Non-major to offer loans to overseas property buyers
Your Mortgage, 27 Nov. 2017
Better Choice Home Loans, a Southport-based mortgage lender, has revealed it will soon be launching a mortgage product for overseas property buyers.
Banking royal commission: Why banks don't want property lending scrutinised
ABC Online, 30 Nov. 2017
After a fortnight of attempting to whip up alarm with customers, with claims a bank inquiry would force interest rates higher, the boot is on the other foot.
NSW real estate: Chinese Aussies keen home buyers
News.com.au, 01 Dec. 2017
CHINESE Australians are home free in the housing market — buying property at a faster rate than other Aussies.
Most property investors believe past performance is a guide to future
Domain, 01 Dec. 2017
Over half of Australian property investors are breaking the golden rule of investing – they use past performance as a guide for future success.
Big household debt puts Australia at risk: global bank authority
The Australian, 04 Dec. 2017
The global central banking authority has warned that Australias high level of household debt is putting future economic growth in jeopardy and risking the stability of the bankingsystem.
Currency & Financial
Foreign property buyers feel SA sting of dumped bank tax
AFR, 29 Nov. 2017
Foreign property buyers will feel the sting of the decision by the South Australian Government to dump its controversial state-based bank tax in a move which property experts say will dampen demand in a market which hasn't experienced the boom of Sydney and Melbourne.
Converging approaches on Chinese investment
Lowy Institute, 01 Dec. 2017
Although both have been very open to foreign investment, Australia and the United Kingdom have for decades championed quite different regulatory approaches. In the UK very few foreign investment proposals require government scrutiny. In Australia, at least in principle, a great many do – though the result in both cases is to permit the vast majority of investments.
Rong Yu joins swelling ranks of Chinese firms headed to ASX
AFR, 03 Dec. 2017
A Chinese pharmaceutical company whose products are based on the principles of traditional Chinese medicine is the latest among a flood of companies aiming to list on the ASX to fuel growth aspirations in their home country.
Why the Trump tax reforms are scary for Australia
The Australian, 03 Dec. 2017
The Trump American taxation revolution is set to be a reality following the weekend approval by the US Senate. The globalised world will change and Australia will be one of the countries most affected.
Chinese on lookout for deals after slowdown
The Australian, 30 Nov. 2017
Interest from Chinese corporates in buying into Australia is on the rise again, after a pronounced slowdown on dealmaking was ordered by the mainland authorities earlier this year.
Australia Hears Positive Reactions To First Chinese Internship Program
Press Release, 26 Nov. 2017
Thoroughbred Breeders Australia's first Chinese internship program comes to an end on Monday (November 27). A group of eight interns spent the past two weeks in the Hunter Valley, where they visited many of the region's leading farms, including Widden Stud, Coolmore, Yarraman Park, Newgate and Darley.
Chinese demand drives Aussie citrus industry boom
Xinhua, 27 Nov. 2017
CANBERRA, Nov. 27 (Xinhua) -- Australia's citrus fruit industry has experienced a boom on the back of high demand from China, a recent report by Citrus Australia revealed.
Why Australian agriculture can't draw investment
In The Black, 01 Dec. 2017
With Asia’s expanding middle class hungry for its produce, you’d think Australia’s agricultural sector would have institutional investors lining up to plough money into future growth – but they’re not.
Ownership of northern cattle stations changes as corporate heavyweights seek investment
ABC Online, 03 Dec. 2017
A breakdown of cattle station ownership has revealed the changing face of the northern pastoral industry, with family owned-and-operated stations in decline following a string of big-budget buy-ups by corporates.
Regional Victorian company ViPlus Dairy gains major China breakthrough
SMH, 03 Dec. 2017
A regional Victoria-based company, ViPlus Dairy, says it has become the first Australian producer of locally made infant formula products to gain regulatory approval to sell infant formula in China from January onwards in any channel under a tough new regulatory regime from 2018.
Adani: Chinese Government denies receiving application to fund Carmichael mine
ABC Online, 30 Nov. 2017
As Adani angles for Chinese money for its giant coal mine in North Queensland, China's Australian embassy has made clear that any backing from Chinese state enterprises would need central government approval.
Mining downturn over, new figures indicate
The Australian, 30 Nov. 2017
Australia's economy has pulled clear of a mining investment downturn that held back economic growth for half a decade, bolstering forecasts for a healthy expansion in 2018.
China LNG imports set to hit record in November, push up prices
Reuters, 29 Nov. 2017
SINGAPORE (Reuters) - China’s imports of liquefied natural gas (LNG) are set to hit record levels in November, with demand due to peak over the cold winter months as millions of households shift from burning coal for heating to using gas, driving up prices for the fuel.
Adani: Chinese banks not interested in financing Carmichael mine project
ABC Online, 04 Dec. 2017
Adani's controversial Carmichael mine has been dealt another blow after one of China's major banks said it would not bankroll the project.
Retail & Tourism
Daigou retailer AuMake opens flagship George Street store as Aussie brands beg to be stocked
News.com.au, 27 Nov. 2017
THE head of Australia’s first-ever retailer dedicated to servicing the rapidly growing “daigou” trade hopes scenes of Chinese shoppers stripping supermarket shelves of baby formula to send overseas will soon be a thing of the past.
Rising Chinese Demand Send Tour Prices in Australia and New Zealand Soaring
Jing Travel, 27 Nov. 2017
A growing number of flights between China and popular destinations in Australia and New Zealand have led to increased demand for accommodation and tours in these destinations. The increased demand has sent tour fees soaring for the January to March summer season—also the peak season for travel to Australia and New Zealand.
UQ hosts China-Australia University Summit on Teaching and Learning
UQ News, 27 Nov. 2017
Senior academics from China Nine and Australia’s Group of Eight universities will gather at The University of Queensland today (November 27) for the fourth China-Australia University Summit on Teaching and Learning.
Disney finds lead for live-action 'Mulan'
CNN, 30 Nov. 2017
Chinese actress Liu Yifei, also known as Crystal Liu, has scored the title role in the live-action version of "Mulan," Disney confirmed to CNN.