Australia is an attractive market for foreign investors, particularly when in comes to owning property including land. However, with escalating property prices in Sydney and Melbourne, the Australian and State Governments have made it more restrictive for foreign residents to purchase residential property in Australia.
In this article, Ben Weeding from Buyside buyers agency outlines what investors can currently do when it comes to purchasing properties in Australia. Continue reading Buying property in Australia – what overseas investors need to know
Drying up of bank lending for overseas investors has seen the market respond with the development of innovative financing solutions.
The BasisPoint inaugural conference on non-bank financing will establish an industry-wide network to discuss the financing problems faced by developers, property marketers and agents in managing settlement pipelines.
Speakers include a representative from the Foreign Investment Review Board (FIRB), a guest lawyer from Beijing and a range of leading advisors on how investors can enhance their returns from private lending and what developers need to do to best position their projects for this new source of funding.
In addition to the afternoon conference and networking drinks, the event will also feature a deal matching* process for introducing developers with projects to fund to non-bank groups with money to lend.
If you are interested in participating in the deal matching contact BasisPoint General Manager, CT Johnson on firstname.lastname@example.org
- Date: Thursday 22nd September 2016
- Time: 1.50 pm to 7.30 pm
- Venue: Grand Ballroom, Westin Hotel, Sydney
Cost: $600 plus GST or $450 before 8th September
About Basis Point
Basis Point, founded by David Chin, provides business intelligence and networking opportunities for participants in the investment & financial markets in Australia & Asia, through a combination of bespoke intelligence reports, directories and targeted networking events
With China’s disruption’ as a major supplier of capital in global markets, and as a major trading partner with Australia, the three areas of focus are:
- Significant Investor Visa (SIV) investments and China’s HNW private investments in Australia
- The growing Australia-China property, agri and tourism development opportunities
- Funds and private capital sources including hedge funds, SMSFs, boutique funds, VC funds, proprietary trading /derivatives and Family Offices, especially with an Australia-China and Australia-Asia connections.
*Note participation in the matching process is free for qualified lenders, while borrowers will be charged a fee for any monies lent or invested into their projects.