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Chinese buyers pushing up home prices in Australian cities

Thursday, January 30, 2014 - 06:00

[SYDNEY] Tina Ford, an Australian public servant, said she could hardly believe it when her three-bedroom apartment sold this month for A$1 million (S$1.1 million) at an auction in which all 16 registered bidders were ethnic Chinese. "I'm over the moon, I'm gobsmacked," said Ms Ford, 53, adding

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