The Wild Wild East 21 March 2018

Property

Australian property hot for Chinese buyers

Australia China Business Review, 14 Mar. 2018

More than three quarters of Chinese travellers will consider buying property overseas in 2018, according to research by international property portal Juwai.com.

http://www.acbr.com.au/australian-property-hot-chinese-buyers

 

Australian real estate group Mirvac ‘masterplans’ communities with 5.1kW PV / 10kWh batteries

PV Tech, 16 Mar. 2018

Australian real estate developer Mirvac looks set to put a sizeable amount of solar-plus-storage into brand new homes in Sydney and Brisbane, with help from the national Clean Energy Finance Corporation.

https://www.pv-tech.org/news/australian-real-estate-group-mirvac-masterplans-communities-with-5.1kw-pv-1

 

AIRBNB-STYLE ACCOMMODATION GROWING FASTER THAN HOTELS DESPITE ROOM BOOM: DELOITTE

Commercial Real Estate, 16 Mar. 2018

Growth in the use of shared accommodation is outpacing its traditional rivals, despite new hotel developments adding thousands of new rooms to the Australian market in 2017, a new report shows.

https://www.commercialrealestate.com.au/news/airbnb-style-accommodation-growing-faster-than-hotels-despite-room-boom-deloitte/

 

David Russell is buying the real estate dream

The Australian, 17 Mar. 2018

Singapore-based David Russell appears to be on a multi-million- dollar real estate binge after picking up residential properties in Melbourne’s Brighton and Queensland’s Sunshine Beach with a total value of about $42 million.

https://www.theaustralian.com.au/life/home-design/prestige-property/david-russell-is-buying-the-real-estate-dream/news-story/de26de8ceee2817dabfc4aa8ee3381f0

 

Sydney, Melbourne housing boom is over, auction clearance rates show

AFR, 18 Mar. 2018

The Sydney and Melbourne housing boom is over as investors retreat further and sellers' price expectations continue to wind down.

http://www.afr.com/real-estate/residential/sydney-melbourne-housing-boom-is-over-auction-clearance-rates-show-20180318-h0xmhl

 

 

Currency & Financial

Australian steel producers to benefit from reduction in Chinese net exports

AFR, 13 Mar. 2018

The recent events surrounding President Trump's decision to levy tariffs on steel and aluminum imports, seen by many as a first step towards triggering a global trade war, has, alongside others around the world, troubled Australian ultra-high-net-worth investors, who have everything to lose and nowhere to hide.

http://www.afr.com/personal-finance/shares/handy-tailwinds-for-australian-steel-producers-20180312-h0xcdw

 

Australian companies in China optimistic on growth: survey

Global Times, 15 Mar. 2018

Australian companies have a strongly optimistic view about doing business in China despite the ongoing challenges, according to the latest survey released Thursday by the China-Australia Chamber of Commerce (AustCham) and the Australian China Business Council (ACBC) Victoria.

http://www.globaltimes.cn/content/1093575.shtml


Australia joins infrastructure game with alternative to China's 'Belt and Road'

AFR, 18 Mar. 2018

Australia has taken the first public step towards joining the new Great Game in Asia with its plan to strengthen infrastructure development cooperation with Southeast Asian countries.

http://www.afr.com/business/infrastructure/australia-joins-great-game-with-alternative-to-chinas-belt-and-road-20180318-h0xmt2

 

 

Agriculture

Super funds to sows seeds in agriculture

The Australian, 12 Mar. 2018

The $700 billion industry super fund sector is looking at ways to invest in agriculturethrough a collective investment company backed by a group of major funds. 

https://www.theaustralian.com.au/business/super-funds-to-sows-seeds-in-agriculture/news-story/f9c0621f8d8b74c14d9701abcc03ded3

 

China dairy consumption trending towards cheese, yogurt and added protein, Mintel says

Mary Ellen Shoup, 16 Mar. 2018

The rising demand for dairy in China, growing at 6% to 7% rate annually, is teetering on outpacing volume growth of the category (increasing by 3% to 4% every year) as the country shows great interest in dairy products, according to Mintel.

