Australia's property boom has already peaked, said UBS
SMH, 24 April 2017
Australian house prices and construction activity may have hit a peak, with investment bank UBS "calling the top" of the runaway market.
Why Chinese investors find Australian real estate so alluring
The Conversation, 01 May 2017
Chinese investors are often blamed for Australia’s escalating house prices but a number of factors might mean the demand will drop off in coming years.
APRA warns on commercial property Lending Standards
SMH, 01 May 2017
Australia's powerful banking regulator has fired another warning shot at the commercial property sector, saying it will further investigate lending standards and consider "additional guidance" if necessary.
Citi sees house prices falling as much as 7pc as housing boom unwinds
AFR, 03 May 2017
House prices could fall as much as 7 per cent by 2018 as lending curbs bite and household debt is lowered, according to Citi.
CHINESE INVESTED $4.2B IN AUSSIE COMMERCIAL ASSETS IN 2016 AND MORE ASIA REAL ESTATE HEADLINES
Mingtiandi, 03 May 2017
Leading today’s headlines, the number crunchers at KPMG have taken a closer look at mainland investment in Australia, and discovered that Chinese like property. Meanwhile, up in Hong Kong, Baring Private Equity has lined up a banking consortium to back its $4.3 billion buyout of private school operator Nord Anglia, and over in Japan old office buildings are finding new life as hotels and homes. Read on for all these stories and more.
“Part-Time” Developer Trend Rises In QLD: DevelopmentReady.com.au
The Urban Developer, 02 May 2017
The part-time property developer trend is on the rise in Queensland as professionals – particularly construction professionals – look to transform their skills into profits in the wake of the mining downturn, according to Australia’s leading property portal, Development Ready.
Federal Budget to slug foreign investors if they leave property vacant
The Australian, 01 May 2017
The Federal Budget is set to slug foreign buyers thousands in fees if they leave their investment property vacant.
Commercial property heading for a peak, but no crash
AFR, 01 May 2017
The sale of a major Sydney office tower on a record low 4.6 per cent capitalisation rate has reignited concerns about a commercial property bubble building, with the Reserve Bank further warning about the sustainability of current pricing in its Financial Stability Review and bank regulator Wayne Byres joining the chorus.
Capital controls send Straya the wrong Chinese property buyers
Money quote right at the end, describing how rich Chinese buying homes can get money out of China but investors in new builds cannot.
Currency & Financial
Australian Fintech Raises Funding from Sequoia China, Tencent, Mastercard
Foxbusiness, 30 April 2017
MELBOURNE, Australia--An Australian startup offering payment-settlement services has secured funding for its international expansion from investors including the Chinese affiliate of Sequoia Capital, one of Silicon Valley's biggest venture-capital firms.
Australia is maintaining its attraction for Chinese investors
Austrade, 03 May 2017
Australia remains the second biggest recipient of Chinese overseas direct investment (ODI) globally, worth A$120 billion (about US$90 billion) of accumulated new investment since 2007, according to the 12th annual survey of KPMG with Sydney University, Demystifying Chinese Investment in Australia, May 2017. The United States ranks first with accumulated new investment surpassing US$100 billion. In 2016, Chinese ODI in Australia continued grow strongly by 11.7 per cent (in Australian dollar terms), rising from A$13.8 billion (US$10.1 billion) to A$ 15.4 billion (US$11.5 billion) from 2015 to 2016.
Agriculture & Food
As China craves more wine, this distributor is forgoing brick-and-mortar
CNBC, 30 April 2017
Today, wine accounts for just 4 percent of all alcohol consumed in China, but that's increasing at a rapid rate. And as those new consumers look to purchase bottles, many are turning to the internet.
Interview: Australia needs to make most of economic opportunities with China: Blackmores CEO
Xinhua, 02 May 2017
SYDNEY, May 2 (Xinhua) -- Australia needs to make the most of economic opportunities with China, the chief executive officer of Blackmores said on Tuesday, noting that developing strong economic partnership between the two nations is vital for Australia's long term success.
China’s tucking in on Australian food
Weekly Times, 02 May 2017
CHINA’S investment in Australian agribusiness has tripled in just a year as the Middle Kingdom strives to meet rising demand for high-quality food among its burgeoning middle class.
