The Wild, Wild East 27 March 2017

Property

Chinese buyers not deterred by Australia real estate tax

OPP.TODAY, 24 March 2017

Up to 80% of foreign property demand in Australia is from China and despite numerous impediments, they are set to continue to grow.

http://www.opp.today/chinese-buyers-not-deterred-by-australia-real-estate-tax/

 

Why Chinese investors keep buying Australian property: it's cheap

ABC News, 24 March 2017

It is said real estate is all about "position, position, position".

http://www.abc.net.au/news/2017-03-24/why-chinese-investors-keep-buying-australian-property/8385174

 

The Chinese development partner for the Old Royal Adelaide Hospital site has long term plans for engagement with South Australia

The Adviser, 21 March 2017

THE Chinese development partner in the Old Royal Adelaide Hospital project is “very eager” for the project to progress, signalling that it was keen to partner on further large infrastructure and development projects once a successful first investment had been made.

http://www.adelaidenow.com.au/business/the-chinese-development-partner-for-the-old-royal-adelaide-hospital-site-has-long-term-plans-for-engagement-with-south-australia/news-story/9cd1dc8aeddb4906c22e092180ebacd4

 

Chinese developer CWG launches $26m fund to support projects

The Australian, 20 March 2017

Chinese property company CWG Development has joined the ranks of developers forging deeper into funds management with the launch of a second trust that will back its projects.

http://www.theaustralian.com.au/business/property/chinese-developer-cwg-launches-26m-fund-to-support-projects/news-story/e93986a16e0686cadbe5378cbc3bcabe

 

Why restricting foreign investors could damage Australia’s economy

SmartPropertyInvestment, 23 March 2017

A federal government proposal regarding foreign investment restrictions could be potentially disastrous for the Australian economy, according to one property agency.

http://www.smartpropertyinvestment.com.au/news/15929-why-restricting-foreign-investors-could-damage-australia-s-economy

 

Australian apartment settlement risk depends on Chinese apartment prices

AFR, 22 March 2017

Investors in mainland China have been rewarded for speculating on real estate.

http://www.afr.com/real-estate/residential/australian-apartment-settlement-risk-depends-on-chinese-apartment-prices-20170321-gv39pn

 

Sydney and Melbourne lead property price growth in Australia, official figures show

Property Wire, 21 March 2017

Residential property prices in Australia increased by 4.1% in the final quarter of 2016, the strongest quarterly growth recorded since June 2015, according to latest official figures to be published.

http://www.propertywire.com/news/asia-pacific/sydney-melbourne-lead-property-price-growth-australia-official-figure-show/

 

NAB gets tough on local, offshore property buyers

AFR, 21 March 2017

National Australia Bank, which last week raised rates for local home owners and investors in an out-of-cycle hike, is turning the screws on local and offshore property buyers by tightening lending criteria and increasing rates. 

http://www.afr.com/real-estate/nab-gets-tough-on-local-offshore-property-buyers-20170320-gv270j

 

RBA sends warning on house prices, household debt levels

SMH, 21 March 2017

Australia's central bank highlighted threats in the property market and an acceleration of domestic household debt even as it lent credence to the global reflation story.

http://www.smh.com.au/business/the-economy/rba-sends-warning-on-house-prices-household-debt-levels-20170321-gv2qu1.html

 

It now looks like tougher restrictions on Australian property investors will be introduced

Business Insider, 21 March 2017

It looks like tighter restrictions on Australian property investors may be on the way with the head of Australia’s banking regulator, APRA, telling markets to “watch this space”.

https://www.businessinsider.com.au/it-now-looks-like-tougher-restrictions-on-australian-property-investors-will-be-introduced-2017-3

 

Real estate agents warn of property money laundering

AFR, 22 March 2017

Real estate agents with offshore sales offices and websites targeting foreigners are at higher risk of attracting money launderers and should face tougher laws, according to the industry itself.

http://www.afr.com/real-estate/residential/real-estate-agents-warn-of-property-money-laundering-20170322-gv3lat

 

Reserve Bank concerned on highly indebted households, real estate bubble

ABC, 21 March 2017

The Reserve Bank's warnings about the risks of a potential real estate bubble in Sydney and Melbourne are getting louder.

http://www.abc.net.au/news/2017-03-21/reserve-bank-warns-housing-bubble-in-sydney-and-melbourne/8372856

