Asian investment in Australian capital city property markets.
C Adrian, R Stimson
Environment and Planning A Economy and Space | Published : 1986
In the mid-1970s Asian investment in Australia accounted for less than 15% of the total foreign investment inflow. By 1984 the inflow from Asia had increased dramatically to 40% or $A4155 million per annum. Over the past ten years an increasing proportion of the Asian investment inflow has been directed to the capital city property markets—particularly Sydney, Melbourne, Perth, Brisbane, and the Gold Coast. In this paper the reasons for these changes, and in particular the deregulation of the Australian finance sector and the underdeveloped conservative nature of Australian property markets, are analysed. It is argued that the changing nature of the capital city property markets is part..View full abstract