The United States holds the most foreign investment assets in Australia overall, followed by the United Kingdom, with significant but varied ownership in specific sectors like agricultural land where the UK and China are major players, while Asian investments, particularly Chinese, have grown substantially in recent years.
Largest foreign owners
China holds a 2.1pc share or 7.596m ha (759,000ha freehold and 6.836m ha leasehold) after divesting 190,000ha last year. The United Kingdom closely followed with 2pc or 7.325m ha (824,000ha freehold and 6.5m ha leasehold) after purchasing an additional 30,000ha during the year.
Which economies invest in Australia? The United States and United Kingdom are the biggest investors in Australia, followed by Belgium, Japan and Hong Kong (SAR of China).
The person who holds the most land in this pastoral-lease data, by far, is the Western Australian mining magnate Gina Rinehart, who controls 9.2m hectares, or 1.2% of Australia's landmass, through three different corporate entities. The biggest corporate landholder is the ASX-listed Australian Agricultural Company.
Buying assets in Australia
Australia has about 400 million hectares of agricultural land and about 14 per cent is foreign-owned. China is fourth on the list of countries with property in Australia with just 2.2 per cent, much less than the Netherlands, the US, and the UK.
Gina Rinehart is often cited as Australia's largest private landowner, controlling millions of hectares through her Hancock Prospecting and other interests, primarily for mining and cattle, but ownership is complex with vast areas held under lease and significant land also owned by large corporations like the Australian Agricultural Company and First Nations groups, notes The Guardian and A-Z Animals.
No, Australia is not 90% white; while a large majority identify with European ancestry (around 76-80% in recent years), a significant and growing portion identifies as Asian, African, Middle Eastern, or Indigenous, making it a highly multicultural nation with diverse ethnic backgrounds, not overwhelmingly white. Recent census data shows European ancestry (English, Irish, etc.) makes up a large chunk, but Asian ancestries are also substantial, with over 17% Asian population and around 3.8% identifying as Aboriginal or Torres Strait Islander, per the 2021 census data from Wikipedia.
Wealth among the wealthiest growing 'much faster'
According to 2024 statistics from the Australian Council of Social Service (ACOSS) and UNSW, the wealthiest 10 per cent of households in Australia own 44 per cent of all wealth, with an average of $5.2 million per household.
"FDI lending accounts for more than three quarters (77 per cent) of China's official sector lending portfolio in Australia," Ms Escobar said. "[Australia] has received Chinese FDI loans worth more than $US100 billion, as compared to the US, which has received less than $US75 billion."
At most, 2 per cent of the total housing stock is foreign-owned—and just 0.75 per cent of total sales in 2021 went to foreign buyers. While it's intuitive to assume all foreign ownership of housing adds to the total demand of the domestic housing market, there are many situations that it does not.
Close ties with England and New Zealand remain
England still holds the largest proportion of overseas born population despite having fallen from a share of 32.7 per cent in 1971 to 12.9 per cent in 2021. The actual number of people born in England has increased by 77,614 people since 1971.
Turning $5,000 into over $400,000 requires significant time, consistent investing (especially in growth assets like stocks/ETFs), and the magic of compound interest, potentially combined with regular additional contributions. Key strategies include starting early, investing in diversified portfolios (like index funds), reinvesting dividends, and staying disciplined for decades, as this growth happens exponentially over the long term.
A significant portion of Australians, around 40-45% (over 9 million people), have less than $1,000 in savings, highlighting widespread financial vulnerability due to high living costs, with many living paycheck-to-paycheck and facing major stress from unexpected expenses. This contrasts with median savings figures, where some reports show Australians having tens of thousands saved, though these averages are skewed by "super savers" and exclude superannuation.
Native Title — which can include both exclusive and shared rights — covers about 40 per cent of Australia. However, it is not the same as full private ownership and can coexist with other rights, such as pastoral leases. In some cases, different Aboriginal groups can exercise Native Title rights over the same area.
Yes, China has one of the world's highest homeownership rates, often cited as around 90% or even higher (87% urban, 96% rural), driven by post-1998 housing reforms that privatized public housing and strong cultural emphasis on property as stability and a prerequisite for marriage. However, this figure can be misleading; it primarily counts those with urban household registration (hukou), often excluding many migrant workers, and while ownership is high, many face significant mortgage burdens, and the land itself remains state-owned.
Foreign investment hit $4,970.6 billion, up from $326.9b in 2023. Of that, the top investment preferences were in debt ($1,631b), followed by direct investment ($1,280b) and equity ($885b). Over the past five years, the United States has remained the biggest investor in Australia, contributing $1,355b.
Australian Government debt is owned by a range of Australian and international investors. The AOFM provides information on the share of AGS on issue owned by non-residents.
If you are an Australian tax resident and you have an account in a financial institution overseas, we will receive your information from the tax authority of that jurisdiction. All information reported under these laws is handled in the strictest confidence by the ATO and foreign tax authorities.
A trade collapse with China could mean higher costs for households, increased inflation, and a level of economic uncertainty that Australia hasn't seen since the early 1990s recession.
While exact real-time figures vary, estimates from around 2025 suggest approximately 400,000 to over 500,000 Australians held over $1 million in superannuation, with about 2.5% of the population reaching this milestone as of mid-2021, a figure that has likely grown with strong investment returns, though many more hold significant balances and millions are projected to reach this goal by retirement, especially men.
The richest country by GDP (PPP) per capita is often cited as Singapore, followed closely by Luxembourg, depending on the specific report and year, with Singapore leading in 2025 estimates with around $156,000-$157,000 per person, while Luxembourg is a strong contender just below that, highlighting small, finance-heavy economies as wealthiest per person.
Yes, $600,000 can be enough to retire at 60 in Australia for many, especially if you're a single person aiming for a comfortable lifestyle, but it depends heavily on your spending, assets, and eligibility for the Age Pension. While some sources suggest $600k covers a single's comfortable retirement (around $52k-$53k/year), it's near the lower end, and couples might need closer to $700k for a similar standard, making financial planning crucial for a stress-free retirement.
The largest immigrant group in Australia has historically been people born in England (United Kingdom), remaining the top country of birth for overseas-born residents for many years, but people born in India have seen the largest growth and are now the second-largest group, with China and New Zealand also having significant populations. While the UK still leads overall as the single largest community, recent trends show a significant shift towards Asian countries, especially India, in terms of new migrants and population growth.
More than 80% of our plants, mammals, reptiles and frogs are unique to Australia and are found nowhere else in the world. Some of our Australian animals are very well known like kangaroos, dingos, wallabies and wombats and of course the koala, platypus and echidna.
82% of people in England and Wales are White, and 18% belong to a Black, Asian, Mixed or Other ethnic group (2021 Census data). Find information about the experiences and outcomes of people from a variety of ethnic backgrounds.