The Wild Wild East 5 September 2017

Countries China Dragon 100.jpg

Property

Foreign buyers in one in three commercial property deals
AFR, 30 Aug 2017

Foreign investors accounted for one-third of commercial property deals in the first half of 2017.
http://www.afr.com/real-estate/foreign-buyers-in-one-in-three-commercial-property-deals-20170830-gy7478

 

Property fund manager 360 Capital Group is financing developers

The Australian, 28 Aug 2017

Property fund manager 360 Capital Group is on the way to becoming a major non-bank financier as lending to developers tightens and it seeks to reinvest funds from selling down the bulk of its operations.

http://www.theaustralian.com.au/business/property/fund-manager-360-financing-developers/news-story/3bdae8e07a61167e00a3d9e666d7f9b9

 

Poly taps Grimshaw for tower

The Australian, 31 Aug 2017

Chinese-owned developer Poly Australia, the local arm of Chinese developer Poly Real Estate, is set to put its stamp on a key block near Circular Quay in the Sydney CBD, with architecture firm Grimshaw winning a design competition for a major office tower.

http://www.theaustralian.com.au/business/property/poly-taps-grimshaw-for-tower/news-story/aad625fa456c8527001266b9e2b02b4a

 

Mirvac's pioneering build-to-rent yield looks good, analysts say
AFR, 1 Sep 2017

The 4.5 per cent initial yield targeted in Mirvac's pioneering effort to develop a build-to-rent apartment project may well be enough to get it over the line, according to analysts.
http://www.afr.com/real-estate/mirvacs-pioneering-buildtorent-yield-looks-good-analysts-say-20170831-gy84ow


Australia’s Heritage Bank Halts Investor Lending for Real Estate

Bloomberg, 2 Sep 2017

One of Australia’s biggest customer-owned banks, Heritage Bank Ltd., has temporarily stopped accepting new loan applications from property investors as it seeks to comply with regulation limiting how much it can expand its investment lending book.

https://www.bloomberg.com/news/articles/2017-09-02/australia-s-heritage-bank-halts-investor-lending-for-real-estate

 

Currency & Financial

China capital brake could push money into logistics
AFR, 29 Aug 2017

The logistics sector and associated real estate could be the biggest beneficiary of Chinese investment abroad after China's central government announced strict controls on outbound capital this month.
http://www.afr.com/real-estate/china-capital-brake-could-push-money-into-logistics-20170829-gy65rw


Overseas property crackdown from China to be 'widely felt'

SMH, 28 Aug 2017

Beijing: A Chinese government crackdown on offshore property deals will be widely felt in countries including Australia, says Trade Minister Stephen Ciobo.

http://www.smh.com.au/world/overseas-property-crackdown-from-china-to-be-widely-felt-20170828-gy5mfv.html

 

Principal's Jim McCaughan says Australian shares are a 'sell on strength'
AFR, 27 Aug 2017

Whether the Trump administration can forge a better working relationship with US Congress will be critical in determining the direction of global equity markets for the rest of the year, according Jim McCaughan, chief executive of Principal Global Investors which manages $US432 billion.
http://www.afr.com/markets/principals-jim-mccaughan-says-australian-shares-are-a-sell-on-strength-20170825-gy3ze9


Australian investors focus too much on positives, says US observer

The Australian, 28 Aug 2017

Listed companies are being priced on positive perceptions, with potential headwinds not factored in, a US-based investor has warned.

http://www.theaustralian.com.au/business/companies/australian-investors-focus-too-much-on-positives-says-us-observer/news-story/327d9aa53c784ccfb55de31cee075a11

 

 

Agriculture

Hunter Valley winemakers fear funding package will not benefit regional vignerons

ABC Online, 29 Aug 2017

Vignerons in the New South Wales Hunter Valley have expressed concern country wine regions will miss the benefits of a multi-million dollar federal investment in Australia's wine industry.

http://www.abc.net.au/news/2017-08-29/winemakers-concerned-multi-million-dollar-funding-misses-mark/8848270

 

'Amazon of China' Alibaba already has supermarkets. Now it wants our food

SMH, 28 Aug 2017

The business world may be enthralled with Amazon's moves to become a major supermarket player, but Chinese e-commerce giant Alibaba says it is already strides ahead and is opening up new ways for Australia food producers to access its more than half-a-billion customers.

http://www.smh.com.au/business/retail/alibaba-already-has-supermarkets-now-it-wants-our-food-20170825-gy4aqf.html

 

