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Samurai In The Surf: The Arrival Of The Japanese On The Gold Coast In The 1980s PDF

249 Pages·2005·2.75 MB·English
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SAMURAI SURF The Arrival of the Japanese on the Gold Coast in the 1980s JOE HAJDU Pandanus Online Publications, found at the Pandanus Books web site, presents additional material relating to this book. www.pandanusbooks.com.au SAMURAI in the SURF SAMURAI in the SURF THE ARRIVAL OF THE JAPANESE ON THE GOLD COAST IN THE 1980S Joe Hajdu PANDANUS BOOKS Research School of Pacific and Asian Studies THEAUSTRALIAN NATIONALUNIVERSITY Cover: Gold Coast skyline and Pacific Ocean beaches.Photograph by Joe Hajdu © Joe Hajdu 2005 This book is copyright in all countries subscribing to the Berne convention. Apart from any fair dealing for the purpose of private study, research, criticism or review, as permitted under the Copyright Act, no part may be reproduced by any process without written permission. Typeset in Goudy 11.25pt on 14pt and printed by Pirion, Canberra National Library of Australia Cataloguing-in-Publication entry Hajdu, J. G. Samurai in the surf: The arrival of the Japanese on the Gold Coast in the 1980s ISBN 1 74076 115 4 1. Japanese — Queensland. 2. Investments, Japanese — Queensland — Gold Coast. 3. Tourism — Queensland — Gold Coast. 4. Gold Coast (Qld.). I. Title. 332.67352094 Editorial inquiries please contact Pandanus Books on 02 6125 3269 www.pandanusbooks.com.au Published by Pandanus Books, Research School of Pacific and Asian Studies, The Australian National University, Canberra ACT 0200 Australia Pandanus Books are distributed by UNIREPS, University of New South Wales, Sydney NSW 2052 Telephone 02 9664 0999 Fax 02 9664 5420 Production: Ian Templeman, Justine Molony, Emily Brissenden Every endeavour has been made to trace and acknowledge the copyright holders ofgraphicmaterial contained in this work. ThePublisher welcomes any advice on material not correctly acknowledged. Anyamnak, aki nelkul mind ez nem tortent volna meg… ACKNOWLEDGEMENTS NEEDLESS TO SAY this study would not have been possible without the cooperation and help of many people on the Gold Coast. This applies particularly to those who were kind enough to give me the time to sit down and discuss with me their views or the details of their involvement with Japanese property investment and development. Such people included Japanese investors, company representatives, developers, local real estate agents and property consultants, urban planners, architects, property valuers, financiers, academics, journalists, and community activists. The rich trove of facts, opinions, insights and anecdotes that came out of these discussions helped channel my investigation into ever more directions; and so enabled me to write a book of this nature. Other people in government or the property industry in Brisbane, Canberra, Sydney and Melbourne were equally helpful. Divers employees of the State Library of Victoria should also be mentioned. They supplied me unfailingly with folder after folder of newspapers, always getting the dates right and having them ready for me at the irregular times when I appeared to scan them. I would also like to record my appreciation of the encouragement and constructive comments made by Professor Bill Logan and Associate Professor Louise Johnson of Deakin University to an earlier incarnation of this manuscript. Their insights are apparent in many sections of this book. Finally, there was mother, Eta. She was an enthusiastic Gold Coast resident for twenty years and my visits to her provided the initial impetus for this whole project. Sadly, she is not here to see its completion. Joe Hajdu August 2004 CONTENTS Introduction 1 Chapter 1 Japan and the creation of itsbubble economy 12 Chapter 2 ‘Australia … so much sunshine … somuch space 31 … so cheap.’ Chapter 3 Japanese investors: doing it their way onthe Gold Coast 45 Chapter 4 Japanese investors: fromcompany executives to pop stars 72 Chapter 5 The Gold Coast gatekeepers and intermediaries: helpgiven to bond withJapanese buyers 104 Chapter 6 The Gold Coast oftheJapanese: postmodern glitz, packaged landscapes and the Beirut look 127 Chapter 7 Yen power stirs nationalangst 145 Chapter 8 Governments buffeted by cross-currents ofpublic pressure, interests and ideologies 175 Chapter 9 Postscript: the bubble bursts 198 Appendix 223

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