The Wild Wild East 29 November 2017

 

Property

The Party Is Over for Australia's $5.6 Trillion Housing Frenzy

Bloomberg, 23 Nov. 2017

The party is finally winding down for Australia’s housing market. How severe the hangover is will determine the economy’s fate for years to come.

https://www.bloomberg.com/news/articles/2017-11-23/australia-faces-housing-hangover-twice-size-of-u-s-subprime-era

 

Queensland's property tax hit means some investors might have to sell

AFR, 24 Nov. 2017

New property taxes in Queensland - two of which were introduced by the Labor government two days before the state election - have made some owners consider selling out, with one landlord's land tax bill doubling. 

http://www.afr.com/real-estate/queenslands-property-tax-hit-means-some-investors-might-have-to-sell-20171023-gz6j5p

 

Australian regulator warns 'debt is easy to get into, hard to pay back'

Reuters, 21 Nov. 2017

SYDNEY (Reuters) - Australia’s banking watchdog warned against sky-rocketing household debt on Tuesday, urging banks to further improve lending standards as well as their understanding of borrowers’ spending patterns.

https://www.reuters.com/article/us-australia-regulator-housing/australian-regulator-warns-debt-is-easy-to-get-into-hard-to-pay-back-idUSKBN1DL0E1

 

Chinese Demand For Australian Residential Property Eases: RBA

The Urban Developer, 22 Nov. 2017

Chinese demand for Australian residential property has eased due to tighter capital controls imposed by the Chinese government and tougher restrictions on mortgage lending by local banks.

https://www.theurbandeveloper.com/chinese-demand-australian-residential-property-eases-rba/

 

Hotel giant Rydges announce plans to build a hotel at The Bend Motorsport Park.

The Advertiser, 25 Nov. 2017

MOTORSPORT fans will be able to enjoy racing from the luxury of their hotel rooms courtesy of a bold new tourism concept at Tailem Bend.

http://www.adelaidenow.com.au/news/south-australia/hotel-giant-rydges-announce-plans-to-build-a-hotel-at-the-bend-motorsport-park/news-story/c7c263f2af0e06838432b12a74c85617

 

Currency & Financial

Blackstone cautious on housing and debt but still playing the big deals

AFR, 22 Nov. 2017

The largest owner of real estate in the world, private equity group Blackstone, says there is a feeling of caution about Australian housing, and although it may soon lend to struggling home loan borrowers here, it is still yet to have any exposure to the Australian housing market.

http://www.afr.com/real-estate/blackstone-cautious-on-housing-and-debt-but-still-playing-the-big-deals-20171116-gzna1z


Sydney real estate agent John McGrath's great short

AFR, 21 Nov. 2017

Even John McGrath was concerned that Sydney was too hot. In early 2014, positioning his hugely successful real estate business for a share market float, the handsome, driven salesman worried that if Sydney property prices continued their phenomenal increase, a traumatic fall would be more likely.

http://www.afr.com/leadership/sydney-real-estate-agent-john-mcgraths-great-short-20171109-gzi6yv

 

Super funded corporate debt would make Australia more resilient to external shocks

AFR, 24 Nov. 2017

A vibrant domestic debt market, led by superannuation funds, will enhance Australia's standing as a financial sector and make the economy more resilient to external shocks, the nation's top bankers have argued.

http://www.afr.com/business/banking-and-finance/super-funded-corporate-debt-would-make-australia-more-resilient-to-external-shocks-20171124-gzs482

 


Agriculture

Hassad Australia sells three large properties to local buyers

The Weekly Times, 23 Nov. 2017

IN A reversal of the trend to corporate farming, a sizeable chunk of Middle Eastern agribusiness giant Hassad’s property portfolio has been split up and sold to 15 family farm operators.

http://www.weeklytimesnow.com.au/property/hassad-australia-sells-three-large-properties-to-local-buyers/news-story/a22cc51299eedd90d65a8f9423119381

 

Rinehart urges ag investment empathy for Australia's sake

Farm Weekly, 22 Nov. 2017

Australia is indeed a lucky country says Gina Rinehart, but it will be an increasingly unlucky place to live if we don’t actively invest in wisely using its abundant land, water and sunshine.

http://www.farmweekly.com.au/news/agriculture/general/news/rinehart-urges-ag-investment-empathy-for-australias-sake/2756249.aspx

 

Capital investment will underpin future red meat productivity, Alice Springs audience told

By Jon Condon, 24 November 2017

The need for greater capital and investor confidence to underpin future red meat sector productivity growth was a theme visited several times at Wednesday’s industry forums and annual meetings held in Alice Springs.

