IMO this bubble might never pop because of that. Australia is too dependent on a Chinese market. And let's face it Chinese love a Euro / Ausi foreign product , its an image thing for them. Their perception is that our standard are higher and so they get a better product, which I don't believe is wrong. An Asian mindset , especially for Chinese and Arabs is that European / Australian / Caucasian businesses make higher value / higher grade products. And they feel safer backing foreign brands rather than a local one. if there are any Chinese on the forum it would be good to get your opinion.
IMO this bubble might never pop because of that. Australia is...
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