The Wild Wild East 14 February 2018

Property

New rules could discourage off-the-plan buyers

Your Mortgage, 05 Feb. 2018

The Australian government's strategy to address the so-called phoenixing amongst development companies will make it complicated for property hunters to buy off-the-plan.

https://www.yourmortgage.com.au/mortgage-news/new-rules-could-discourage-offtheplan-buyers/246225/

 

Apartment prices cut and buyer incentives boosted as developers struggle to sell
AFR, 05 Feb. 2018

Sellers are lowering prices on high rise inner-city apartments by up to 10 per cent, advisers are being offered $10,000 commissions to recommend apartment sales, builders are adding 'free' luxury fixtures and lenders are including new incentives – on top of record low rates – in a bid to revive flagging residential property markets, analysis of market offers reveals.
http://www.afr.com/real-estate/apartment-prices-cut-and-buyer-incentives-boosted-as-developers-struggle-to-sell-20180202-h0suk9


High property prices force one-in-five essential workers out of Sydney
AFR, 05 Feb. 2018

One-in-five teachers and emergency workers have been forced to relocate to outer and regional areas because rising property prices are outpacing their incomes and capacity to save a deposit, according to academic and banking research.
http://www.afr.com/real-estate/high-property-prices-force-oneinfive-essential-workers-out-of-sydney-20180205-h0ts2w

 

Mirvac profit falls on lower property revaluations, settlement timing
AFR, 08 Feb. 2018

Diversified property group Mirvac said it was on target to deliver its planned earnings growth despite residential earnings skewed to the second half of the year, but suffered a profit decline from a lower number of property revaluations.
http://www.afr.com/real-estate/mirvac-profit-falls-on-lower-property-revaluations-settlement-timing-20180205-h0tylq

 

Chinese buyers hit Melbourne in golden rush

News.com.au, 11 Feb. 2018

CHINESE buyers will this week descend on Melbourne for a property frenzy with the city’s outer suburbs and university precincts in their sights.

http://www.news.com.au/finance/real-estate/melbourne-vic/chinese-buyers-hit-melbourne-in-golden-rush/news-story/b743c4dceb39aca4507f80d6d89dffac

 

 

Currency & Financial

Bumper supplement firm takeovers just the beginning for Chinese investment into Australian industry: KPMG

Gary Scattergood, 05 Feb. 2018

Chinese investment into Australian health firms, including supplement manufacturers, will continue to grow as the country’s healthcare system matures and the population ages, analysts from KPMG are forecasting.

HTTPS://WWW.FOODNAVIGATOR-ASIA.COM/ARTICLE/2018/02/05/BUMPER-SUPPLEMENT-FIRM-TAKEOVERS-JUST-THE-BEGINNING-FOR-CHINESE-INVESTMENT-INTO-AUSTRALIAN-INDUSTRY-KPMG

 

$67 billion in private equity targeting real estate opportunities in Asia
AFR, 06 Feb. 2018

More than $67 billion of private equity capital managed by funds will be targeting Australian, Chinese and Japanese property over the next three years, according to analysis by CBRE Group, a commercial real estate and investment company.
http://www.afr.com/real-estate/67-billion-in-private-equity-targeting-real-estate-opportunities-in-asia-20180206-h0uq17

 

Australia at foreign investment crossroads, warns Adani boss

The Australian, 10 Feb. 2018

Adani’s local boss has warned that Australia is at a “crossroads” on foreign investment as mining union leaders urged Bill Shorten to tone down his criticism of the giant Indian energy producer.

https://www.theaustralian.com.au/national-affairs/foreign-affairs/australia-at-foreign-investment-crossroads-warns-adani-boss/news-story/2d159aa9e0223352a89142efaa4296b1

 

 

Agriculture

2017 China wine imports: Australia and Georgia taking a leap

Decanter China, 05 Feb. 2018

China’s wine imports rose further in 2017, with Australian, Chilean and Georgian wines showing significant growth. Meanwhile, Higher average prices for bulk and sparkling wines suggest the market’s increased demand for quality.

https://www.decanterchina.com/en/news/2017-china-wine-imports-australia-and-georgia-taking-a-leap

 

New foreign ownership laws expose sales of farmland

The Weekly Times, 06 Feb. 2018

FARMERS looking to quietly sell their property will suffer most under tough new foreign investment rules on the sale of agricultural land, agents and buyers argue.

https://www.weeklytimesnow.com.au/news/national/new-foreign-ownership-laws-expose-sales-of-farmland/news-story/9b1befdac30ec40f369922e3113f17e9

 

 

Resources

Iron ore exports to China from Australia's Port Hedland fall to six-month low

Reuters, 06 Feb. 2018

SYDNEY, Feb 6 (Reuters) - Iron ore shipments to China in January from Australia's Port Hedland terminal fell 11.3 percent from a month ago to 34.7 million tonnes, their lowest since July, port data released on Tuesday showed.

http://www.kitco.com/news/2018-02-06/Iron-ore-exports-to-China-from-Australia-apos-s-Port-Hedland-fall-to-six-month-low.html

 

 

Retail & Tourism

How one Aussie start-up is opening the door to China through software

ARN Net, 05 Feb. 2018

With China central to the future success of Australia, Sinorbis is leveraging Alibaba Cloud to build software capable of bridging the gap

https://www.arnnet.com.au/article/632975/how-one-aussie-start-up-opening-door-china/?fp=2&fpid=1

 

China's JD.com to open Australia office this month
AFR, 08 Feb. 2018

JD.com, the Chinese ecommerce giant founded by billionaire Richard Liu, will open its first office in Australia this month as it steps up expansion plans in the region and seeks to challenge Amazon's dominance of the booming online retail market in the western world.
http://www.afr.com/business/retail/chinas-jdcom-to-open-australia-office-this-month-20180207-h0v9jf

 

 

Education

Student accommodation tower on North Terrace and Frome St Corner in proposed development

Adelaide Now, 9 Feb. 2018

NO matter what finally gets built on the old Royal Adelaide Hospital site, students in a 34-storey accommodation tower directly opposite are going to have the best view of it.

http://www.adelaidenow.com.au/news/south-australia/student-accommodation-tower-on-north-terrace-and-frome-st-corner-in-proposed-development/news-story/ab9565f56ca4c6e00855bd45245f46a9

 

Bond University Vice-Chancellor and President Tim Brailsford Talks Chinese New Year

Gold Coast Bulletin, 10 Feb. 2018

MANY Aussies will be partying with the Chinese community next week to celebrate the Chinese New Year.

http://www.goldcoastbulletin.com.au/news/opinion/bond-university-vicechancellor-and-president-im-brailsford-talks-chinese-new-year/news-story/0fd02972a663f115c79bc6ec735dcd50?nk=995fb1b9b4bb4298d28a810676db78dc-1518404069

 

 

China Domestic

Fake Boyfriends and Alibaba’s Bid to Clean Things Up

China Skinny, 25 Jan. 2018

For millions of Chinese, Spring Festival is the most magical of times.  It’s the one holiday of the year they get to spend at home, catching up with nearest and dearest with the chance to demonstrate their success in the city through generous gifts and red envelopes.  For countless others, it’s a time to dread. Single 20 and 30-somethings across the country return home with trepidation as parents, aunties, uncles and grandparents get ready to pry and lament at their lack of a lover.

https://www.chinaskinny.com/blog/fake-boyfriends-chinese-new-year/