Is Mike Baird aiming to turn Sydney into a major holiday resort for tens of millions of Chinese tourists? All the indicators are there that this is his intention.

Is the new airport at Badgerys Creek to be nothing more than a FIFO point connecting Sydney with China? With hundreds of Chinese tourist shuttle buses racing back and forth along the M4 ferrying them to/from their holiday apartments around Sydney Harbour, the beaches and national parks. That would make sense of why Chinese nationals are buying apartments off the plan as investment property: they can rent them as short term accommodation for all of those Chinese holiday makers.

Just image Sydney as equivalent to the Gold Coast during the vacation season. At its peak 80% of the population of Sydney would probably be Chinese. There's a popular saying amongst the Chinese in Australia: 'Aren't Australians dumb?'. I think they've got a point.

A history lesson from post 1987 share market crash. All through 1988 to October 1989, interest rates were extremely low compared to many years earlier. Many Queensland holiday developments were built. Street names were in Japanese. Japanese retirees were coming to Queensland.
After Paul Keating gave Australia the recession we had to have. All those Japanese retirees disappeared. Several years later it turned out that during 1980, The Nikki share market reached 40,000, suddenly crashing to 20,000. ABC television Lateline stories told how retirees were encouraged by bank managers to invest in bank shares. The resulting Nikki crash of 20,000 were mostly due to bank shares. Japanese retiree savings were lost, sending retirees back work, to support themselves.

If you have faith in Capitalism as I do, to steal people wealth. Time will change investors wealth outcomes.

I am concluding, capitalist boom dust cycles are intentional ways to encourage speculative development. Chinese are known for their gambling behaviours. Bigger the gamblers the bigger the losses.

Another assumption might be that media love scaring readers with invasion/immigration stories, "foreigners taking over the country", distracting readers from self-concerning intelligent understandings skilful thought.

Hi steve101,

So what's your point? (PS I don't believe too much in conspiracy theories. Things do happen because of human agency but not to the extent that capitalist fiends are creating every outcome. Conspiracy theories belong in the movies and spy novels).

I'm glad you mentioned that Chinese are big gamblers. That begins to make sense of the new international casino going into Barangaroo. I can just see those thousands of Chinese tourists heading for a night out at the casino after frolicking around Sydney all day. You can start to see just how much money Baird's tourist resort is capable of pulling in from all those wealthy Chinese tourists.

I reckon there will also be about six luxury cruise ships docked in Sydney Harbour every day of the year and another two dozen ships doing their two-week rounds of the South Pacific islands. All full to the brim with little Fongs.

Be thankful Mr. Opinion, because the downturn of mining and the economy in Australia may very well lead us to almost totally depending on tourism for our survival.

The bus loads of peaceful, polite, big-spending Chinese and other tourists equal big money for our economy.
Racism, leading to less tourists and investments here, won't give you the Australian lifestyle you are used to, money will...

Dear Suseonline,

I'm just pointing out that it looks as if Mike Baird's singular purpose in office is to turn Sydney into a gigantic holiday resort for Chinese tourists. But unlike you, I don't think any financial benefit will flow onto the locals unless they happen to be Chinese. The Chinese are extremely nationalistic and believe they are a superior race belonging to the world's oldest surviving civilisation. Haven't you ever wondered what the central purpose of the Chinese New Year is?

Don't expect to get treated nicely by the Chinese when Baird's holiday resort is up and running. Anybody who is not Chinese will be despised by the Chinese in just the same way the British settlers in Australia despised the Aborigines. And you can bet anything that the lion's share of profits from Baird's holiday resort will be channeled straight back to China. I think the Chinese will take great pleasure in dishing out the same sort of treatment that they received from foreigners during the later Qing dynasty.

Mr Opinion, unless all those Chinese tourists can find only Chinese-owned shops, accommodation and tourist spots in Sydney, then how on earth will they not spend money for the Australian economy's good?

You are not making any sense at all.
We need tourism badly, so get used to it.