HTTPS://WWW.DAIRYREPORTER.COM/ARTICLE/2018/03/16/CHINA-DAIRY-CONSUMPTION-TRENDING-TOWARDS-CHEESE-YOGURT-AND-ADDED-PROTEIN-MINTEL-SAYS

 

Murray Goulburn's Koroit plant sale to attract plenty of suitors

The Australian, 18 Mar. 2018

UDC has connection with the Dutch-based Louis Dreyfus company, a global merchant firm that is involved in agriculture, food processing, international shipping and financing with assets worth $US18.6 billion.

https://www.theaustralian.com.au/business/dataroom/murray-goulburns-koroit-plant-sale-to-attract-plenty-of-suitors/news-story/1861ab3a1dc9f05a43fe1db2a137eb90

 

 

Resources

China's CITIC estimates up to $1 billion impairment on Australia's Sino Iron project

Reuters, 12 Mar. 2018

HONG KONG (Reuters) - Chinese conglomerate CITIC Ltd (0267.HK) said it would book an impairment of $800 million to $1 billion on the value of its Sino Iron project in Australia for fiscal 2017.

https://www.reuters.com/article/us-citic-australia/chinas-citic-estimates-up-to-1-billion-impairment-on-australias-sino-iron-project-idUSKCN1GO03O

 

Steven Marshall welcomes Elon Musk and wants to cut energy costs

AFR, 18 Mar. 2018

Incoming South Australian Premier Steven Marshall says cutting energy costs to business and households is a major priority for his new government, with a $200 million inter-connector fund a centrepiece of his plans to deliver cheaper power.

http://www.afr.com/business/energy/steven-marshall-welcomes-elon-musk-and-wants-to-cut-energy-costs-20180317-h0xmdi

 

 

 

Retail & Tourism

Daigou hub: Australia’s first opens in Sydney

The Weekly Times, 08 Mar. 2018

AUSTRALIA’S first daigou hub has opened in Sydney.

https://www.weeklytimesnow.com.au/news/national/daigou-hub-australias-first-opens-in-sydney/news-story/413c8c09b9d6a41bfbdc7ee24d8bf339

 

Australia among the top three countries selling products into China through Tmall Global

Smart Company, 13 Mar. 2018

Australia is among the top three nations importing products into China using Alibaba platform Tmall, according to Tmall Global’s 2018 consumers report.

https://www.smartcompany.com.au/industries/retail/australia-third-top-seller-on-tmall-global/

 

Tourism Australia's new $12m fund to lure big-spending business delegates

AFR, 14 Mar. 2018

Tourism Australia is launching a $12 million fund to help states bid for lucrative business incentive trips, conferences and exhibitions where big-spending delegates spend twice as much as your average tourist.

http://www.afr.com/news/politics/tourism-australias-new-12m-fund-to-lure-bigspending-business-delegates-20180313-h0xfvc

 

Tasmania tourism growth surges: Chinese flock to the Australian island state

Traveller, 15 Mar. 2018

Australia's fastest-growing tourist destination is our smallest state, the sleepy island of half a million people that some mainlanders still mock for being a backwater.

http://www.traveller.com.au/tasmania-tourism-growth-surges-chinese-flock-to-the-australian-island-state-h0xfud

 

Australia's top brands in China revealed

The Australian, 15 Mar. 2018

A little-known beauty brand called Australian Creams has topped a list of the most trusted national name among mainland Chinese consumers, according to a new index to be revealed by Monash University today. 

https://www.theaustralian.com.au/business/companies/australias-top-brands-in-china-revealed/news-story/73519707fbf30cd1e3b55b3684f79784

 

 

Education

China raises concerns about student visa delays

AFR, 13 Mar. 2018

China has raised concerns about the long visa approval process for government-funded postgraduate students seeking to study at Australian universities amid suggestions the delays are politically motivated following fears about Beijing's alleged influence on university campuses.

http://www.afr.com/news/policy/education/china-raises-concerns-about-student-visa-delays-20180313-h0xep0


 

China Domestic

China Remembers Givenchy For His Ties to Hepburn, the Original KOL

Jing Daily, 14 Mar. 2018

Shortly after news broke that Hubert de Givenchy had died at the age of 91, the hashtag #纪梵希去世# (“Givenchy passed away”) went viral on Weibo. It became the top trending term on the platform, receiving up to 65,000 searches per hour.

https://jingdaily.com/givenchy-hepburn-kol/