The Great Wall of Money. Monday 1. 2th October 2. Whether it's 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. A$1. 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 you'll meet members of China's super rich, the new generation of global property investors who call Australia home: "I think this is the best period of time in Australia's history.

The vast capital from China, including entrepreneurs like us, have been looking for investment opportunities worldwide."Chinese multi- millionaire property investor. And they're clear about what they want: "The priority is view .. You know, it's 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. And developers: from a billion dollar megaresort on the Gold Coast; to Melbourne's tallest residential tower; marquee sites in Sydney and whole city blocks in Perth - they're 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 China's political elite, known as 'princelings', whose links here begin with an Australian school or university: "You'll 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 don't 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 O'Brien, goes to air on Monday 1. October at 8. 3. 0pm. It is replayed on Tuesday 1. October at 1. 0. 0.

Massachusetts (/ ˌ m æ s ə ˈ tʃ uː s ɪ t s / ( listen) or / ˌ m æ s ə ˈ tʃ uː z ɪ t s /), officially the Commonwealth of Massachusetts, is the most. Chicago Fire Season 6 Episode 1. Watch Chicago Fire Season 6 Episode 1 Online, Chicago Fire Season 6 It Wasn’t Enough, Chicago Fire 6×1, Chicago Fire S6E1. Veronica Mars is a 2014 American neo-noir mystery comedy-drama film produced and directed by Rob Thomas, who co-wrote the script with Diane Ruggiero. NB: The "updated" date indicates the date on which the announcements were removed from the AustLII home page, not the date on which they were added.

Wednesday 1. 4th at midnight. It can also be seen on ABC News 2. Saturday at 8. 0. ABC iview and at abc.

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Transcript. 12 October 2. The Great Wall of Money. KERRY O'BRIEN, PRESENTER: Tonight on Four Corners: China's massive shopping list for Australian real estate.

Who's buying it and where does their money come from? LULU PALLIER, SOTHEBY'S INTERNATIONAL REALTY: They come to this country, they want to buy something special..

So waterfront with a view, with a nice house on it: it's 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 don't want to ask the questions. They simply want the money flowing in. Well, I'm sorry. You do that and you expose yourself to a great many risks, not only in your own country but you're also damaging the countries out of which that money is coming.

KERRY O'BRIEN: Whether it's 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. It's 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 China's political elite, known as 'the Princelings.' You're about to meet some of them in this report by Linton Besser.

LINTON BESSER, REPORTER: Lulu Pallier is in Shanghai on business. It's China's 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: it's on the other side of the world. LULU PALLIER, SOTHEBY'S INTERNATIONAL REALTY: I'm meeting potential clients who are willing to in- have investment in Australia.(Footage of Lulu holding meeting of potential investors around large round table)LINTON 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.

HUANG 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 haven't seen it. But I've been living Australia, so I'm kind of like familiar with that area, so I don't need to see.

I think most.. Most of the investment: if they trust somebody like Lulu, the real estate agent, I don't think they need to see. It's just sign and email it. It's very convenient.

Yeah.(Footage of Liu Qi leading Jenny Hu to a table at one of his restaurants)LINTON BESSER: Across town, Lulu visits another client. Liu Qi owns a chain of restaurants: a thriving business that celebrates the founder of China's communist state. He bought his Sydney apartment in June with an eye to the future. LIU QI (translation): My daughter got her bachelor's degree in the US and she is studying her master's 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 Qi's investment is part of a huge wave of Chinese money pouring into the Australian real estate market. In just five years, it's surged more than 4.

Back in Sydney, Lulu Pallier is not just selling humble apartments. For the growing ranks of China's super rich, the aim is a trophy home.(Lulu Pallier is showing potential clients a large house overlooking Sydney Harbour)And there is nowhere more desirable than the waterfront suburbs around Sydney's world- famous harbour.

POTENTIAL CLIENT: Fish tank. Oh. LULU PALLIER: They want to buy something special.

They come to this country, they want to buy something special. They want: the first priority is view. So waterfront with a view, with a nice house on it and, ah, preferably with a boat marina. You know, it's something money cannot buy in China.

