- The pull of Australia’s lifestyle and education system are not the only reasons Chinese buyers are heading here – there are also factors pushing people and their dollars thousands of kilometres from home.
China’s former one-child policy and their highly pressurised education system are driving interest to Australia, according to an RMIT study.
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The new 4 per cent stamp duty surcharge applicable to foreigners will raise $835 million, the government says.Photo: Alistair Walsh