Chinese demand for Australian property holding up: HSBC
Demand for loans from Chinese investors in Australian real estate is holding up, says Asia-focused bank HSBC, despite the local banks clamping down on foreigner property buyers.
Clancy Yeates writes on business specialising in financial services. Clancy is based in our Sydney newsroom.
Demand for loans from Chinese investors in Australian real estate is holding up, says Asia-focused bank HSBC, despite the local banks clamping down on foreigner property buyers.
Establishing a new banking tribunal could deliver worse outcomes for customers in fights with banks, by dragging out disputes with complex legal arguments, consumer groups have warned.
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