Cashed-up Chinese immigrants looking for luxury
CASHED-UP Chinese consumers are buying big in the Sunshine State, with luxury cars rolling out the doors at a staggering rate.
Go QLD
Don't miss out on the headlines from Go QLD. Followed categories will be added to My News.
CASHED-UP Chinese consumers are buying big in the Sunshine State, with luxury cars rolling out the doors at a staggering rate.
Brisbane’s luxury car market is experiencing a major boom, thanks to affluent Chinese customers immigrating to Queensland.
What ideas and projects do you think will drive jobs and economic activity in Queensland?
Comment below, tweet using #GoQld or email goqld@news.com.au
James Frizelle’s Automotive Group has capitalised on the market shift by hiring Mandarin and Cantonese-speaking staff to cope with demand.
Asian buyers account for 40 per cent of all sales at the Springwood luxury business, with management creating 70 jobs thanks to the growing population.
Senior customer care consultant Daniah Medallada is fluent in Mandarin and was taken on to assist the rapidly growing Chinese customer base to choose the prestige models.
“In the last six months I’ve really seen the demand from Chinese customers grow, it’s amazing,” Ms Medallada said.
“I usually help translate for a customer at least once a day, and the frequency is constantly increasing because, like Australians, Chinese people love high-quality cars.”
According to Ms Medallada, her most discerning Chinese customers were also proficient hagglers.
She said that was a large point of difference between Australian and Chinese customers.
Mackay adds 10k jobs in a year
AFTER struggling with the impact of the downturn in the mining boom, Mackay’s jobless rate has dropped to the lowest in the state.
Garden City becomes ‘Too-boom-ba’
A $13 billion economic bonanza for Toowoomba has the city scurrying to lure new residents to fill jobs as a skills shortage looms.