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. Wednesday 1. 4th at midnight. It can also be seen on ABC News 2. Watch Older Than America Instanmovie.

Saturday at 8. 0. ABC iview and at abc.

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.

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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.

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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.

Kyle Sandilands - Wikipedia. Kyle Sandilands. Birth name. Kyle Dalton Sandilands. Born(1. 97. 1- 0. June 1. 97. 1 (age 4.

Brisbane, Queensland, Australia. Show. The Kyle and Jackie O Show. The Kyle and Jackie O Hour of Power. Station(s)2. Day FM, KIIS 1. Mix 1. 01. 1, Fox FM (Melbourne)Time slot. Style. Host, shock jock.

Country. Australia. Previous show(s)Big Brother Australia, The X Factor, Australia's Got Talent, Australian Idol. Spouse(s)Tamara Jaber (m. 2.

Imogen Anthony (m. 2. Websitekingkyle. com. Kyle Dalton Sandilands (born 1.

June 1. 97. 1) is an Australian radio and TV personality. He is currently the co- host, with Jacqueline Henderson, better known as Jackie O, of the weekday morning radio program The Kyle and Jackie O Show on Sydney's radio station KIIS 1.

This is Sydney's number one FM radio show. From 2. 00. 5 to 2. Sandilands served as a judge on Australian Idol. In 2. 00. 8, he became the host of Big Brother, alongside Jackie O. In 2. 01. 0, he became a judge on Australia's Got Talent and also on Australia's version of The X Factor. Sandilands has become known for controversial on- air stunts and offensive comments.[1] This has led to companies removing their advertisements, findings of serious breaches[2] of the Industry Codes of Practice and Guidelines, and led to him being sacked from Australian Idol. Sandilands and co- host Jackie O moved to new station KIIS 1.

The Kyle and Jackie O Show, to the ARN (Australian Radio Network). In 2. 01. 4, Sandilands made his first appearance in a motion picture in Fat Pizza vs. Housos. The film was first shown in Australian cinemas on 2. November 2. 01. 4.[3][4]Sandilands landed his first radio job with a Brisbane station by using a false resumé to impress one of the station's executives.[5] In 1. Sydney, and commenced at 2. Day FM as host of the Hot. Countdown, replacing "Ugly Phil O'Neil", a former husband of Henderson (Jackie O).

Sandilands attributes his radio career taking off to being told by then Group Program Director Jeff Allis to "do whatever you want, just win".[6] Sandilands revealed he was paid $2. Hot. 30.[7]Much media coverage of Sandilands has focused on the negative aspects of his personality and behaviour, notably his widely publicised clashes with and criticism of other media figures, his intemperate on- air outbursts and his alleged "out of control" ego.[8] In September 2. Sandilands was named the most hated Australian identity in a Zoo Weekly article,[9] although on 1. October 2. 00. 6, Sandilands and Henderson were named "Best On- Air Team" at the Australian Commercial Radio Awards.[1. Sandilands and Jackie O were again named "Best On- Air Team" at the Australian Commercial Radio Awards in 2. In August 2. 00. 9, The Kyle and Jackie O Show was put into "indefinite recess" by the Austereo network as a result of a controversial on- air stunt on his morning show on 2.

July 2. 00. 9.[1. Watch The Sisterhood Of The Traveling Pants 2 Streaming. He returned to his radio show on 1. August 2. 00. 9 but was suspended on 9 September 2. Magda Szubanski.[1.

In the same year he was again named the most hated by Zoo Weekly.[1. Sandilands and Henderson were the hosts of the nationally syndicated chart show The Hot Hits, before swapping host roles with Andrew Günsberg in December 2. Take. 40 Australia, but left the show at the end of 2. Television[edit]Australian Idol[edit]In 2. Sandilands replaced Ian "Dicko" Dickson as one of the judges on Network Ten's Australian Idol. He continued as a judge on Idol until, just before the premiere of its seventh season, he was dropped from the show in August 2.

