The Great Wall of Money. Monday 1. 2th October 2. Whether its waterfront trophy homes or apartments off the plan, or even massive commercial developments, Chinese investment in our real estate has surged by more than 4. A1. 2 billion spent in the previous financial year alone. Property is now the number one Chinese investment in Australia. So who are these investors and what do they see in Australia On Four Corners youll meet members of Chinas super rich, the new generation of global property investors who call Australia home I think this is the best period of time in Australias history. The vast capital from China, including entrepreneurs like us, have been looking for investment opportunities worldwide. Chinese multi millionaire property investor. And theyre clear about what they want The priority is view. You know, its something money cannot buy in China. Real estate agent. There are also Chinese middle class buyers looking for a holiday home, a place to retire to, or just a good investment Compared to Shanghai property, Sydney property is not that expensive. Chinese investor. Read the Latest and Breaking IT and Technology News, Reviews, Analysis Opinion for Australian IT managers and professionals. And developers from a billion dollar megaresort on the Gold Coast to Melbournes tallest residential tower marquee sites in Sydney and whole city blocks in Perth theyre shaping our city skylines. I came over 1. After my graduation I fall in love with the country, loved the lifestyle, decided to stay, make something good out of it. Chinese property developer. Some are the progeny of Chinas political elite, known as princelings, whose links here begin with an Australian school or university Youll find at the top universities across this country, a whole influx of young people of Chinese background who have been sent here by parents. Safe investment, they dont live in fear of the State taking their assets from them. Former Australian Federal Minister and China business specialist. But there are hidden dangers in doing business with China endemic corruption a lack of transparency in both business and the legal system, and questions about where the money is coming from and whether ill gotten gains are being laundered. China is by far the biggest exporter of illicit capital. International money laundering expert. With billions of dollars flowing out of China, international money laundering experts are warning that some of it is making its way into Australia Real estate is recognised internationally as one of the means by which people will launder money. Former money laundering investigator. THE GREAT WALL OF MONEY, reported by Linton Besser and presented by Kerry OBrien, goes to air on Monday 1. October at 8. 3. 0pm. It is replayed on Tuesday 1. October at 1. 0. 0. Wednesday 1. 4th at midnight. It can also be seen on ABC News 2. Saturday at 8. 0. ABC iview and at abc. B969F00000578-4595514-image-a-13_1497262429010.jpg' alt='Watch Good Neighbours Online Hoyts Nursery' title='Watch Good Neighbours Online Hoyts Nursery' />Monday 12th October 2015. Whether its waterfront trophy homes or apartments off the plan, or even massive commercial developments, Chinese investment in. Issuu is a digital publishing platform that makes it simple to publish magazines, catalogs, newspapers, books, and more online. Easily share your publications and get. Viaggi e Vacanze Minube la community di viaggiatori e turisti dove scoprire destinazioni e condividere esperienze e idee di viaggio. Transcript. 12 October 2. The Great Wall of Money. KERRY OBRIEN, PRESENTER Tonight on Four Corners Chinas massive shopping list for Australian real estate. Whos buying it and where does their money come fromLULU PALLIER, SOTHEBYS INTERNATIONAL REALTY They come to this country, they want to buy something special. So waterfront with a view, with a nice house on it its something money cannot buy in China. Yeah. MATTHEW KHOO, FINANCE DIRECTOR, ICD PROPERTY A at the time it was actually the, the fastest, ah, tower to sell. We sold 1. 00 per cent of the, the tower within eight months. LULU PALLIER This is sold two years ago to a Chinese businessman, Mr Wong, for 5. RAYMOND BAKER, GLOBAL FINANCIAL INTEGRITY A lot of governments dont want to ask the questions. They simply want the money flowing in. Well, Im sorry. You do that and you expose yourself to a great many risks, not only in your own country but youre also damaging the countries out of which that money is coming. Watch How To Meet Girls From A Distance Online Full Movie. KERRY OBRIEN Whether its waterfront trophy homes, apartments off the plan or massive commercial developments, Chinese investment in Australian real estate has surged by more than 4. Property has now eclipsed mining as the