Hi pintohooYou could ask "what is the government doing" what...

Hi pintohoo

You could ask "what is the government doing" what about the foreign investment rules?

Is there anyone actually working in Canberra

From the official Gov website - Australian foreign investment policy presumes in favour of foreign investment, and generally does not enforce local ownership requirements. Over the five years to 2011-12, 38,590 applications were approved (valued at A$860 billion), while only 63 were rejected. The bulk of these were in the real estate sector

So regardless of how much the prices are pushed up by the millions of Chinese who are capable of buying in Australia the government believes that it is good for Australia just bad for the poor suckers who live here