He was involved in a number of controversies relating to remarks to contestants as his stint as a judge. In October 2. 00. Idol winner Kate De. Araugo's arms as "tuckshop lady arms".[1. In September 2. 00.

Sandilands told 2. Jessica Mauboy to lose her "jelly belly".[1. A year later, Sandilands referred to contestant Bobby Flynn as a "mong" – a derogatory slang term for mongoloid, referring to people suffering from Down syndrome. Sandilands claimed that he meant no disrespect to those with Down syndrome.[1. On 3 August 2. 00. Network Ten issued a press statement announcing that Sandilands had been sacked from Australian Idol, citing the network's view that the Kyle and Jackie O Show's content was incompatible with the family- oriented image of Idol.[1. Big Brother[edit]In 2.

Sandilands competed in the only Australian series of Celebrity Big Brother. He finished 3rd on day 2. On 1. 4 July 2. 00. Sandilands appeared on the 2. Australian season of Big Brother. In an attempt to boost poor ratings and to promote the 2. Australian Idol, Sandilands entered the Gold Coast compound and was due to conduct his radio program in house on that Monday morning.[1.

However, after a heated verbal exchange with Big Brother, Sandilands reportedly required anti- nausea injections for migraines and began vomiting every 3. He left the house soon after.[2. In 2. 00. 8, Sandilands and Henderson became the hosts of the 2. Big Brother replacing Gretel Killeen.

The ratings for the launch of the 2. Network Ten ultimately confirmed that it would not continue past the current season.[2. Ticking Clock Movie Watch Online. Australia's Got Talent[edit]In January 2.

Sandilands and Brian Mc. Fadden would be the new judges on the fourth season of Australia's Got Talent, replacing former judges Tom Burlinson and Red Symons. During one of the show's auditions, Sandilands was involved in another controversy relating to a contestant on the show. He had asked contestant Heather Cook, "Are you male or female?" When Cook tried to make light of the question, Sandilands then made a joke about her weight, saying, "You're a belly full of laughs". Sandilands added he wasn't hired to be "bland and boring", and that he was just being honest.[2. The X Factor[edit]In May 2. Sandilands would become one of the new judges on the second season of The X Factor Australia, alongside other new judges Ronan Keating, Guy Sebastian and Natalie Imbruglia.[2.

On 1. 6 March 2. 01. Sandilands announced on his breakfast radio show that he would not be returning as a judge in the third series of The X Factor.[2. He was replaced by Mel B. Meet the Hockers[edit]In 2.

Sandilands narrated the reality television program Meet the Hockers, a show similar to Pawn Stars, which he also produced. The series debuted on 9. Go! on 1. 6 May 2. Controversy[edit]In July and August 2. Sandilands was accused of "cooking the charts" by giving airplay to "Ooh Ahh" (a song by his then- girlfriend, Tamara Jaber).

The allegations were made on TV current affairs program Today Tonight. In 2. 00. 6 Sandilands won a defamation suit, with the court ruling that Today Tonight had defamed the radio host.[2. On 2 July 2. 00. 7, Sandilands and Jackie O were involved in an on- air clash with Australian music personality Molly Meldrum, who described Sandilands as "arrogant", "fat" and "talentless".[2. On 2. 0 August 2. Media Watch examined Sandilands' on- air comments asserting that smoking was not as harmful to people as many institutions would lead people to believe and that the statistics presented by these institutions are falsified. These comments led to the Cancer Institute of New South Wales pulling their "1. QUIT" advertisements off the network.[3.

Enough Rope interview[edit]On 2. August 2. 00. 7 Sandilands was interviewed by Andrew Denton for Enough Rope.

During the interview Sandilands said he wanted to "punch Dave Hughes in the throat" next time he saw him.[3. This was in response to Hughes' reference to Sandilands as a "dickhead" on another program.[3.