number one Chinese investment in Australia. Its part of an extraordinary flight of capital out of China, estimated in the trillions of dollars, which may be the biggest exodus of money from a single country in financial history. While Chinese investment has been a boon for Australia and much of it is legitimate according to money laundering agencies there are also billions of dollars in ill gotten gains being illicitly siphoned offshore and Australian authorities are doing precious little to investigate the source or the destination of these funds. Our investigation has revealed that one source of investment is a Chinese firm involved in international arms dealing and another is the riches amassed by relatives of Chinas political elite, known as the Princelings. Youre about to meet some of them in this report by Linton Besser. LINTON BESSER, REPORTER Lulu Pallier is in Shanghai on business. Its Chinas financial capital, where bicycles have given way to Bentleys and revolutionary slogans have been replaced by designer labels. But what Lulu is selling is not here in China its on the other side of the world. Defining-Hope.jpg' alt='Watch Good Neighbours Online Hoyts West' title='Watch Good Neighbours Online Hoyts West' />LULU PALLIER, SOTHEBYS INTERNATIONAL REALTY Im meeting potential clients who are willing to in have investment in Australia. Footage of Lulu holding meeting of potential investors around large round tableLINTON BESSER Lulu Pallier is spruiking Sydney real estate. LULU PALLIER translation Feel free to ask me any questions about purchasing property in Australia. LINTON BESSER For Chinese buyers like Huang Cheng, an Australian property is the perfect investment. HoytsLandingBanner1034x367_LFF.jpg' alt='Watch Good Neighbours Online Hoyts Theater' title='Watch Good Neighbours Online Hoyts Theater' />Watch Good Neighbours Online Hoyts BangorHUANG CHENG, POTENTIAL INVESTOR translation Compared to Shanghai property, Sydney property is not that expensive. JENNY HU, POTENTIAL INVESTOR translation I have not bought yet and am still looking. I want to have a house for my holiday in future. I like Australia as it has good weather and quality food. LINTON BESSER Iris Huang is here to sign the contract on a Sydney apartment she has only ever seen on the internet. IRIS HUANG, INVESTOR I havent seen it. But Ive been living Australia, so Im kind of like familiar with that area, so I dont need to see. I think most. Most of the investment if they trust somebody like Lulu, the real estate agent, I dont think they need to see. Its just sign and email it. Its very convenient. Yeah. Footage of Liu Qi leading Jenny Hu to a table at one of his restaurantsLINTON BESSER Across town, Lulu visits another client. Liu Qi owns a chain of restaurants a thriving business that celebrates the founder of Chinas communist state. He bought his Sydney apartment in June with an eye to the future. LIU QI translation My daughter got her bachelors degree in the US and she is studying her masters degree in Sydney. I asked her to study in Sydney as the time difference is two hours and the weather is good. I think after I retire, I can live there. LINTON BESSER Liu Qis investment is part of a huge wave of Chinese money pouring into the Australian real estate market. In just five years, its surged more than 4. Back in Sydney, Lulu Pallier is not just selling humble apartments. For the growing ranks of Chinas super rich, the aim is a trophy home. Lulu Pallier is showing potential clients a large house overlooking Sydney HarbourAnd there is nowhere more desirable than the waterfront suburbs around Sydneys world famous harbour. POTENTIAL CLIENT Fish tank. Oh. LULU PALLIER They want to buy something special. La tua Community di Viaggi e Vacanze. Minube stato uno di quei siti che, come viaggiatore e fotografo, mi ha scatenato un amore a prima vista. Confesso che sono sempre stato molto scettico rispetto a quei siti web di viaggi che consigliano luoghi culturali, turistici, ecc. Forse perch, occupandomi di fotografa documentaria, tendo a cercare posti non cos visitati o conosciuti tuttavia, il fatto che molti utenti di Minube iniziassero a condividere i loro posti del cuore allinterno della web mi ha fatto vedere che Minube un luogo molto personalizzabile e molto utile per avere ispirazioni, anche per scoprire cosa vedere in destinazioni recondite, anchesse condivise da alcuni utenti. In poche parole, come dicevo allinizio, il grande fascino di Minube la sua comunit. Grazie a lei capisci che non una web che vuole venderti qualcosa e basta al contrario, ti pu aiutare in ogni momento del tuo viaggio gastronoma, ristoranti, luoghi di interesse, luoghi pi appartati, trasporti, dove dormire., non importa che tipo di viaggiatore tu sia.