Mortgage demand suggests Australian housing market is cooling
Domain, 19 July 2017
Mortgage applications were down almost one per cent in the June quarter, another sign the housing market is beginning to cool.
NSW has harshest Australian tax regime for foreign buyers of luxury property
AFR, 19 July 2017
NSW has the harshest taxes in Australia for foreigners looking to buy a home worth more than $3.3 million, following the latest rules imposed from July 1.
The Dahua Group’s William Huang On Opportunities In The Australia Market And Their $4 Billion Development Pipeline
The Urban Developer, 21 July 2017
The Urban Developer recently sat down with the Dahua Group’s Managing Director, William Huang to gain an insight into Duhua’s expansion into the Australian market and their pipeline of development.
Sydney, Melbourne property markets can avoid crash landing: RBA’s Bullock
The Australian, 21 July 2017
House price growth in Sydney and Melbourne is being driven by the “basics of supply and demand,” according to a senior Reserve Bank of Australia official.
The Mona Effect: Hobart becomes Australia’s hottest market after rapid price surge
Domain, 23 July 2017
Most mainlanders are more likely to associate Hobart with Mona than its real estate market, but the latest data shows we’re no longer just holidaying in Tasmania, we’re buying there.
Currency & Financial
China's Top Recruitment Agency Enters the UK and Australia Market to Assist Global Enterprises to Invest in China
NewKerala.com, 21 July 2017
MELBOURNE and QUEENSLAND, Australia, July 21, 2017 : Since March 2017, Talent Spot has participated in activities held by the China-Britain Business Council (CBBC) and the Australia-China Business Council in the UK and Australia respectively.
More headaches for RBA as Aussie dollar can head higher
AFR, 24 July 2017
There's nothing wrong with going with the flow in financial markets, and right now that means selling the US dollar, which is pretty much what every hedge fund around the world is doing.
Melbourne-born man loses $67,000 deposit in foreign investor crackdown
News.com.au, 18 July 2017
IT WAS supposed to be a long-awaited return to his home city after a lengthy stint overseas.
China’s biggest food company looks to Australia for milk product supply
Foodmag, 19 July 2017
Australia’s dairy industry is set for a boost with a symposium bringing together for the first time representatives from China’s biggest food company – the state-owned COFCO corporation, with leading Monash University researchers, and dairy industry partners, on Thursday 20 July.
Australian government funding boosts lobster marketing battle in China
Seafood Source, 19 July 2017
Australian government funding has helped a key lobster exporter extend its marketing in China.
China the toast of Aussie wine exporters
News.com.au, 19 July 2017
China's thirst for Australian wine continues to grow at a faster rate than anywhere else in the world.
China’s crackdown targets ‘food safety, not Aussie dairy’
The Australian, 19 July 2017
China is certainly not targeting Australian dairy products, one of the leading international experts on China’s food sector says, but it is still developing the skills and regulations needed to ensure high standards in what is a new and rapidly growing industry.
Qatar's sovereign wealth fund sells another Australian farm
AFR, 21 July 2017
Hassad, the farming company backed by the Qatar Investment Authority, has sold more farming land as it moves its strategy from food security to better investment returns.
Small business gouged and hung out to dry in Australia's energy crisis
SMH, 19 July 2017
While governments blame each other and strike deals for big business to minimise cost impacts, small businesses are being gouged and hung out to dry.
Tempo buys KP Electric for $10m
Thewest.com.au, 24 July 2017
Resources contractor Tempo Australia has bought national electrical services provider KP Electric for up to $10 million.
Offshore renewable investment soars amid clean energy debate
The Australian, 24 July 2017
Debate over the Clean Energy Target is tearing the federal Coalition apart, but a growing number of European firms in the renewable space are moving into Australia and are active buyers of land in Queensland and northern NSW.
Retail & Tourism
'Buy buy buy' is no longer the mantra of the Chinese tourist
The Strait Times, 11 July 2017
After propping up sales for overseas retailers over the past decade with a shopping-driven tourism agenda, Chinese visitors are no longer returning home with suitcases bulging like before. A new survey by consultancy Oliver Wyman shows Chinese tourist numbers and holiday expenditure continuing to rise last year, even as shopping during overseas travel dropped 17 per cent from a year earlier.
Luxury brands look to Australia: 50 different retailers are considering expanding Down Under
Smart Company, 20 July 2017
International luxury and premium brands are eyeing off Australia as a prosperous market, with experts believing the local luxury goods market could become more similar to Europe’s in the coming years.
Aussie hotels need to "keep pace" with demand from China: Tourism Australia
Xinhua, 18 July 2017
CANBERRA, July 18 (Xinhua) -- Australian hotels need to keep up with the demands placed on them by Chinese tourists, Tourism Australia's boss said on Tuesday.
Hong Kong property entrepreneur Allan Zeman targets SA's Cleland Wildlife Park
AFR, 23 July 2017
Allan Zeman, who turned around Hong Kong's Ocean Park theme park and gave Disneyland a run for its money, is consulting on the future of Cleland Wildlife Park, a tired attraction in the Adelaide Hills, as a prelude to possibly investing in it.
Rise of the Chinese explorer
TTG Asia, 21 July 2017
Chinese travellers are growing more confident about exploring Australia independently, and regional parts of Down Under are readily embracing them.
Education key for Tas to unlock NBN
SBS.com.au, 24 July 2017
Tasmania is the most NBN-connected state or territory in the country but it doesn't mean much if people don't know how to use it, the state's peak industry body says.
Australian Education Union warns Australia Institute to stay out of the classroom
The Canberra Times, 22 July 2017
The teachers' union has warned the authors of a damning report into Canberra's school system to stay out of the classroom and leave lesson planning to the experts.
Justin Bieber banned from China over 'bad behaviour'
ABC News, 21 July 2017
The Canadian pop star has been banned from performing in China because of his past "bad behaviour," according to the Beijing Municipal Bureau of Culture — although it did concede he has talent.
China puts Wanda under spotlight, closes off loan options for breaching investment rule
South China Morning Post, 17 July 2017
China’s bank regulator has instructed the country’s largest lenders to put six of magnate Wang Jianlin’s overseas acquisitions under the spotlight for touching a red line on foreign investments, according to several people familiar with the matter.
China’s Wahaha heiress takes Hong Kong penny stock on a roller coaster ride
South China Morning Post, 17 July 2017
An aborted acquisition deal by the heiress of Chinese beverage giant Hangzhou Wahaha has sent loss-making China Candy, a Hong Kong penny stock, into a free fall.
New York Post, 21 July 2017
The co-chair of an influential Capitol Hill commission on China believes the US should block the controversial acquisition of MoneyGram by Jack Ma’s Ant Financial.