Australian Vintage in bed with China's biggest online wine retailer
AFR, 03 May 2017
Australian Vintage, which sells wine brands including McGuigan, Nepenthe and Tempus Two, has joined forces with the entrepreneurs behind China's biggest online wine retailer in a deal where $16.5 million has been raised in a share placement to Vintage China Fund.
7 things Chinese students in Australia send home
Study International, 04 May 2017
Helping relatives back home to buy foreign goods while studying abroad is nothing new. But to turn it into a business … now that’s something.
Weekly Property Review – Is Chinese off the menu?
By Property editor Linda Rowley, 03 May 2017
This time last year China appeared to have an insatiable appetite for Australian cattle properties, with numerous Chinese companies buying or pledging to invest hundreds of millions of dollars in large-scale beef operations. However, the anticipated frenzy of buying activity has halted, with the last significant sale made eight months ago.
Here's the a2 Milk Company's China strategy
MSN, 02 May 2017
The a2 Milk Company has been responding fast to changing distribution patterns and supporting Chinese government regulations, says CEO
China's coal imports take temporary hit from Australian cyclone: Russell
Reuters, 03 May 2017
China's coal imports from the seaborne market fell in April, with top exporting countries unable to fully cash in on the loss of Australian shipments in the wake of a powerful cyclone that knocked out mines and infrastructure.
Retail & Tourism
China Craves Foreign Goods. Students in Australia Supply Them.
NY Times, 02 May 2017
MELBOURNE, Australia — Zhang Yuan’s business started with favors for relatives: an aunt who wanted baby formula, a cousin looking for Ugg boots. She was a college student here in Australia, and every dollar helped, so she mailed the items back to China and charged a bit of a commission.
Nine out of ten Chinese prefer mobile payment over cash, credit cards
GB Times, 26 April 2017
92 percent of Chinese consumers prefer to pay for purchases in stores by using their mobile phones rather cash or credit card, a new survey finds.
WeChat User & Business Ecosystem Report 2017
Technode, 24 April 2017
889 million MAUs, 10 million+ official accounts and 200K+ third-party developers. In the past 7 years, WeChat has established an extensive ecosystem centering this mega messenger application, and becomes a vital part of China’s mobile internet today.
Are China’s KOLs Creating True ROI for Brands?
Liz Flora, 26 April 2017
As social media influencers continue to leverage their massive fan bases to command significant compensation from brands in exchange for mentions, marketing departments across the world are beginning to look more closely at the ROI they receive from these promotions. This is especially true in China, which is rife with self-proclaimed key opinion leaders (KOLs) and easily purchased followers and pageviews.
Australian Hoteliers Are Having a Hard Time Finding Space for a Record Number of Chinese Tourists
Dan Peltier, Skift, 05 May 2017
China is the largest jackpot that many destinations including Australia are aggressively targeting but they should also ensure they have enough hotel rooms to keep up with demand before they open the marketing campaign and flight floodgates.
Australia to review millionaire migrants rule as it tightens immigration
ABS CBN News, 03 May 2017
SYDNEY - Australia will this year review visa rules for wealthy would-be migrants, mostly Chinese, a government official said on Wednesday, as the country tightens requirements for granting residency rights.
After Failed Talks With Kushner, More Trouble for a Chinese Tycoon
New York Times, 01 May 2017
BEIJING — Wu Xiaohui, the Chinese tycoon who was in failed talks with President Trump’s son-in-law, Jared Kushner, to buy into a skyscraper project in Manhattan, is fighting allegations of financial chicanery and has threatened to sue a Chinese magazine that examined his company’s labyrinthine funding.
Why American Companies Can’t Trust Alibaba
Fortune, 06 May 2017
When Jack Ma, executive chairman of the Chinese e-commerce company Alibaba, met with President Donald Trump in January, he made a promise: The online sales platform would give one million U.S. small businesses entrée to the Chinese market. Ma also said that this effort would create one million new U.S. jobs. He is even planning a conference in June to teach U.S. businesses how to sell to the company’s 443 million customers in China.
Xixi South Village, a small village in Anhui, China, has set up “Integrity Bank” for villagers to deposit their upright behaviors. Since then, villagers witnessed and enjoyed a better change in the small village, with better local securities, environment, and less dispute.