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Lily Chong, the Perth-based Australian head of Chinese property portal Juwai IQI, said overseas buyers had started looking past the COVID-19 pandemic and were planning for when travel restrictions eased.
Chinese buyers are being lured back to the Australian property market by generous government rebates of up to $50,000 on a new home.
“Australia will pay foreigners up to $50,000 to buy a new home,” Lily Chong said.
“Australia will pay Chinese up to $50,000 to buy a new home, Australia will pay Hong Kong-ers, Australia will pay Malaysians – it doesn’t matter where you come from. It’s all in the interests of supporting the economy.”
For the full story, read on: news.com.au
