Tuesday, October 19, 2010

Australia, Asia Pacific 2010 Q3 Resurgence in investment

Australia and wider Asia Pacific resurgence in property investment 2010 Q3
Cross border transaction volumes rose 23% quarter on quarter in Asia Pacific reaching US$5 billion in Q3, with Australia seeing close to a 110% year on year increase in cross border transaction volumes.
This reminds me of this article from yesterday Brazil boosting foreign inflow tax. Australia does not seem to have any interest in defending itself from foreign funds blowing this bubble up even larger.

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