Outflow Fears Hit Australia's Properties

Outflow Fears Hit Australia's Properties

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses a failed property sale involving a Chinese buyer unable to transfer funds, highlighting broader issues in the Australian apartment market due to capital restrictions. Developers face risks, especially in cities like Brisbane and Melbourne, where oversupply is a concern. The discussion also touches on China's capital control measures and potential impacts on the property market, with a focus on whether these issues could lead to a wider property downturn in Australia.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways might the tightening of capital controls in China impact Australian property developers?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the current sentiment regarding the future of apartment prices in Australia?

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