The Wild, Wild East 5 June 2017

Property

NSW to hit foreign buyers with higher property taxes

The Australian, 1 June 2017

Foreign property investors will be slapped with higher fees and taxes under proposed changes by the NSW government that are expected to raise billions of dollars to help first-home buyers.

http://www.theaustralian.com.au/national-affairs/state-politics/nsw-to-hit-foreign-buyers-with-higher-property-taxes/news-story/cb99920434e9234d11957a6a49876234

 

Foreign banks push to fund property

AFR, 30 May 2017

Commercial property funding from foreign lenders has surged more than 13 per cent in the past year even as Australia's major banks have scarcely increased their exposure to the sector.

http://www.afr.com/real-estate/foreign-banks-push-to-fund-property-20170530-gwg7ti


Value of foreign investment in real estate revealed

The Adviser, 1 June 2017

A new report has highlighted the positive impact foreign investment has on real estate and the economy, calling on politicians to stop “decrying” its influence.

https://www.theadviser.com.au/breaking-news/36147-value-of-foreign-investment-in-real-estate-revealed

 

Property heavyweights get in the ring with Canberra over changes to foreign investment

The Australian, 30 May 2017

The property industry will throw new force into its campaign against budget changes that ­“demonise” foreign investors, as company chiefs arrive in Canberra today to warn of a hit to jobs and growth from populist reforms.

http://www.theaustralian.com.au/business/property/property-heavyweights-get-in-the-ring-with-canberra-over-changes-to-foreign-investment/news-story/26e05c18323d26c586c8cadd436b502a

 

Shanghai United to invest A$1bn in Australia real estate

Financial Times, 4 June 2017
Shanghai United Real Estate, a little-known Chinese property developer, is planning to invest more than A$1bn in Australia, shrugging off economists’ growing concerns about the emergence of a possible “housing bubble” in the main cities. 

https://www.ft.com/content/f89e81d6-4762-11e7-8519-9f94ee97d996

 

 

Currency & Financial

Aussie fund managers face global onslaught of low-cost, passive investments

SMH, 1 June 2017

One of the world's last havens for fund managers is coming under siege.

http://www.smh.com.au/business/banking-and-finance/aussie-fund-managers-face-global-onslaught-of-lowcost-passive-investments-20170531-gwhq7m.html

 

Australia’s Investment Market A Titan Of Industry

The Urban Developer, 1 June 2017

A new report by global property services firm JLL has revealed that Australia achieved the second highest industrial investment activity in Asia Pacific in 2016, behind Japan.

https://www.theurbandeveloper.com/australias-investment-market-titan-industry/

 

Australian Dollar Remains Vulnerable To China Data

Daily FX, 3 June 2017

A versatile actor on the currency stage, the Australian Dollar plays many different roles. The trick this week will be to know which one it will play and when.

https://www.dailyfx.com/forex/fundamental/forecast/weekly/aud/2017/06/03/Australian-Dollar-Remains-Vulnerable-To-China-DatatofDC.html

 

Australia Q1 business investment rises, April retail sales shine

Reuters, 1 June 2017

SYDNEY, June 1 Australian business investment rose modestly in January-March after four straight declining quarters while April's retail sales rebounded vigorously from a tepid start to the year.

http://www.reuters.com/article/australia-economy-retail-idUSL3N1IY1VM

 

 

Agriculture & Food

This little piggy went to market ... in China

The Australian, 29 May 2017

Being on the front foot preparing for change is a credo Queensland farming brothers Aaron and Scott Scheid are determined to practice.

http://www.theaustralian.com.au/business/this-little-piggy-went-to-market-in-china/news-story/9c2a233561296a76403b41f55c31a748


$1bn China chilled beef trade advantage at risk, Austrade says

The Australian, 1 June 2017

Australia’s top trade official Stephanie Fahey has confirmed the country’s advantage over China’s chilled beef market, potentially worth $1bn, is at risk due to a new US trade deal.

http://www.theaustralian.com.au/news/nation/1bn-china-chilled-beef-trade-advantage-at-risk-austrade-says/news-story/87ab473c0096ef5ff95d8a3f5860e4e5

 

Chinese-Australian entity revealed as buyer for Elders live export subsidiary, North Australia Cattle Company

ABC News, 1 June 2017

Agribusiness Elders has officially divested from the live export business, with the announcement of a buyer for its live export logistics business, North Australian Cattle Company (NACC).

http://www.abc.net.au/news/rural/rural-news/2017-06-01/elders-exits-live-exports-ncaa-sale/8578456

 

Chinese told to saddle up with Aussie ag partners

Queensland Country Life, 29 May 2017

Australians are not strongly xenophobic about Chinese investors buying into our farm sector, but many mistakenly fear the newcomers will degrade the land and put profits ahead of local communities and workers.

http://www.queenslandcountrylife.com.au/story/4682889/chinese-told-to-saddle-up-with-aussie-ag-partners/?cs=4699

 

China to Remain Key Market for Australian Macadamia Nuts in 2017

Produce Report, 4 June 2017

Produce Report conducted an interview with the CEO of the Australian Macadamia Society Jolyon Burnett and discussed the upcoming 2017 growing season, the importance of China as a market for Australian macadamia exports, and current marketing activities in China.

