The Wild Wild East 06 December 2017

Property

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.

https://www.yourmortgage.com.au/mortgage-news/nonmajor-to-offer-loans-to-overseas-property-buyers/244049/

 

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.

http://www.abc.net.au/news/2017-11-30/why-banks-dont-want-property-lending-to-fall-under-scrutiny/9211376

 

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.

http://www.news.com.au/finance/real-estate/sydney-nsw/nsw-real-estate-chinese-aussies-keen-home-buyers/news-story/ef844c0ddec1083717ef3f8edf926b4c

 

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.

https://www.domain.com.au/money-markets/most-property-investors-believe-past-performance-is-a-guide-to-future-20171201-gzvrgk/

 

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.

http://www.theaustralian.com.au/news/nation/big-household-debt-puts-australia-at-risk-global-bank-authority/news-story/a93cc5e5351db6e2c59d593899ad02fa

 

 

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.
http://www.afr.com/business/banking-and-finance/financial-services/foreign-property-buyers-feel-sa-sting-of-dumped-bank-tax-20171128-gzut7t

 

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.

https://www.lowyinstitute.org/the-interpreter/converging-approaches-chinese-investment

 

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.

http://www.afr.com/business/health/rong-yu-joins-swelling-ranks-of-chinese-firms-headed-to-asx-20171130-gzwl3o

 

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. 

http://www.theaustralian.com.au/business/opinion/robert-gottliebsen/why-the-trump-tax-reforms-are-scary-for-australia/news-story/5f94b4f951b5c574179567e23b421104

 

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.

http://www.theaustralian.com.au/business/dataroom/chinese-on-lookout-for-deals-after-slowdown/news-story/181c585f1f76064a468732288a71f83d

 

 

Agriculture

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.

https://www.paulickreport.com/news/the-biz/australia-hears-positive-reactions-first-chinese-internship-program/

 

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.

http://news.xinhuanet.com/english/2017-11/27/c_136781946.htm

 

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.

https://www.intheblack.com/articles/2017/12/01/agriculture-cant-draw-investment

 

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.

http://www.abc.net.au/news/rural/2017-12-03/changing-face-of-northern-cattle-industry/9217754

 

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.

http://www.smh.com.au/business/regional-victorian-company-viplus-dairy-gains-major-china-breakthrough-20171203-gzxlgd.html

 

 

Resources

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.

http://www.abc.net.au/news/2017-11-30/adani-china-government-would-have-to-sign-off-on-loans-for-mine/9209188

 

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.

http://www.theaustralian.com.au/business/economics/mining-downturn-over-new-figures-indicate/news-story/c5e7a1f99730f705a0c68090f35219f0

 

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.

https://www.reuters.com/article/us-china-lng/china-lng-imports-set-to-hit-record-in-november-push-up-prices-idUSKBN1DT0ON

 

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.

http://www.abc.net.au/news/2017-12-03/chinese-banks-not-interested-in-financing-adani-carmichael-mine/9221750

 

 

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.

http://www.news.com.au/finance/business/retail/daigou-retailer-aumake-opens-flagship-george-street-store-as-aussie-brands-beg-to-be-stocked/news-story/1b2a9ea0a7291906f89476d44d815b79

 

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.

https://jingtravel.com/rising-chinese-demand-send-tour-prices-in-australia-and-new-zealand-soaring/

 

 

Education

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.

https://www.uq.edu.au/news/article/2017/11/uq-hosts-china-australia-university-summit-teaching-and-learning

 

 

China Domestic

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.

http://edition.cnn.com/2017/11/30/entertainment/liu-yifei-disney-mulan-live-action/index.html