Original article by Paul Karp
The Guardian Australia – Page: Online : 10-Jan-23

The Productivity Commission recommended abolishing the significant investor visa in 2016, and Home Affairs Minister Clare O’Neil stated in September 2022 that the visa could be scrapped because it is not "adding value" to Australia. However, the Australia China Business Council has used its submission to a migration review to argue that these visas can generate significant economic benefits and should be retained. Some 2,300 significant investor visas have been granted since 2012, with migrants from Chinese receiving some 85 per cent of them.

CORPORATES
AUSTRALIA. PRODUCTIVITY COMMISSION,AUSTRALIA. DEPT OF HOME AFFAIRS,AUSTRALIA CHINA BUSINESS COUNCIL