Stamp duty surcharge ‘may put CBD residential development in jeopardy’
The Australian, 11 Dec. 2017
Foreign property investors are urging the South Australian government to grant them an exemption from a new surcharge on buying apartments in Adelaide’s CBD, warning that the market could otherwise collapse.
Property developer forges ahead with $1.5bn portfolio with HSF’s help
Australasian Lawyer, 11 Dec. 2017
Herbert Smith Freehills (HSF) is acting for a property developer on a portfolio in Sydney that will eventually be valued at over $1.5bn.
Sydney pulls Australian national house prices lower, ABS figures show
Domain, 12 Dec. 2017
Capital city house prices have fallen, driven by the sharpest fall in prices in Sydney in two years.
Australian housing markets hurt by Chinese capital outflow restrictions
Global Property Guide, 14 Dec. 2017
Restrictions on capital outflows have made it difficult for Chinese buyers to settle investments in Australian properties, forcing them to sell homes they have under contract at sharp discounts.
Currency & Financial
China businesses wary of Australia's 'suspicious attitude' amid political row
SMH, 12 Dec. 2017
Beijing: Chinese businesses are concerned that "anti-China" sentiment in Australia will put investments at risk or block Chinese energy deals, it has been reported.
Australia's Crown Resorts signs several deals to cut debt
The Business Times, 14 Dec. 2017
[SYDNEY] Australian casino operator Crown Resorts said on Thursday it had signed several deals to divest assets to cut debt, including selling interest in a site on the Las Vegas Boulevard for US$300 million.
Investments can be good Christmas gifts, Canstar expert says
News.com.au, 15 Dec. 2017
SHOPPERS stuck for Christmas ideas for loved ones could consider a gift that keeps on giving, in investment returns.
'Short-sighted': Chinese businesses fear backlash over Turnbull's interference claims
SBS, 16 Dec. 2017
Chinese businesses have warned that Australian politicians must stop using China as a political football or risk losing business.
China targets Kilikanoon in corker of a deal
The Australian, 12 Dec. 2017
This week that changed when the board of Changyu Pioneer, China's oldest winemaker, approved the purchase of 80 per cent of South Australia's prestigious Kilikanoon Estate.
Chinese take bigger stakes in Australian livex companies in 2017
By James Nason, 14 December 2017
A wave of direct investment by Chinese and other Asian companies into Australian livestock exporting businesses has been a prominent trend in the livestock export sector this year.
Richest Australian Gina Rinehart talks about Kidman ahead of first anniversary of takeover
The Advertiser, 17 Dec. 2017
AUSTRALIA’S richest person, Gina Rinehart, has outlined a multimillion-dollar investment in animal welfare and technology in the Kidman cattle empire ahead of the first anniversary of her takeover.
Chinese lining up for Australian agriculture businesses: HSBC
AFR, 17 Dec. 2017
HSBC says asset hungry Chinese businesses are lining up to invest in Australian agriculture because of food production quality and tariff reductions under the free trade agreement between the two countries.
China Energy’s Bid for Australian Energy Explorer AWE Challenged by Perth Firm
Bloomberg, 11 Dec. 2017
A bidding war has emerged for Australian oil and gas explorer AWE Ltd. after Perth-based Mineral Resources Ltd. made an all-share takeover offer, challenging an increased all-cash bid by China Energy Reserve & Chemicals Group Co.
Retail & Tourism
Chinese visitors push South Australia’s tourism spend to more than $1.1 billion
The Advertiser, 11 Dec. 2017
A “PHENOMENAL” surge in cashed-up Chinese tourists has helped lift annual spending by international visitors to South Australia to a record $1.1 billion, new figures show.
Chinese oust Kiwis as top visitors to Australia
The Australian, 11 Dec. 2017
Chinese tourists spent a record 10.3 billion buying Australian goods and services , positioning them as the nations most valuable and fastest growing inbound travellers over the past year.
Calls for regulation of universities partnering with military-linked foreign companies
The Guardian, 16 Dec. 2017
Australian academics have called for tougher rules around university partnerships with foreign corporations and researchers, including a potential list of banned entities with strong military links.
National treasures come alive on latest TV show
China Daily, 04 Dec. 2017
A large-scale cultural exploration program National Treasure made its debut on Channel 3 of China Central Television on Sunday night.
Gay or Nay: China’s Changing Attitudes Toward Homosexuality
Sixth Tone, 09 Dec. 2017
Fewer and fewer Chinese actively oppose equal rights for gay people.