https://www.beefcentral.com/news/capital-investment-will-underpin-future-red-meat-productivity-alice-springs-audience-told/

 

AgCAP focuses on dairy after sale of Sustainable Agriculture Fund portfolio

AFR, 26 Nov. 2017

Fund manager AgCAP will next year start a fund focused on Australian dairy assets that it hopes will be worth up to $200 million within three years.

http://www.afr.com/real-estate/agcap-focuses-on-dairy-after-sale-of-sustainable-agriculture-fund-portfolio-20171124-gzsbor

 

Resources

Australia corporate solar market ready to boom, says New Energy Solar

Renew Economy, 23 Nov. 2017

The head of what will be Australia’s largest listed specialist solar investment fund is looking to tap into the growing interest from the corporate sector to make its first investments in Australia.

http://reneweconomy.com.au/australia-corporate-solar-market-ready-boom-says-new-energy-solar-22011/

 

New energy pipeline from Tasmania could boost renewables investment

SMH, 24 Nov. 2017

Tasmania is partnering with the Australian Renewable Energy Agency (ARENA) to begin work on a study for a second energy pipeline between the state and the mainland, creating new opportunities for renewables investment. 

http://www.smh.com.au/business/energy/new-energy-pipeline-from-tasmania-could-boost-renewables-investment-20171123-gzrzqd.html

 

 

Retail & Tourism

Alipay partners with Australian Tourism Export Council

ZD Net, 23 Nov. 2017

Alipay has formed a partnership with the Australian Tourism Export Council (ATEC) with the goal of expanding its mobile payments platform into the nation's tourism industry.

http://www.zdnet.com/article/alipay-partners-with-australian-tourism-export-council/

 

Victoria's surf coast wins $350m Cape Otway Road project

AFR, 22 Nov. 2017

An ambitious $350 million tourism, sport, retail and residential housing project has been announced for Victoria's surf coast.

http://www.afr.com/real-estate/commercial/victorias-surf-coast-wins-350m-cape-otway-road-project-20171121-gzq3nq

 

Amazon Australia site: Retailers with certain strengths can survive

The Courier Mail, 23 Nov. 2017

THE Amazon tsunami forecast to smash into the southeast Queensland retail sector is not all doom and gloom, with quality retail centres set to survive and possibly thrive.

http://www.couriermail.com.au/business/prime-site/amazon-australia-site-retailers-with-certain-strengths-can-survive/news-story/4748843cd813dfa1b98e0b9fb7f56ca0

 

Australia’s top Airbnb host made $5.3 million in the past year

Domain, 24 Nov. 2017

Top Australian hosts are earning far more than loose change for listing their spare room, apartment or house on popular accommodation site Airbnb, with one Sydney operator raking in $5.3 million in the past year.

https://www.domain.com.au/news/australias-top-airbnb-host-made-53-million-in-the-last-year-20171124-gzsgg4/

 

China moves against the Daigou with broad tariff cuts

AFR, 24 Nov. 2017

China unveiled a surprise round of tariff cuts for food products, clothes, cosmetics and consumer goods on Friday, in a move tomake a wider range of products available locally.

http://www.afr.com/news/economy/trade/china-moves-against-the-daigou-with-broad-tariff-cuts-20171124-gzsj37

 

Education

Australian students in top 10 on problem solving: PISA

AFR, 21 Nov. 2017

Australian schools perform strongly on a new global ranking which measures students' ability to work in teams.

http://www.afr.com/news/policy/education/pisa-collaborative-problem-solving-20171121-gzpusq

 

Australian universities: Time for fresh approach

The Australian, 22 Nov. 2017

The federal government should consider outsourcing university funding decisions to a new-look Commonwealth Tertiary Education Commission, University of Melbourne vice-chancellor Glyn Davis argues in a new book.

http://www.theaustralian.com.au/higher-education/australian-universities-time-for-fresh-approach/news-story/dded6c267facf4189730569371a9d750

 

China Domestic

Ming Xi Falls During VS Fashion Show 2017 in Shanghai, Recovers Like a Pro

Us Magazine, 21 Nov. 2017

UPDATED 11/21/17: Ming Xi spoke out on her Instagram after her spill to thank fans and fellow Victoria’s Secret models for their support. “I will pick myself up from where I fell, and I will keep going in order to repay all the support you all have given me!!” she concluded. You go, girl!

https://www.usmagazine.com/stylish/pictures/ming-xi-falls-vs-fashion-show-2017-shanghai-recovers-like-pro/