Chinese investment rebounds in Sydney
The Australian, 14 Nov. 2017
Cashed-up Chinese groups are pushing deeper into Sydney’s suburban offices and apartments with sites worth about $200 million changing hands, defying concerns about a year-on-year slump in Chinese outbound property investment in the third quarter.
Tax on empty foreign-owned homes passes parliament
The Australian, 15 Nov. 2017
Foreign owners of Australian property who leave their homes vacant are set to be charged thousands of dollars a year after the federal parliament passed its vacancy tax legislation.
Sydney's Riverwood becomes home to a 850-unit social/private housing project
AFR, 19 Nov. 2017
Sydney developer Payce Consolidated, designer Turner and the NSW government have replicated the winning formula of using public private partnerships to increase housing supply, coming together to build a four-hectare social and private housing project in Washington Park, Riverwood in Sydney's southwest.
Sydney housing stock builds as auctions clearances slow
AFR, 19 Nov. 2017
Auction clearance rates have eased back as investors pull out of the market, creating a build-up of stock especially in Sydney.
Wanda set to sell off $1.3b Circular Quay property development
SMH, 20 Nov. 2017
Beijing: Once China's richest man, Wang Jianlin, is reportedly selling out of Australia. His company Dalian Wanda, one of China's biggest property developers, is reported to have put its yet-to-be-completed luxury Circular Quay apartment project on the market.
Currency & Financial
Why a crash in China is about to devastate our economy
By Matt Barrie with Craig Tindale, 14 Nov. 2017
I RECENTLY watched the federal Treasurer Scott Morrison proudly proclaim that Australia was in "surprisingly good shape". Indeed, Australia has just snatched the world record from the Netherlands, achieving its 104th quarter of growth without a recession, making this achievement the longest streak for any OECD country since 1970.
Chinese Investment Plunges 51% But Remains Ambitious In Australia
The Urban Developer, 14 Nov. 2017
While China’s standing in the domestic and international real estate and investment market measure in the billions, the latest figures revealed their financial activity has almost halved since 2016.
ANZ: Higher interest rates could hit nine months from now
By Michael Mata, 15 Nov. 2017
Homeowners in Australia have nine months to prepare themselves for higher interest rates and tighter lending restrictions, according to ANZ economists David Wilson and Jo Masters, adding that Canada’s approach to its own real estate market should be seen as a roadmap.
Domain hits the ASX with a $2.2 billion valuation
AFR, 16 Nov. 2017
Smiling from ear-to-ear, the man known as The Cat rang the bell at the Australian Securities Exchange in Sydney at noon on Thursday and officially opened trade in shares of real estate classifieds and services business Domain.
Victoria Australia's top state economy, but NSW the real winner
SMH, 17 Nov. 2017
Victoria has Australia's top-performing state economy, but the real prizes have gone to NSW and South Australia.
Australian cherries: Deal allows airfreighting to China
The Weekly Times, 15 Nov. 2017
CHINA is ripe for the picking for Australian cherry producers.
Avocado prices to reach $4 as demand surges, supply falls short
Daily Telegraph, 19 Nov. 2017
AUSTRALIANS’ avocado addiction is set to push prices past $4 as supermarkets, cafes and sushi restaurants compete for supply that is going to fall short of earlier expectations.
Australian miners at two-week low after China iron prices tumble
Financial Times, 15 Nov. 2017
Iron miners sank to a two-week low in early trading in Australia on Wednesday following a 4.6 per cent plunge in iron ore futures.
Bombora Wave Power announces investment round for first commercial size mWave wave energy generator
Renewable Energy Magazine, 17 Nov. 2017
Australian wave energy generation company Bombora Wave Power Pty Ltd has announced it has raised a multimillion-dollar round of investment to support its first commercial-sized mWave wave power generator.
Retail & Tourism
Chinese Singles’ Day a great sales prospect for Aussie business, says new Australia Post chief
Herald Sun, 10 Nov. 2017
AN annual day-long shopping event in China should eventually create as much business for Australia Post as Christmas, according to the new head of the postal service.
ASX-listed daigou business AuMake Australia surges 25pc
SMH, 09 Nov. 2017
Investors have poured into Australia's only listed daigou business, boosting the share price more than 25 per cent this week, enthused by the company's recent acquisition spree.
CHINA-AUSTRALIA YEAR OF TOURISM RECORDS IMPRESSIVE GAINS
Macau Daily Times, 15 Nov. 2017
A major one-year long event to mark tourism between China and Australia looks set to record impressive gains, with the large numbers of travelers from both sides reflecting the growing importance of the sector.
Universities unite to put SA at the forefront of innovation, health and medical research
The Advertiser, 17 Nov. 2017
SOUTH Australia’s universities are investing millions in new facilities and increasing partnerships with each other to put the state at the forefront of medical and health research, fast-track innovation in new industries and increase student numbers.
Bella Hadid leads 2017 Victoria's Secret Show in Shanghai
Daily Mail, 20 Nov. 2017
The Victoria's Secret show has been steeped in controversy this year, amid reports that several models have been denied entry to China where the show is taking place, and angry locals protesting the event.
More than half of Chinese newborns are second children, state media report
South China Morning Post, 31 Oct. 2017
Over half the babies born in China in the first eight months of 2017 were second children, official media reported on Tuesday after the relaxation of the long-standing one-child rule.
Asian immigrants altering Aussie suburbs
Straits Times, 18 Nov. 2017
Groups of men sit in front of a branch of the Bank of China on a weekday afternoon and huddle around fast-moving games of xiangqi, or Chinese chess.