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Michael Roddan

Fund managers are the only golden ticket winners

The Significant Investor Visa program is but a paragon of Australia’s lazy reliance on easy cash from China

Financial Services Council boss Blake Briggs believes “facts, not conjecture” should guide Clare O’Neil’s review of the immigration system that is likely to kill off golden ticket visas for wealthy Chinese migrants.

Despite this, Briggs, writing in The Australian this week, was unusually selective as to which facts he deployed in his defence of the so-called Significant Investor Visa (SIV) scheme.

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Michael Roddan is a Walkley Award-winning national correspondent based in Sydney. He is a former business and economics reporter for The Australian. Connect with Michael on Twitter. Email Michael at m.roddan@afr.com

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    Original URL: https://www.afr.com/rear-window/fund-managers-are-the-only-golden-ticket-winners-20220921-p5bjo9