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Post by spinifex on Nov 14, 2018 7:37:03 GMT 10
Foreign investment figures from DFAT. dfat.gov.au/trade/resources/investment-statistics/Pages/statistics-on-who-invests-in-australia.aspxSo ... it turns out the Belgians own twice as much of Oz as the Chinese (China and Hong Kong combined). Which economies invest in Australia? A$ billion Rank in 2017 1 United States 896.9 2 United Kingdom 481.4 3 Belgium 305.3 4 Japan 219.2 5 Hong Kong (SAR of China) 116.6 6 Singapore 82.0 7 Luxembourg 81.0 8 Netherlands 79.0 9 China 65.0 10 Switzerland 53.7 11 Canada 47.3 12 Germany 47.2 13 New Zealand 45.1
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Post by SA Hunter on Nov 14, 2018 11:12:22 GMT 10
Media very quiet about 1-4 aren't they! Don't want to upset the allies maybe?
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Post by spinifex on Nov 14, 2018 18:15:43 GMT 10
I'm guessing the official plan of those pulling the national levers is to pump folks up for a pointless confrontation.
But yeah ... if foreign ownership of Oz assets was a bad thing ... we're off target with our national angst.
There are some interesting cloaking games that happen in international investment too. Company X in Belgium that is invested in Oz may actually be controlled/owned by people hailing from Switzerland or the Cayman Islands and quite often Saudi / UAE sovereign wealth funds. I found that out while doing deep research on an 'Australian' company.
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Post by Peter on Nov 14, 2018 19:44:34 GMT 10
The funny thing about this is that all property is owned by the crown. Have you noticed that the title of your property that you bought will [normally] list you as a tenant? The crown can kick you out if it wants to.
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