Chinese buyers are still snapping up billions of dollars of Australian property despite a crackdown by tax authorities on dodgy purchases.
Chinese investment in Australian property almost doubled in the last financial year to $24.3 billion, up from $12.4 billion in 2013/14, and was more than three times as much as the next-biggest investor, the United States, in 2014/15.
Chinese investment in Australian property doubled in the last financial year. Photo: AAP
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