Domain hits China property buyer panic button

Thursday 9 July 2015

…”I think the fact it has fallen so sharply will make investors in China think about alternatives and one of those alternatives will be Australian property,” St George Bank chief economist Hans Kunnen said.

HSBC chief economist Paul Bloxham concurs. “Australia is seen as a safe place to invest that has strong growth opportunities,” he said.

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.