Yeah. LINTON BESSER: For overseas investors, there are strict rules about buying Australian real estate like this $2. It's become a hot- button issue amid a public crackdown on illegal sales launched by the former treasurer, Joe Hockey.

Massachusetts - Wikipedia. Commonwealth of Massachusetts. Nickname(s): The Bay State. Motto(s): Ense petit placidam sub libertate quietem (Latin)By the sword we seek peace, but peace only under liberty. State song(s): "All Hail to Massachusetts"Official language.

English[1]Spoken languages. Demonym. Bay Stater (official)[3] Massachusite (traditional)[4][5] Massachusettsian[6]Capital(and largest city)Boston. Largest metro. Greater Boston. Area. Ranked 4. 4th • Total. Width. 18. 3 miles (2.

Length. 11. 3 miles (1. Latitude. 41° 1. 4′ N to 4. N • Longitude. 69° 5. W to 7. 3° 3. 0′ WPopulation. Ranked 1. 5th • Total.

Density. 84. 0/sq mi  (3. Ranked 3rd[9] • Median household income$6. Elevation • Highest point. Mount Greylock[1.

Mean. 50. 0 ft  (1. Lowest point. Atlantic Oceansea level. Before statehood. Province of Massachusetts Bay. Admission to Union.

February 6, 1. 78. Governor. Charlie Baker (R)Lieutenant Governor. Karyn Polito (R)Legislature. General Court • Upper house. Senate • Lower house. House of Representatives.

U. S. Senators. Elizabeth Warren (D)Ed Markey (D)U. S. House delegation. Democrats (list)Time zone.

Eastern: UTC- 5/- 4. ISO 3. 16. 6US- MAAbbreviations. MA, Mass. Websitewww. Massachusetts state symbols.

Living insignia. Bird. Black- capped chickadee,[1. Fish. Cod[1. 5][1. Flower. Mayflower[1. Insect. Ladybug[1. Mammal. Right whale,[1. Morgan horse,[2. 0]Tabby cat,[2.

Boston Terrier[2. Reptile. Garter snake[1. Tree. American elm[1.

Inanimate insignia. Beverage. Cranberry juice[1. Colors. Blue, green, cranberry[1. Dance. Square dance[1. Food. Cranberry,[2.

Boston cream pie,[3. Boston cream doughnut[3. Fossil. Dinosaur Tracks[3. Gemstone. Rhodonite[1.

Mineral. Babingtonite[1. Motto. Ense petit placidam sub libertate quietem(Latin)By the sword we seek peace, but peace only under liberty. Poem"Blue Hills of Massachusetts"[1. Rock. Rolling Rock[1. Shell. New England Neptune, Neptunea lyrata decemcostata[1. Ship. Schooner Ernestina[1. Slogan. Make It Yours,The Spirit of America[3.

Soil. Paxton[1. 5]Song"All Hail to Massachusetts"[1. Sport. Basketball[4. State route marker.

State quarter. Lists of United States state symbols. Massachusetts ( ( listen) or ), officially the Commonwealth of Massachusetts, is the most populous state in the New England region of the northeastern United States. It is bordered by the Atlantic Ocean to the east, the states of Connecticut and Rhode Island to the south, New Hampshire and Vermont to the north, and New York to the west. The state is named for the Massachusett tribe, which once inhabited the area. The capital of Massachusetts and the most populous city in New England is Boston. Over 8. 0% of Massachusetts's population lives in the Greater Boston metropolitan area, a region influential upon American history, academia, and industry.[4. Originally dependent on agriculture, fishing and trade,[4.

Massachusetts was transformed into a manufacturing center during the Industrial Revolution.[4. During the 2. 0th century, Massachusetts's economy shifted from manufacturing to services.[4. Modern Massachusetts is a global leader in biotechnology, engineering, higher education, finance, and maritime trade.[4. Plymouth was the site of the first colony in New England, founded in 1.

