If you're worried about Australia's housing affordability crisis, look at China
AFR, 31 March 2017
When considering the issues around housing the focus should be less on raw prices and more on affordability. And in this area, Australians are relatively well off compared to those living in China.
Real estate: Mortgage costs to rise as APRA hints at further home loan crackdown
ABC Online, 7 April 2017
Prepare yourself for higher home loan interest rates. In a move likely to further push up mortgage costs, the bank regulator has flagged further actions that will put a handbrake on home lending, this time by insisting the banks hold bigger reserves in case the economy and the housing market turns ugly.
Australia: Our take on residential pre-sales in Australia
Mondaq, 4 April 2017
This is the first in a 4-part series of articles on pre-sales in the residential property development sector in Australia.
Australia's corporate watchdog targets soaring home prices, lending
The Economic Times, 03 April 2017
SYDNEY: Australian home prices hit new records while building approvals jumped the most in seven months, latest data out on Monday showed, even as regulators launched new measures to cool the red-hot property market.
Sydney real estate ‘cheap’ and there’s no bubble, says global head of residential at Knight Frank
Domain, 6 April 2017
Sydney real estate is cheap and the Australian market is not experiencing a bubble, according to a senior executive at one of the world’s largest property consultancies.
NAB offers trips, cash, vouchers to property buyers
AFR, 5 April 2017
National Australia Bank is set to offer property buyers free flights, household items, gift cards and cash-back incentives to encourage more lending as the nation's regulators struggle to cool overheating property markets.
Property deterrents prove ineffective
The Australian, 5 April 2017
From Australia to Canada, authorities are learning a hard lesson in their efforts to curb the foreign money flooding their property markets: deterrents quickly lose their punch.
Port Adelaide Football Club secures major sponsorship from Chinese-backed developer Greaton
The Australian, 02 April 2017
THE Port Adelaide Football Club has secured major sponsorship from a Chinese-backed developer spearheading more than $1.2 billion of hotel and apartment developments in Adelaide and Sydney.
Yuhu Group snaps up $23m site on Sydney’s north shore
The Australian, 03 April 2017
The Yuhu Group, which is led by billionaire Xiangmo Huang, has snapped up another site on Sydney’s north shore, buying an office and retail property in Northbridge for $23 million.
Blocked Beijing buyers ‘to look to Australia’
The Australian, 06 April 2017
Beijing’s move this week to further dampen speculation in the city’s overheated housing market will see investment dollars continue to flow out of China, stoking Sydney and Melbourne’s seemingly unstoppable housing prices, according to former Macquarie Group executive Bill Moss.
Financiers step in as banks slow property lending
AFR, 06 April 2017
Local financiers and foreign banks are moving in to fill the gap left as the major banks tighten credit for the commercial property market, an industry forum has heard.
Currency & Financial
Australian Dollar Looks Set To Struggle, March Lows In View
Daily FX, 07 April 2017
Obviously last Friday’s US strike on Syria makes any sort of near-term financial forecast more difficult but, from what we know so far, it’s likely to weigh on the Australian Dollar.
Agriculture & Food
Bellamy's Australia issues China registration update
Just Food, 3 April 2017
Infant formula maker Bellamy's Australia has said its 'Australian label' products sold through Australian retail, the daigou channel and China cross-border e-commerce "will not be impacted" by the firm missing a 2018 deadline to register some of its products for sale in China.
By RJ Whitehead , 03-Apr-2017
China’s third biggest wine company could soon become the first ever to vertically integrate its production between Australian vineyards and its home market.
Chinese company Tianmei Beverage Group seeks Australian food and beverage partners
Weekly Times, 4 April 2017
A CHINESE company that recently listed on the Australian Securities Exchange is seeking partnerships with Australian food and beverage producers to sell their products in China.
Global giants KPMG, Bosch invest in Australian-developed agricultural technology
ABC Online, 10 April 2017
Global finance and manufacturing companies KPMG, Bosch and Agfunder are investing in an Australian-developed agricultural technology company to the tune of millions of dollars.
Chinese and Australian universities collaborate with FMG on mining sector innovation
ABC Oneline, 7 April 2017
An iron ore miner and Chinese and Australian universities have formally joined forces to launch a mining and cooperation innovation research model.
Retail & Tourism
Qantas finds tonic in Cathay's poison as Chinese tour Australia
SMH, 6 April 2017
The flood of cheap Chinese airfares that's undoing Cathay Pacific Airways is proving a boon for Qantas.
China to see robust consumer spending driven by lifestyle upgrades: Report
Xinhua, 28 March 2017
China is expected to see robust consumer spending driven by lifestyle changes this year, according to a report released Tuesday.
Millennials Turn Anti-Graft TV Show Into Gay Fan Fiction
Sixth Tone, 07 April 2017
Anti-corruption TV show “In the Name of the People” is a hit among Chinese people of all ages, but young fans are enjoying the show in their own way — with funny rewrites, meme-like chat app stickers, and bromantic fan fiction.
China’s consumers hate Airbnb’s new Chinese name so much that they are brainstorming a new one
Quartz Media, 22 March 2017
On Wednesday (March 22) the home-sharing service announced it would be known as “Aibiying,” or 爱彼迎, in China. The Chinese name translates as “welcome each other with love,” a reflection of Airbnb’s mission to bring together people from communities all around the world, the company explains in a statement.
The Documents Are the China Deal
China Law Blog, 02 April 2017
Long ago, I once said on here that if we get at least three emails on a particular topic, we will write about it. I long ago received three emails on the Wall Street Journal article Did Xie Zhikun’s Nearly $1 Billion Go Missing? A Private-Equity Mystery but I am just now getting around to writing about it.