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The Diplomat’s Yigal Chazen is the latest to warn that Australia’s property market is a potential haven for laundered money, especially from China:
Australia is in the midst of a housing affordability crisis… The price spiral has coincided with ballooning Chinese investment in Australian real estate markets…
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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.