 

Westpac crackdown on foreign buyers and money laundering

AFR, 20 March 2017

Property buyers will be quizzed about their tax residency under new anti-money-laundering rules being introduced by Westpac and its subsidiaries St George Bank, Bank of Melbourne and BankSA.

http://www.afr.com/real-estate/westpac-crackdown-on-foreign-buyers-and-money-laundering-20170315-guyweu

 

Currency & Financial

Australian dollar knocked as RBA warns on housing market

Financial Times, 21 March 2017

Don’t get ahead of yourselves, rest of the world; it might still be too early to (again) call the death of the Australian property market.

https://www.ft.com/content/4feb09f1-f1b2-3115-803a-a89d6598ac2c

 

FACTS & FIGURES: Chinese investments in Australia

Xinhua, 22 March 2017

SYDNEY, March 22 (Xinhua) -- Bilateral communication and cooperation between China and Australia have become unprecedentedly deep and broad, Chinese ambassador to Australia Cheng Jingye told Xinhua prior to Chinese Premier Li Keqiang's visit to Australia.

http://news.xinhuanet.com/english/2017-03/22/c_136149022.htm

 

Foreign investment reforms under the microscope

The Australian, 20 March 2017

Just 15 months after the Coalition ordered the first major changes to Australia’s foreign investment framework in four decades, deal-makers are preparing to lobby the government for further reform.

http://www.theaustralian.com.au/business/dataroom/foreign-investment-reforms-under-the-microscope/news-story/169262f09601c7485a5bc20e771d7bb0

 

China, Australia need to expand two-way open-up in services, investment: Chinese premier

Xinhua, 25 March 2017

Chinese Premier Li Keqiang (3rd R) and Australian Prime Minister Malcolm Turnbull (2nd R) attend the sixth Australia-China CEO roundtable meeting in Sydney, Australia, March 24, 2017. (Xinhua/Pang Xinglei)

http://news.xinhuanet.com/english/2017-03/25/c_136155932.htm

 

Agriculture & Food

中华老字号天津狗不理“走出去”与澳大利亚宝康士达成战略合作

新华网,2017325

新华网天津3月25日电(记者 韦慧) 24日上午,我国餐饮界知名的老字号品牌——天津狗不理集团与澳大利亚保健品企业Blooms Bluesky Holding(以下称“宝康士”)达成战略合作。 

http://www.cnr.cn/tj/jrtj/20170326/t20170326_523677099.shtml

 

Foreign investment builds our capability as Asia’s food basket

The Australian, 25 March 2016

Australia is on track to become the supplier of choice for premium clean and green produce to millions of Asian consumers, thanks to the trifecta of free trade agreements the Coalition concluded with China, Japan and Korea.

http://www.theaustralian.com.au/business/opinion/foreign-investment-builds-our-capability-as-asias-food-basket/news-story/55181836146c19c98f1489a33891237d

 

China accepts more Australian beef exporters as leaders meet

Reuters, 23 March 2017

China removed the last remaining restrictions on imports of Australian beef on Friday and announced early-stage plans to co-develop a major mine, rail and port project, in contrast to a growing global trend of trade protectionism.

http://www.reuters.com/article/us-australia-china-trade-idUSKBN16V08G

 

Red meat exports to top $1bn after China agreement: National Farmers Federation

AFR, 26 March 2017

Australia's red meat exports to China were likely to soon jump over $1 billion again per annum, following a bilateral agreement expanding market access on Friday, the National Farmers Federation said. 

http://www.afr.com/real-estate/red-meat-exports-to-top-1bn-after-china-agreement-national-farmers-federation-20170326-gv6q2m

 

Aussie wool growers visit China to gain understanding

Fiber 2 Fashion.com, 20 March 2017

During a recent Australian Wool Innovation (AWI) organised trip to China, Aussie wool growers gained a lot of understanding of the Chinese wool industry. The delegation of wool growers visited various Chinese wool processing facilities, including knitting facilities and also met retailers and designers, who all work towards promoting wool products.

http://www.fibre2fashion.com/news/textile-news/aussie-wool-growers-visit-china-to-gain-understanding-204714-newsdetails.htm

 

Australian wool growers optimistic after tour of Chinese industry

Sheep Central, 20 March 2017

VICTORIAN wool grower and stud breeder Rod Miller has come home from a tour of the Chinese wool-processing and retail sectors with his batteries charged.