http://www.producereport.com/article/china-remain-key-market-australian-macadamia-nuts-2017

 

 

Resources

Donald Trump's climate decision won't stop shift to clean energy in Australia
AFR, 2 June 2017

Just as president Donald Trump was announcing a US withdrawal from the Paris agreement on climate on climate change, two Melbourne energy executives were preparing to announce the boldest renewable energy proposal Australia has yet seen.
http://www.afr.com/business/energy/electricity/donald-trumps-decision-wont-stop-the-shift-to-clean-energy-in-australia-20170601-gwhz4d


Coal is dead: claims US Investment group

Energy Matters, 1 June 2017

A US investment firm has announced interest in investing in Australian renewable energy while expressing a negative view towards continued investments in coal, effectively saying that coal is dead.

http://www.energymatters.com.au/renewable-news/coal-dead-investment-group-em6063/

 

Energy debate flares as business warns of more closures
AFR, 30 May 2017

The Turnbull government has moved to pre-empt the findings of its chief scientist on energy market reform by ruling out an emissions intensity scheme and giving the green light to the Clean Energy Finance Corporation to invest in carbon capture and storage technology.
http://www.afr.com/news/energy-debate-flares-as-business-warns-of-more-closures-20170529-gwfy84

 

Lower costs, greater investment produces record year for Australian renewable energy

SBS, 30 May 2017

The renewable energy industry says 2017 is shaping up as a bumper year for clean energy production in Australia, due to plunging costs and greater investment confidence.

http://www.sbs.com.au/news/article/2017/05/30/lower-costs-greater-investment-produces-record-year-australian-renewable-energy


'Rocketing': Australia's clean energy rebounds from setbacks, heads for record year

SMH, 30 May 2017

Australia's clean energy sector is heading for a record year for new solar and wind farms, generating thousands of jobs in regional areas and bringing the 2020 Renewable Energy Target within range.

http://www.smh.com.au/environment/energy-smart/rocketing-australias-clean-energy-rebounds-from-setbacks-heads-for-record-year-20170529-gwfgzb.html

 

 

Retail & Tourism

Air China plans Melbourne-Shenzhen service

Australian Aviation, 29 May 2017

Air China is adding a third route from Melbourne with three flights a week to Shenzhen starting on June 20 with Airbus A330-200s.

http://australianaviation.com.au/2017/05/air-china-plans-melbourne-shenzhen-service/

 

Amazon's entry to Australia will disrupt online sellers and bricks and mortar: experts

SMH, 2 June 2017

The arrival of Amazon to Australia is likely to have a big impact on other online retailers and if they are not competitive they could perish, according to retail experts.

http://www.smh.com.au/business/property/amazon-to-impact-online-sellers-as-much-as-bricks-and-mortar-20170601-gwifp7.html

 

Five Ways to Stop Duplicates of YOUR Product from Being Sold on Amazon

China Law Blog, 31 May 2017

American and European companies that have their consumer products made in China constantly have to contend with their own products or a counterfeit of their own products showing up on Amazon.

http://www.chinalawblog.com/2017/05/five-ways-to-stop-duplicates-of-your-product-from-being-sold-on-amazon.html?utm_source=Dan+Harris+-+China+Law+Blog&utm_campaign=4efb97171e-RSS_EMAIL_CAMPAIGN&utm_medium=email&utm_term=0_39bc6c6bdc-4efb97171e-72894641

 

Chinese Shoppers Are Flush With Hidden Income and Ready to Spend

Bloomberg, 23 May 2017

Chinese consumers may have a lot more cash at their disposal than previously thought -- and they’re ready to flash it.

https://www.bloomberg.com/news/articles/2017-05-23/chinese-shoppers-are-flush-with-hidden-income-and-ready-to-spend

 

Chinese Influencers are Proving a Hot Commodity Among Western Luxury Brands

The Fashion Law, 24 May 2017

Zhang Dayi, Papi Jiang, Wang Tao, Fil Xiaobai, twins Viviandan and Miumiu, Ma Jianguo, Angelababy, and Aikeli Li. While these names may not mean much – or anything at all – to the average Western consumer, they wield a wild amount of influence in Eastern markets, and these Chinese influencers are giving their western counterparts a run for their money.

http://www.thefashionlaw.com/home/chinese-influencers-are-proving-a-hot-commodity-among-western-luxury-brands

 

 

China Domestic

Culture Insider: Children's games in ancient China

China Daily, 1 June 2017

During ancient times, children didn't have smart phone, iPad or computer to entertain them. Instead, they came up with interesting games to play in their childhood. Let's take a look.

http://www.chinadaily.com.cn/culture/2017-06/01/content_29576316.htm

 

Bicycles are eating the lunch of China’s dominant car-sharing app

South China Morning Post, 28 May 2017

The number of bicycle-sharing users in China will more than double to 50 million by the end of 2017, from 18 million a year ago, according to a forecast.

http://www.scmp.com/business/article/2095975/bicycles-are-eating-lunch-chinas-dominant-car-sharing-app

 

Gaokao reform helps relieve stress

China Daily, 5 June 2017

Eighteen-year-olds in Shanghai and neighboring Zhejiang province who are taking this year's gaokao will have the task half finished even before the highly competitive college entrance exam begins this week.

http://www.chinadaily.com.cn/china/2017-06/05/content_29614713.htm