Why Australia needs Chinese property investors

The Chinese will become even bigger players in our property market, and Leighton's sale of John Holland to China Communications Construction Co is just the beginning.

As oil prices suffer more sickening blows, and iron ore and coal languish, only one force stands between Australia and a serious recession -- Chinese investment in our property market. Today's announcement that Leighton is selling its John Holland business to China Communications Construction Company for $1.15 billion shows just how eager the Chinese are to get access to Australia.

And in time that investment will move more heavily into other areas, particularly agriculture and tourism.

I’ve already looked at some of the local and global side effects of the oil slump (Brace for the knock-on effects of the oil price slide, October 10), so today it’s appropriate to note that the Chinese boost to investment in real estate is a global phenomenon.

Whether it be London, New York, Melbourne or Sydney, housing markets have never seen anything like the current rash of Chinese and Asian buying.



{{ twilioFailed ? 'SMS Code Failed to Send…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to complete your SMS verification

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to proceed...

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access


Updating information

Please wait ...


{{ productPrice }} / day
( GST included )
Price $0
GST $0
Discount -{{productDiscount}}
TOTAL {{productPrice}}
  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership


The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles