Pudong in Shanghai in January 2014. Photo Contributed
Pudong in Shanghai in January 2014. Photo Contributed Contributed

Chinese investment in Australia continues to rise

CHINESE investment in Australia jumped 32.9% last year to $15 billion, largely on the back of funds flowing into real estate.

The latest Demystifying Chinese Investment report from KPMG and the University of Sydney was released this week.

It found 45% of the $15 billion invested in Australia in 2015 went into real estate and property, including $565 million into properties in the Northern Territory.

The report also showed 2015 was the second highest year for Chinese direct investment into Australia, after the big mining deals of 2008.

And it showed Chinese firms were diversifying their investments into new industries - most notably the $3 billion takeover of Pacific Hydro, and four health sector deals worth a total of $2.5 billion.

Real estate investment from China rose to $6.8 billion in 2015 up from $4.3 billion in 2014, most of it in New South Wales.


AMAZING DEAL: Read it all for $3 a week for first 12 weeks

Premium Content AMAZING DEAL: Read it all for $3 a week for first 12 weeks

You get access to local and regional news and the Courier Mail

Chinchilla organisation hopes to change course for at-risk teens

Premium Content Chinchilla organisation hopes to change course for at-risk...

THE Chinchilla organisation is hoping to help tackle the rampant youth crime...

Mercury soars to 44.6C as state roasts

Premium Content Mercury soars to 44.6C as state roasts

Queensland heatwave expected to continue until next week