Australia's Blackmores posts 41 pct full-year profit drop

Reuters, 29 Aug 2017

SYDNEY, Aug 29 (Reuters) - Australia's top vitamin maker Blackmores Ltd reported a 41 percent plunge in full-year profit on Tuesday, as exports to China failed to make up for a precipitous drop in demand from Chinese shoppers in Australia. 

https://uk.reuters.com/article/blackmores-results-idUKL4N1LE5ZG

 

Hong Kong billionaire Hui Wing Mau buys majority stake in Bindaree Beef

SMH, 1 Sep 2017

NSW beef processor Bindaree Beef Group has had another crack at securing a Chinese investment partner - this time successfully.

http://www.smh.com.au/business/hong-kong-billionaire-hui-wing-mau-buys-half-of-bindaree-beef-20170901-gy8yax.html

 

Spring in the bush: Low listing volumes put rural vendors in the box seats
AFR, 3 Sep 2017

Rural vendors could be in the box seats this spring selling season with a low volume of listings, strong demand from cashed-up farmers and corporate investors and rising commodity prices set to push up asking prices for many trophy properties.
http://www.afr.com/real-estate/commercial/spring-in-the-bush-low-listing-volumes-put-rural-vendors-in-the-box-seats-20170901-gy8r9r

 

Resources

Renewable energy booming but could soon turn to bust, analysts warn

SMH, 27 Aug 2017

Australia produced enough renewable energy to power 70 per cent of households last financial year, new data shows, but advocates warn the booming industry will flounder unless the Turnbull government commits to a clean energy target.

http://www.smh.com.au/environment/energy-smart/renewable-energy-booming-but-could-soon-turn-to-bust-analysts-warn-20170825-gy4egf

 

Australia invests A$100 mln to secure mining investment, drive discoveries

The Star Online, 2 Sep 2017

MELBOURNE: Australia will commit A$100 million ($79.7 million) to secure private investment in greenfield mineral exploration across the country to drive a new wave of discoveries and restart the flagging mining sector in its west.

http://www.thestar.com.my/business/business-news/2017/09/02/australia-invests-a$100-mln-to-secure-mining-investment/

 

Retail & Tourism

Tourism Australia to boost collaboration with China's UnionPay Int'l: trade minister

Xinhua, 29 Aug 2017

CANBERRA, Aug. 29 (Xinhua) -- Australia's peak tourism body Tourism Australia will boost collaboration with China's UnionPay International to "stimulate Chinese visitor spending" in Australia, Trade Minister Steve Ciobo announced through a media release received here on Tuesday.

http://news.xinhuanet.com/english/2017-08/29/c_136564358.htm

 

Australian tourism ministers meet in China in bid to draw more visitors

ABC Online, 28 Aug 2017

Australian federal, state and territory tourism ministers have for the first time jointly held a meeting in Beijing as Chinese visitors are poised to become Australia's biggest market.

http://www.abc.net.au/news/2017-08-28/australian-tourism-ministers-meet-in-china-as-visitors-grow/8850138

 

THE NON-CHINESE CASHING IN ON AUSTRALIA’S BOOMING DAIGOU BUSINESS

South China Morning Post, 3 Sep 2017

While most daigou are overseas Chinese students or housewives buying products on a small scale for family and friends, there are also some non-Chinese people getting on board the booming industry.

http://www.scmp.com/week-asia/society/article/2109395/non-chinese-cashing-australias-booming-daigou-business

 

Education

Most international students come to Australia from these countries

SBS, 1 Sep 2017

Australia is considered as one of the top destinations for international students, and had over half a million enrolments in first of half of 2017.

http://www.sbs.com.au/yourlanguage/urdu/en/article/2017/08/29/most-international-students-come-australia-these-countries

 

 

China Domestic

Five mega-hit TV dramas in August

China Daily, 1 Sep 2017

August marks a golden opportunity for the TV drama market as Chinese students enjoy their summer holiday, having more time to involve themselves in the TV plot, and closely follow their favorite superstars.

http://www.chinadaily.com.cn/culture/2017-09/01/content_31408067.htm

 

Fashion model Gigi Hadid under fire for alleged racist behavior

China Daily, 3 Sep 2017

Victoria’s Secret Fashion Show, one of the world's most beautiful and sexiest shows, has officially confirmed to hit Shanghai in November, but one "angel" may not receive the same hearty welcome as her fellow "angels".

http://www.chinadaily.com.cn/fashion/2017-09/03/content_31491489.htm