Up to 80 % of all property transactions in Australia concerning Chinese buyers have been affected by newly - introduced regulations which limit overseas transfers from China to $ 50,000 . The regulations have been introduced in a bid to control capital outflows after last month ’s disastrous stock market crashes . China's total approved investment in Australia was A$27.7 billion over the period, compared with the U.S.'s A$17.5 billion. China is currently Australia ’s largest trade partner and dominates the country ’s property market ; in the wake of such regulations , Sydney recently recorded its lowest auction # ##s for China and experts predict further property price drops .
Up to 80 % of all property transactions in Australia concerning Chinese buyers have been affected by newly - introduced regulations which limit overseas transfers from China to $ 50,000 . The regulations have been introduced in a bid to control capital outflows after last month ’s disastrous stock market crashes . China is currently Australia ’s largest trade partner and dominates the country ’s property market ; in the wake of such regulations , Sydney recently recorded its lowest auction # ##s for China and experts predict further property price drops .