The operator of a Chinese-language real estate website says the Foreign Investment Review Board crack down on illegal property buying is "racist" while Ray White Real Estate chairman Brian White urged calm in response to fears Chinese buyers are pushing up prices. "Yes I think the targeting of Chinese buyers is racist and it threatens to harm the attractiveness of Australia as an offshore investment destination," Juwai co-chief executive Simon Henry said.

“Frank Gehry, you’re a genius!” The real Frank Gehry will forever be conflated with his depiction on The Simpsons as an idiot savant who finds design inspiration in scrunched-up wads of paper. “Brown paper bag”, the nickname given to Gehry’s first Australian project, gleefully invokes this association.

“Nonexecutive directors on Australian boards have a deep suspicion of private equity,” said a partner at a leading corporate law firm in Australia, who spoke on the condition of anonymity for fear of offending his private equity clients. “The perception in many Australian boardrooms is that private equity’s nonbinding takeover proposals are tire-kicking exercises.”