighter lending criteria at Australian banks behind the easing interest

Topic |   International Property

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Altona, a luxury Sydney property, sold to a Chinese-born businessman in 2013 for US$54.3 million. A senior Australian central banker says that Chinese interest in Australian property is cooling as financing becomes harder to come by. Photo: AFP
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