The Wild Wild East 12 September 2017

Countries China 18.jpg

Property

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.

http://www.theaustralian.com.au/business/property/lederer-to-buy-st-leonards-office-tower-from-charter-hall/news-story/ec04401a77787f34eace5d8ae735b51e

 

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.
http://www.afr.com/real-estate/residential/vic/buildtorent-will-struggle-in-australia-joe-russo-20170904-gyabk2


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.

http://www.abc.net.au/news/2017-09-08/home-loans-july/8884724

 

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.
http://www.afr.com/real-estate/dont-squander-strong-relations-with-china-fec-chairman-david-chiu-20170908-gydmlv


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.

http://www.theaustralian.com.au/business/property/apartment-slowdown-to-hit-economy-hard-harry-triguboff/news-story/8d0c4f1c4066cf29b489f7274bcf6658

 

 

Currency & Financial

Australia Must Get Serious About Investing in Asia

Bloomberg, 6 Sep 2017

It's no longer optional.

https://www.bloomberg.com/view/articles/2017-09-05/australia-must-get-serious-about-investing-in-asia

 

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.

http://www.theaustralian.com.au/business/economics/economists-want-fulbrightstyle-body-to-drive-china-exchanges/news-story/03b0e049780c995dd6c46938bafac0c5

 

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.

https://www.bloomberg.com/news/articles/2017-09-05/rba-holds-as-brighter-investment-outlook-meets-consumer-caution

 

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.

https://www.businessinsider.com.au/rba-interest-rate-decision-september-2017-9

 

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.

https://www.reuters.com/article/us-blackstone-group-australia-sale/amazon-fears-sink-blackstones-2-8-billion-australian-mall-sale-idUSKCN1BG07P



Agriculture

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.

http://www.farmweekly.com.au/news/agriculture/agribusiness/general-news/industry-needs-cohesion-to-prosper/2755838.aspx

 

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.

http://www.ibtimes.com.au/australian-agriculture-becomes-largest-contributor-national-gdp-growth-2016-17-1559082

 

 

Resources

'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.

http://www.smh.com.au/federal-politics/political-news/baseload-investment-scheme-could-keep-coal-alive-but-liddell-power-station-has-mammoth-problems-20170907-gycspc.html

 

 

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.

https://www.theurbandeveloper.com/hotel-sector-booms-across-nation/

 

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.
http://www.afr.com/real-estate/white-family-backs-30m-acquisition-of-allawah-hotel-20170906-gybugy

 

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.

http://www.adelaidenow.com.au/business/chinas-big-spenders-a-tourism-boon-for-south-australia-new-survey-finds/news-story/41cd4d7177ec80c683f6ed7af3660416

 

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.

http://www.theaustralian.com.au/business/opinion/focus-on-quality-to-ensure-returns-from-retail-investment/news-story/63755068b8227c7801d33a5dda1ab22f

 

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.
http://www.afr.com/business/tourism/aussie-tech-duo-switch-from-chinese-property-buyers-to-tourists-20170908-gydkqe

 

 

Education

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.

http://www.theaustralian.com.au/business/companies/chinese-online-retail-giant-jdcom-seeks-australian-ai-experts/news-story/4d056bfb3963f45f5b6419f15fb425c9

 

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.

http://www.adelaidenow.com.au/business/chinas-tsinghua-university-combines-with-sahmri-on-australian-first-partnership-to-make-a-happier-world/news-story/ee33d996c86334decac52d378688c9eb

 

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.
http://www.dailymail.co.uk/news/article-4867756/Forget-English-Maths-DRONE-FLYING-HSC-subject.html


 

China Domestic

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.

http://www.news.com.au/finance/work/careers/sydneys-amy-lyons-is-raking-it-in-as-a-chinese-social-influencer/news-story/eb423c755c0db48be56cb94d848976ff

 

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.

http://koalasplayground.com/2017/09/08/sun-li-scores-third-major-drama-hit-with-nothing-gold-can-stay-and-also-first-time-not-voice-dubbed/