http://www.sheepcentral.com/australian-wool-growers-optimistic-after-tour-of-chinese-industry/

 

Red meat exporters confident of China access news during Premier Li’s visit

Sheep Central, 20 March 2017

Red meat exporters are confident that this week’s state visit to Australia by Chinese Premier Li Keqiang will yield significant trade access improvements for Australian beef and sheep meat.

http://www.sheepcentral.com/red-meat-exporters-confident-of-china-access-breakthrough-during-presidents-visit/

 

Resources

China inks $4.6 billion deal for Australia mine project

The Economic Times, 24 March 2017

SYDNEY: A state-owned Chinese construction giant today sealed a deal to build a Aus$6 billion (US$4.6 billion) mining infrastructure project to tap into resource-rich northwestern Australia.

http://economictimes.indiatimes.com/news/international/business/china-inks-4-6-billion-deal-for-australia-mine-project/articleshow/57809618.cms

 

China signs RM20bil mining project with Australia

The StarOnline, 25 March 2017

Sydney: A state-owned Chinese construction giant sealed a deal to build a A$6bil (RM20.23bil) mining infrastructure project to tap into resource-rich north-western Australia.

http://www.thestar.com.my/news/regional/2017/03/25/china-signs-rm20bil-mining-project-with-australia/

 

Retail & Tourism

Australia Post, Alibaba Blackmores team up to fight China food fraud

AFR, 24 March 2017

Australia Post, vitamins group Blackmores and Chinese e-commerce giant Alibaba have formed a partnership aimed at cracking down on brand impersonators by using blockchain technology to track produce being exported to China.

http://www.afr.com/business/transport/australia-post-alibaba-blackmores-team-up-to-fight-china-food-fraud-20170324-gv5i5q

 

China backs down on tough new e-commerce laws in boost for Aussie exporters

AFR, 20 March 2017

China has delayed indefinitely tough new-cross border e-commerce laws that had threatened to disrupt the flow of Australian vitamins, milk powder and cosmetics into booming markets on the mainland.

http://www.afr.com/business/retail/fmcg/china-backs-down-on-tough-new-ecommerce-laws-in-boost-for-aussie-exporters-20170320-gv28fe

 

Alibaba Group promotes Australian products with seven Chinese influencers

Mumbrella, 22 March 2017

Seven Chinese e-commerce influencers are set to tour Australia with the Alibaba Group, promoting Australia’s products and lifestyle to Chinese consumers.

https://mumbrella.com.au/alibaba-group-promotes-australian-products-seven-chinese-influencers-434132

 

Chinese daigou buyer Livia Wang on China's grey channels

AFR, 22 March 2017

Daigou shopper Livia Wong tells The Australian Financial Review Business Summit how the grey channel of Australian goods into China operates, in this edited extract of her remarks.

http://www.afr.com/brand/business-summit/chinese-daigou-buyer-livia-wang-on-chinas-grey-channels-20170322-gv4067

 

Blackmores boss Christine Holgate lauds China e-commerce 'win'

ABC, 22 March 2017

Blackmores chief executive Christine Holgate says China's backflip on its cross border ecommerce laws is a "win" for Australia.

http://www.abc.net.au/news/2017-03-22/blackmores-boss-christine-holgate-china-trade/8377216

 

China Domestic

Chinese premier warns Australia against protectionism

Foxnews, 23 March 2017

CANBERRA, Australia –  China's premier on Thursday warned against protectionism, saying his country planned to close its $50 billion a year deficit with Australia by expanding the trading relationship rather than retreating from it.

http://www.foxnews.com/world/2017/03/23/chinese-premier-warns-australia-against-protectionism.html

 

李克强总理对澳大利亚进行正式访问成果清单

人民网,2017326

应澳大利亚联邦总理马尔科姆·特恩布尔邀请,中华人民共和国国务院总理李克强于2017年3月22日至26日对澳大利亚进行正式访问。访问期间,李克强总理会见科斯格罗夫总督,同特恩布尔总理举行第五轮中澳总理年度会晤,并广泛接触澳各界人士。两国总理还共同出席中澳经贸合作论坛、第六届中澳工商界首席执行官圆桌会和第二届中澳省州负责人论坛。

http://world.people.com.cn/n1/2017/0326/c1002-29169365.html