New rules could discourage off-the-plan buyers
Your Mortgage, 05 Feb. 2018
The Australian government's strategy to address the so-called phoenixing amongst development companies will make it complicated for property hunters to buy off-the-plan.
Apartment prices cut and buyer incentives boosted as developers struggle to sell
AFR, 05 Feb. 2018
Sellers are lowering prices on high rise inner-city apartments by up to 10 per cent, advisers are being offered $10,000 commissions to recommend apartment sales, builders are adding 'free' luxury fixtures and lenders are including new incentives – on top of record low rates – in a bid to revive flagging residential property markets, analysis of market offers reveals.
High property prices force one-in-five essential workers out of Sydney
AFR, 05 Feb. 2018
One-in-five teachers and emergency workers have been forced to relocate to outer and regional areas because rising property prices are outpacing their incomes and capacity to save a deposit, according to academic and banking research.
Mirvac profit falls on lower property revaluations, settlement timing
AFR, 08 Feb. 2018
Diversified property group Mirvac said it was on target to deliver its planned earnings growth despite residential earnings skewed to the second half of the year, but suffered a profit decline from a lower number of property revaluations.
Chinese buyers hit Melbourne in golden rush
News.com.au, 11 Feb. 2018
CHINESE buyers will this week descend on Melbourne for a property frenzy with the city’s outer suburbs and university precincts in their sights.
Currency & Financial
Bumper supplement firm takeovers just the beginning for Chinese investment into Australian industry: KPMG
Gary Scattergood, 05 Feb. 2018
Chinese investment into Australian health firms, including supplement manufacturers, will continue to grow as the country’s healthcare system matures and the population ages, analysts from KPMG are forecasting.
$67 billion in private equity targeting real estate opportunities in Asia
AFR, 06 Feb. 2018
More than $67 billion of private equity capital managed by funds will be targeting Australian, Chinese and Japanese property over the next three years, according to analysis by CBRE Group, a commercial real estate and investment company.
Australia at foreign investment crossroads, warns Adani boss
The Australian, 10 Feb. 2018
Adani’s local boss has warned that Australia is at a “crossroads” on foreign investment as mining union leaders urged Bill Shorten to tone down his criticism of the giant Indian energy producer.
2017 China wine imports: Australia and Georgia taking a leap
Decanter China, 05 Feb. 2018
China’s wine imports rose further in 2017, with Australian, Chilean and Georgian wines showing significant growth. Meanwhile, Higher average prices for bulk and sparkling wines suggest the market’s increased demand for quality.
New foreign ownership laws expose sales of farmland
The Weekly Times, 06 Feb. 2018
FARMERS looking to quietly sell their property will suffer most under tough new foreign investment rules on the sale of agricultural land, agents and buyers argue.
Iron ore exports to China from Australia's Port Hedland fall to six-month low
Reuters, 06 Feb. 2018
SYDNEY, Feb 6 (Reuters) - Iron ore shipments to China in January from Australia's Port Hedland terminal fell 11.3 percent from a month ago to 34.7 million tonnes, their lowest since July, port data released on Tuesday showed.
Retail & Tourism
How one Aussie start-up is opening the door to China through software
ARN Net, 05 Feb. 2018
With China central to the future success of Australia, Sinorbis is leveraging Alibaba Cloud to build software capable of bridging the gap
China's JD.com to open Australia office this month
AFR, 08 Feb. 2018
JD.com, the Chinese ecommerce giant founded by billionaire Richard Liu, will open its first office in Australia this month as it steps up expansion plans in the region and seeks to challenge Amazon's dominance of the booming online retail market in the western world.
Student accommodation tower on North Terrace and Frome St Corner in proposed development
Adelaide Now, 9 Feb. 2018
NO matter what finally gets built on the old Royal Adelaide Hospital site, students in a 34-storey accommodation tower directly opposite are going to have the best view of it.
Bond University Vice-Chancellor and President Tim Brailsford Talks Chinese New Year
Gold Coast Bulletin, 10 Feb. 2018
MANY Aussies will be partying with the Chinese community next week to celebrate the Chinese New Year.
Fake Boyfriends and Alibaba’s Bid to Clean Things Up
China Skinny, 25 Jan. 2018
For millions of Chinese, Spring Festival is the most magical of times. It’s the one holiday of the year they get to spend at home, catching up with nearest and dearest with the chance to demonstrate their success in the city through generous gifts and red envelopes. For countless others, it’s a time to dread. Single 20 and 30-somethings across the country return home with trepidation as parents, aunties, uncles and grandparents get ready to pry and lament at their lack of a lover.