Pilgrims, passengers of the Mayflower. In 1. 69. 2, the town of Salem and surrounding areas experienced one of America's most infamous cases of mass hysteria, the Salem witch trials.[4. In 1. 77. 7, General Henry Knox founded the Springfield Armory, which during the Industrial Revolution catalyzed numerous important technological advances, including interchangeable parts.[4. In 1. 78. 6, Shays' Rebellion, a populist revolt led by disaffected American Revolutionary War veterans, influenced the United States Constitutional Convention.[5.

In the 1. 8th century, the Protestant First Great Awakening, which swept the Atlantic World, originated from the pulpit of Northampton preacher Jonathan Edwards.[5. In the late 1. 8th century, Boston became known as the "Cradle of Liberty"[5.

American Revolution. The entire Commonwealth of Massachusetts has played a powerful commercial and cultural role in the history of the United States.

Before the American Civil War, Massachusetts was a center for the abolitionist, temperance,[5. In the late 1. 9th century, the sports of basketball and volleyball were invented in the western Massachusetts cities of Springfield and Holyoke, respectively.[5. In 2. 00. 4, Massachusetts became the first U. S. state to legally recognize same- sex marriage as a result of the decision in Goodridge v.

Department of Public Health by the Massachusetts Supreme Judicial Court.[5. Many prominent American political dynasties have hailed from the state, including the Adams and Kennedy families. Harvard University in Cambridge is the oldest institution of higher learning in the United States,[5. Harvard Law School has educated a contemporaneous majority of Justices of the Supreme Court of the United States.[6. Kendall Square in Cambridge has been called "the most innovative square mile on the planet", in reference to the high concentration of entrepreneurialstart- ups and quality of innovation which have emerged in the vicinity of the square since 2. Both Harvard University and the Massachusetts Institute of Technology, also in Cambridge, have been ranked among the most highly regarded academic institutions in the world.[6. Massachusetts's public school students place among the top nations in the world in academic performance.[6.

Etymology[edit]. Prominent roads and cities in Massachusetts. The Massachusetts Bay Colony was named after the indigenous population, the Massachusett, likely derived from a Wôpanâak word muswach. Wôpanâak orthographic chart).[6. It has been translated as "near the great hill",[6. Blue Hills, or in particular the Great Blue Hill which is located on the boundary of Milton and Canton.[6. Alternatively, Massachusett has been represented as Moswetuset—from the name of the Moswetuset Hummock (meaning "hill shaped like an arrowhead") in Quincy, where Plymouth Colony commander Myles Standish, hired English military officer, and Squanto, part of the now disappeared Patuxet band of the Wampanoag peoples, met Chief Chickatawbut in 1.

The official name of the state is the "Commonwealth of Massachusetts".[7. While this designation is part of the state's official name, it has no practical implications.[7. Massachusetts has the same position and powers within the United States as other states.[7. History[edit]Pre- colonization[edit]Massachusetts was originally inhabited by tribes of the Algonquian language family such as the Wampanoag, Narragansett, Nipmuc, Pocomtuc, Mahican, and Massachusett.[7. While cultivation of crops like squash and corn supplemented their diets, these tribes were generally dependent on hunting, gathering and fishing for most of their food. Villages consisted of lodges called wigwams as well as longhouses,[7.

Colonial period[edit]In the early 1. Europeans, large numbers of the indigenous peoples in the northeast of what is now the United States were killed by virgin soil epidemics such as smallpox, measles, influenza, and perhaps leptospirosis.[7. Between 1. 61. 7 and 1.

Massachusetts Bay. Native Americans. The first English settlers in Massachusetts, the Pilgrims, arrived via the Mayflower[8.

Plymouth in 1. 62. Wampanoag people.[8. This was the second successful permanent English colony in the part of North America that later became the United States, after the Jamestown Colony. The event known as the "First Thanksgiving" was celebrated by the Pilgrims after their first harvest in the New World which lasted for three days. The Pilgrims were soon followed by other Puritans, who established the Massachusetts Bay Colony at present- day Boston in 1.

The Puritans, who believed the Church of England needed to be purified and experienced harassment from English authority because of their beliefs,[8. Massachusetts with the goal of establishing an ideal religious society.[8.