Agree totally. Australian development companies (and some of them are part-owned or fully-owned by Chinese nationals) benefit from the property investment. And Aussie Universities are basically funded by Chinese students now (not that the quality has improved, just the staffing levels). But the average Aussie doesn't benefit.
Imho we should do what the Asian countries do: disallow buying property in Australia from non-Aussie citizens (or at least non-residents).
Imho we should do what the Asian countries do: disallow buying property in Australia from non-Aussie citizens (or at least non-residents).