Luring investors: A view of the central business district and the water-front residential properties in Point Piper, Sydney. As Golden Week began yesterday, real estate agents are taking Chinese visitors on tours to show off prestigious Australian properties. — Bloomberg.
SYDNEY: Australia’s real estate industry is hoping recent rule changes for foreign buyers haven’t dimmed Chinese appetites too much, as they eagerly await an influx of big-spending tourists during China’s Golden Week holiday.
Chinese vacationers, six million of whom travelled overseas during last year’s Golden Week, have become increasingly important to Australia.
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