Full recourse home loans lower defaults but may increase risky lending
ABC Online, 27 Dec. 2017
The tune of Jingle Bells is probably still stuck in your mind in the days after Christmas. But around this time a decade ago it was "jingle mail" that was starting to get attention in the US.
One of Australia's most accurate housing market forecasters says he got 2017 wrong because APRA 'acted too early'
Business Insider Australia, 27 Dec. 2017
SQM Research boss Louis Christopher is the first to admit he got it wrong when he forecast Sydney house prices to surge 11 to 16 per cent in 2017.
CHINESE INVESTOR SNAPS UP TOWN BLOCK
Newsreport, 28 Dec. 2017
PORT Douglas realtor Steve Doble may be cautiously optimistic, but does believe there is greater international interest in this area following his recent Chinese acquisition involving a block of land on Mowbray Street that sold for $800,000.
A new report reveals China-backed developers are behind the Adelaide apartment boom
The Advertiser, 29 Dec. 2017
ALMOST 30 per cent of CBD apartments under construction in Adelaide are being developed by Chinese interests, an industry report says, with that figure expected to grow as offshore developers circle the Adelaide market.
Real estate experts expect house prices to fall in Sydney, but don’t expect a bargain any time soon
News.com.au, 30 Dec. 2017
REAL estate experts are expecting property prices to fall in 2018 — but not enough to help first home buyers get a foot on the property ladder.
Currency & Financial
Australian economy to become 11th largest, China to be the biggest
The New Daily, 27 Dec. 2017
Australia will become the world’s 11th-biggest economy within a decade, and China will become the largest, a report predicts.
Chinese firms operating in Australia just normal market behavior: experts
Global Times, 27 Dec. 2017
Chinese firms' engagement in Australia, including the reported renting of Australian airports and running of pilot training schools, is normal market practice and there is no need for the Australian media to over-hype and bring national interests into the issue, Chinese experts said.
Slow growth to continue in 2018 and 2019
The Australian, 31 Dec. 2017
Growth is certain to slow, the deceleration likely to be sharper than currently anticipated by markets. Australia's terms of trade and boost from investment from some entities are likely to suffer.
International prices for wool soared to new highs in 2017 thanks to demand from China. Is it enough to call it a boom?
SBS, 26 Dec. 2017
Amid record international wool prices, Australia’s long-struggling wool growers are asking themselves if they should finally be feeling comfortable.
New Agriculture Minister David Littleproud says Australia needs greater investment in ag
The Weekly Times, 26 Dec. 2017
AUSTRALIA shouldn’t be scared of foreign investment in agriculture, the nation’s new agriculture minister says.
Chinese introduce tough new rules for infant formula sales
The Australian, 28 Dec. 2017
But while the Chinese market is large, sellers from Australia and New Zealand face intense competition from European dairy producers.
Across China: Pastures new battleground for Chinese real estate billionaire
Xinhua, 30 Dec. 2017
SHIJIAZHUANG, Dec. 30 (Xinhua) -- When Xu Xiaobo decided to spend all his savings raising cows five years ago, his EMBA classmates thought the real estate tycoon had went crazy.
China's November coal imports from Australia slip on port congestion
The Energy World, 26 Dec. 2017
BEIJING: Chinese imports of coal from key supplier Australia slipped in November from a year ago, customs data showed, hit by heavy traffic congestion in Australian ports.
Retail & Tourism
Chinese Consumers Now Rule the World. Get Used to It
Bloomberg, 28 Dec. 2017
It’s way past time to stop calling China the world’s factory.
The country is increasingly the world’s consumer. Forget the old investment and export-focused growth model. Even more important is the changing nature of consumption, which no longer revolve around staples: Increasing sums are being plowed into movies, tourism and health care. Investors ignore this seismic shift at their peril.
Chinese tourists look beyond the package tour and hit the road
SMH, 01 Jan. 2018
Intrepid Chinese tourists are eschewing the traditional package tour and hitting the bitumen, according to figures showing a sharp rise in those opting for a caravan or camping trip around Australia.
Universities to Crack Down on Overseas Chinese Students' Plagiarism
Sputnik News, 29 Dec. 2017
Ghostwriting and plagiarism are commonplace in Chinese universities, but foreign academia is finally cracking down on the phenomenon.
Watch: Chinese actor's reading of 'Chu Shi Biao' in English goes viral online
People’s Daily China, 29 Dec. 2017
The dramatic reading of "Chu Shi Biao" in English by Chinese actor Wang Luoyong has gone viral on the Internet on Wednesday.