Lederer to buy St Leonards office tower from Charter Hall
The Australian, 7 Sep 2017
Billionaire Paul Lederer is undertaking another property play with funds giant Charter Hall.
Build-to-rent will struggle in Australia: Joe Russo
AFR, 5 Sep 2017
Melbourne developer Joe Russo says the build-to-rent sector will struggle to take off in Australia despite the likes of Mirvac and Salta Properties making the first forays into the asset class.
Property market sees investors continue to retreat as first home buyers march in
ABC Online, 8 Sep 2017
The investors' loss appears to be the first home buyers' gain, as the rival bidders switched roles in July.
Don't squander strong relations with China: FEC chairman David Chiu
AFR, 8 Sep 2017
Chinese tourists and investors will switch off their interests in Australia without warning if they do not feel welcomed, Hong Kong-listed developer Far East Consortium chairman and billionaire David Chiu says.
Prepare to lose enormous wealth: Triguboff
The Australian, 11 Sep 2017
The slowdown in the apartment market is worsening and will have a severe impact on the economy if it is not arrested, according to the country’s biggest apartment builder, billionaire Harry Triguboff.
Currency & Financial
Australia Must Get Serious About Investing in Asia
Bloomberg, 6 Sep 2017
It's no longer optional.
Economists want Fulbright-style body to drive China exchanges
The Australian, 4 Sep 2017
Top economists from Australia and China have decided to lobby their governments to set up a permanent Australia-China Commission to drive policy, research and scientific exchanges.
Australia's Central Bank Holds Key Interest Rate Steady
Bloomberg, 5 Sep 2017
Australia’s central bank held interest rates, remaining on the sidelines as lending curbs take steam out of east-coast housing markets and as prospects for a pickup in business investment emerge.
RBA: Sydney's housing market is slowing down
Business Insider, 5 Sep 2017
The Reserve Bank of Australia (RBA) left interest rates unchanged at 1.5% at its September monetary policy meeting, an outcome that was widely expected by economists and markets alike.
Amazon fears sink Blackstone's $2.8 billion Australian mall sale
Reuters, 5 Sep 2017
SYDNEY (Reuters) - Private equity giant Blackstone Group has called off the sale of its A$3.5 billion ($2.8 billion) Australian shopping mall portfolio, a source said, as the looming arrival of Amazon.com spooks buyers of bricks-and-mortar stores.
Industry needs cohesion to prosper
Farm Weekly, 10 Sep 2017
THERE are positives signs and “major priorities” for the agribusiness industry in Australia but it’s success in the future depends on a “cohesive industry voice”, according to Agribusiness Australia (AA) chairman Mark Allison.
Australian agriculture becomes largest contributor to national GDP growth in 2016-17
By Dan Perez, 8 Sep 2017
Australian agriculture has become the fastest growing economic sector and the largest contributor to national GDP growth, putting in 0.5 percentage points of national total 1.9 percent growth. The sector secured its position as one of the economic powerhouses driving the country.
'Base-load investment scheme' could keep coal alive, but Liddell power station has ‘mammoth problems’
SMH, 7 Sep 2017
Support is hardening in the federal Coalition for coal-fired power to have a medium-term role in Australia's electricity market, with some MPs suggesting a "base-load investment scheme" to upgrade and extend the life of coal plants and operate alongside a future Clean Energy Target.
Retail & Tourism
Australia’s Hotel Market And The ‘Room Boom’
The Urban Developer, 4 Sep 2017
Australia’s hotel property sector is still outperforming other property classes in the market, and the Australian industry is one of the biggest growth regions on the planet.
White family backs $30m acquisition of Allawah Hotel
AFR, 6 Sep 2017
White & Partners, the private investment arm of Australia's most famous real estate family, has snapped up the Allawah Hotel in Sydney's South West from publican John Feros for $30 million.
China’s big spenders a tourism boon for South Australia, new survey finds
The Adviser, 6 Sep 2017
THE number of Chinese tourists who visited South Australia during the 2017 financial year increased by more than 50 per cent on the previous 12 months, new Tourism Australia statistics show.
Focus on quality to ensure returns from retail investment
The Australian, 7 Sep 2017
Sentiment regarding retail property investment is souring in the popular press. Some investors are questioning the outlook, concerned about failures of some retail chains and the lack of growth in centre incomes. Others have focused on the imminent arrival of Amazon, concerned that it will ‘‘change the face of retailing’’ in Australia.
Aussie tech duo switch from Chinese property buyers to tourists
AFR, 8 Sep 2017
The Australian founders of a popular Mandarin-language real estate portal have launched their latest tech play, swapping Chinese property buyers for tourists heading overseas.
Chinese online retail giant JD.com seeks Australian AI experts
The Australian, 4 Sep 2017
China’s biggest online retailer, JD.com, is planning to recruit at least 100 Australian data scientists to supercharge its rollout of artificial intelligence technologies across its multi-billion-dollar empire.
China’s Tsinghua University combines with SAHMRI on Australian first partnership to make a happier world
The Adviser, 4 Sep 2017
ONE of China’s top universities whose alumni include the country’s president Xi Jingping has partnered with Adelaide-based researchers to establish its first happiness and science laboratory in Australia.
Forget English and Maths, DRONE FLYING will be introduced as an HSC subject for students next year
Mail Online, 9 Sep 2017
Starting next year students will be able to take drone flying as a higher school certificate subject for the very first time.
Sydney’s Amy Lyons is raking it in as a Chinese social influencer
News.com.au, 10 Sep 2017
YOU might not recognise her, but Amy Lyons is a big deal in China. The 24-year-old Sydney native is living it up as a social media influencer in Beijing.
Sun Li Scores Third Major Drama Hit with ‘Nothing Gold Can Stay’ and Also First Time Not Voice Dubbed
Ockoala, 8 Sep 2017
C-dramas has a new big hit on its hands and continues the legend of C-actress Sun Li popularity and savvy in picking projects. Her Legend of Zhen Huan remains an iconic work of the past decade in terms of court period dramas and two years ago she did the Legend of Mi Yue with also popular success. Now she’s back this summer with Nothing Gold Can Stay (Chinese title 那年花开月正圆 That Year Flowers Blossoms in the Full Moon), a late Qing Dynasty drama based on the real life story of China’s first super wealthy female merchant named Zhou Ying.