The Wild, Wild East 15 May 2017

Property

Chinese property buyers lead foreign investors in Australia - report

Reuters, 9 May 2017

Australia approved foreign investments worth almost a third more in fiscal 2016 than the previous year, as more Chinese buyers piled into the already red-hot residential property market, government data published on Tuesday showed.

http://www.reuters.com/article/australia-property-idUSL4N1IB30D

 

House prices fall again as investment loans drop to lowest level in 10 months

SMH, 15 May 2017

Home loans to investors have fallen to the lowest level in 10 months following a regulatory clampdown and the Turnbull government's efforts to cool the Sydney and Melbourne housing market.

http://www.smh.com.au/business/the-economy/home-loan-approvals-fell-05-in-march-20170515-gw4yfg.html

 

Foreign real estate investment jumps 19%

Australian Broker, 15 May 2017

Although foreign investment approvals in real estate continue their upward trend, the resultant effect on property prices in Australia’s two biggest capitals has remained modest, a new government paper has found.

http://www.brokernews.com.au/news/breaking-news/foreign-real-estate-investment-jumps-19-236319.aspx

 

Housing margins to soften but house prices won't crash: Frasers Property

AFR, 11 May 2017

Residential sales margins will soften but house prices will not "crash" despite a cooling in the housing market, Frasers Property Australia management said during a half-year update.

http://www.afr.com/real-estate/housing-margins-to-soften-but-house-prices-wont-crash-frasers-property-20170510-gw17j9


Chinese Real Estate Says FIRB Has Nothing To Worry About

The Urban Developer, 10 May 2017

The new Foreign Investment Review Board annual report was recently released, giving the impression that foreign investment is going right where Australia wants it.

https://www.theurbandeveloper.com/foreign-investment-report-chinese-activity-australia/

 

Budget 2017: Foreign property investors hit hard in budget
AFR, 9 May 2017

Foreign buyers of property will be hit with increased taxes and charges of more then $600 million over the next four years in an effort the government says will help reduce housing affordability pressures.

http://www.afr.com/news/policy/budget/budget-2017-foreign-property-investors-hit-hard-in-budget-20170509-1nxv42


Sydney, Melbourne luxury housing markets record slower growth

The Australian, 10 May 2017

Sydney and Melbourne have slipped in a global ranking of the world’s fastest-growing luxury housing markets, their slightly slower growth outpaced by soaring demand in key Chinese cities.

http://www.theaustralian.com.au/business/property/sydney-melbourne-luxury-housing-markets-record-slower-growth/news-story/941bc6e1c539b1c05eddf46829c9260c

 

Currency & Financial

China's Rise and Its Impact on Australia

Bloomberg, 10 May 2017

Bates Gill, professor of APAC strategic studies at Australian National University, discusses the China-Australia trade relationship, the rise of populism and where he sees their relationship going. He speaks on "Bloomberg Markets: Asia." 

https://www.bloomberg.com/news/videos/2017-05-09/china-s-rise-and-its-impact-on-australia-video

 

Sequoia and Gobi hunting Aussie start-ups following Airwallex round

AFR, 8 May 2017

Big name Chinese venture capital firms are hunting for Australian tech start-ups to invest in, targeting firms in the fintech, agricultural and medical technology sectors.
http://www.afr.com/technology/sequoia-and-gobi-hunting-aussie-startups-following-airwallex-round-20170501-gvw6c2


Chinese Real Estate Says FIRB Has Nothing To Worry About

The Urban Developer, 10 May 2017

The new Foreign Investment Review Board annual report was recently released, giving the impression that foreign investment is going right where Australia wants it.

https://www.theurbandeveloper.com/foreign-investment-report-chinese-activity-australia/

 

Agriculture & Food

China’s growing appetite for protein drives beef boom

The Australian, 10 May 2017

The mining boom may be over but Australia’s beef cattle bonanza appears to be continuing ­unabated.

http://www.theaustralian.com.au/news/inquirer/chinas-growing-appetite-for-protein-drives-beef-boom/news-story/b2ea1065fc9504b48b80707ee7cd739d

 

Cattle queen Gina Rinehart turns her focus to China with new deal

The Australian, 8 May 2017

Last year, Gina Rinehart claimed the position of Australia’s cattle queen; now her agribusiness ambitio­n is firmly international, with plans under way to develop the nation’s live cattle trade into a $2 billion industry. 

http://www.theaustralian.com.au/business/companies/cattle-queen-gina-rinehart-turns-her-focus-to-china-with-new-deal/news-story/3142ed3f5639d48ca7c93a75854368f2

 

China's taste for Aussie beef a blessing for industry

Xinhua, 11 May 2017

CANBERRA, May 11 (Xinhua) -- A continually growing demand for Australian cattle from China is likely to make the industry going from strength to strength, according to experts who are lauding China's taste for Aussie beef.

http://news.xinhuanet.com/english/2017-05/11/c_136274009.htm

 

Resources

Australian investment in renewables hit all-time high in 2016

Renewable Energy Magazine, 11 May 2017

Australian investment in renewable energy hit an all time high last year according to the Clean Energy Regulator Report for 2016. According to the report 86 of the 98 new power plants accredited in 2016 were solar power plants.

http://www.renewableenergymagazine.com/panorama/australian-investment-in-renewables-hit-alltime-high-20170511

 

 

Retail & Tourism

Air China announces direct service between Melbourne and Shenzhen

Australia Business Review, 12 May 2017

Air China, the official carrier of the People's Republic of China, today announced that a direct service between Melbourne and Shenzhen will commence on 20 June 2017.

http://www.businessreviewaustralia.com/technology/2401/Air-China-announces-direct-service-between-Melbourne-and-Shenzhen

 

We can’t be late to this party, says Broomhead

The Australian, 12 May 2017

The Turnbull government ­appears to have decided Australia will watch how the Belt and Road Initiative develops before committing to formal participation.

http://www.theaustralian.com.au/news/inquirer/we-cant-be-late-to-this-party-says-broomhead/news-story/1c06bbb5b2ef497ba7ea61a5665e09d9

 

China Domestic

Chinese schoolkids' applause brings Indigenous author Bronwyn Bancroft to tears

SMH, 11 May 2017

Beijing: When it was suggested to Indigenous Australian author Bronwyn Bancroft that her picture books for children be translated into Chinese, her first thought was the size of the population.

http://www.smh.com.au/world/chinese-schoolkids-applause-brings-indigenous-author-bronwyn-bancroft-to-tears-20170511-gw2b7w.html