The Wild Wild East 28 March 2018

Property

Sydney, Melbourne house sales slowed in 2017 on stock shortages, investor curbs

AFR, 20 Mar. 2018

Home sales in Sydney and Melbourne fell last year to their lowest levels in at least four years as stock shortages kept listings low and tighter credit rules hampered investor purchases.

http://www.afr.com/real-estate/sydney-melbourne-house-sales-slowed-in-2017-on-stock-shortages-investor-curbs-20180320-h0xpiq

 

ANZ boss Shayne Elliott tips soft landing for housing

The Australian, 22 Mar. 2018

 A soft landing in the housing market is likely because Australias highly indebted households also have a high savings rate but there will be pain for some property developers, according to ANZ boss Shayne Elliott.

https://www.theaustralian.com.au/business/property/anz-boss-shayne-elliott-tips-soft-landing-for-housing/news-story/ad1296287be529266b9a45649c065abe


Easter hunt for property keeps houses open for viewing

News.com.au, 24 Mar. 2018

A SURGE in the number of potential buyers has prompted some northern beaches real estate agents to cancel Easter holidays in favour of opening houses for inspection.

http://www.news.com.au/finance/real-estate/sydney-nsw/easter-hunt-for-property-keeps-houses-open-for-viewing/news-story/881feb08585dcf984697f63633e3844b

 

Australian housing market ‘sleepwalking into disaster’

News.com.au, 24 Mar. 2018

HOUSE prices have increased sevenfold in Australia in the past 30 years - but what goes up, must eventually come down. Is anyone prepared?

http://www.news.com.au/finance/real-estate/buying/australian-housing-market-sleepwalking-into-disaster/news-story/6fb6acdfc19a478256d389b4bf11be05

 

 

Currency & Financial

The view from China: tariffs key threat to world economy

The Australian, 19 Mar. 2018

US trade sanctions are the key risk to the world's major economies, according to a group of eminent economists, one of whom concluded that at least US President Donald Trump won't be around forever, even if Chinese President Xi Jinping is.

https://www.theaustralian.com.au/business/opinion/john-durie/the-view-from-china-tariffs-key-threat-to-world-economy/news-story/50f6563cd49e8c7099122162c28f5354

 

Australia to take own path with China on intellectual property

The Australian, 21 Mar. 2018

Trade Minister Steve Ciobo today distanced himself from the US push to take action against China on intellectual property theft saying Australia had not faced the same issues.

https://www.theaustralian.com.au/business/australia-to-take-own-path-with-china-on-intellectual-property/news-story/19ccd80bef510ace75e6c0ad3d9def95

 

For investment opportunities in Australia, look beyond banks: Credit Suisse

CNBC, 21 Mar. 2018

Australia may be a low-growth market, but there are still opportunities for international investors, according to Credit Suisse.

https://www.cnbc.com/2018/03/21/for-investment-opportunities-in-australia-look-beyond-banks-credit-suisse.html

 

 

Agriculture

Australian fruit and nut exports to China up 500% in last four years

Fresh Plaza, 19 Mar. 2018

ANZFuture of Fresh reports that fruit and nut exports from Australia to China have increased by 500% in the last four years.

http://www.freshplaza.com/article/191275/Australian-fruit-and-nut-exports-to-China-up-500-procent-in-last-four-years

 

Harvard University goes nuts for almonds Down Under

The Australia, 19 Mar. 2018

Harvard University is developing about 600ha of former potato fields and other farmland in NSW, building a new dam and planting trees that will take about three years to bear their first edible crops.

https://www.theaustralian.com.au/business/markets/harvard-university-goes-nuts-for-almonds-down-under/news-story/c7cb12845995227b65c3667ac34ec7c9

 

Meat and Livestock Australia: Chilled beef is hot stuff in China

The Weekly Times, 20 Mar. 2018

CHILLED beef into China is an increasingly valuable market opportunity for Australia.

https://www.weeklytimesnow.com.au/agribusiness/cattle/meat-and-livestock-australia-chilled-beef-is-hot-stuff-in-china/news-story/0b086f9d879def522cf51a201750c84a

 

International buyers drive demand for wool as prices surge

Radio Australia, 24 Mar. 2018

It has been a rollercoaster ride over the past 30 years, but the future of wool is looking bright with international buyers once again looking to buy Australian wool.

http://www.radioaustralia.net.au/international/2018-03-24/international-buyers-drive-demand-for-wool-as-prices-surge/1744880

 

 

Resources

Glencore Doubles Down on Coal With $1.7 Billion Australian Investment

Wall Street Journal, 20 Mar. 2018

LONDON—Glencore PLC added to its growing portfolio of coal assets with a $1.7 billion investment in a pair of Australian producers—part of a bet by the mining giant that demand for coal in Southeast Asia will remain strong, even as competitors shy away from the stuff.

https://www.wsj.com/articles/glencore-doubles-down-on-coal-with-1-7-billion-australian-investment-1521550830

 

Citigroup's Richard Saywell predicts a pick up in resources M&A
AFR, 23 Mar. 2018

Mid-sized resources companies are likely to increasingly seek offshore acquisitions to counter declining growth in Australia and will be backed by investors with a fresh appetite to support expansion by financially solid companies, according to Citigroup's lead investment banker in the sector.

http://www.afr.com/business/energy/oil/citigroups-richard-saywell-predicts-a-pick-up-in-resources-ma-20180322-h0xuty



Retail & Tourism

Local Chinese shoppers, or daigou, hungry for Australian food

The Australian, 19 Mar. 2018

The Australian-based daigou, or personal shoppers, are becoming increasingly important in selling Australian food products to Chinese consumers, according to Livia Wang, director of consulting firm Access CN.

https://www.theaustralian.com.au/business/in-depth/global-food-forum/local-chinese-shoppers-or-daigou-hungry-for-australian-food-brands/news-story/b45321308684b78c4f9bcc92103e89e2

 

Travel top priority: survey

Global Times, 12 Mar. 2018

The Chinese economy might be slowing and facing considerable challenges, but the country's rising middle class appears to be unconcerned, with many spending heavily on travel both domestically and internationally.

http://www.globaltimes.cn/content/1092918.shtml

 

James Packer, Australian Billionaire, Resigns From Casino Company

NY Times, 20 Mar. 2018

SYDNEY, Australia — James Packer, a colorful Australian billionaire who has found himself embroiled in a corruption scandal involving Israel’s prime minister, has resigned as a director of Crown Resorts, the casino company that is a source of much of his wealth.

https://www.nytimes.com/2018/03/20/world/australia/james-packer-australia-resigns-casino.html

 

A$5,888-a-night room with karaoke reveals Australia's China bet

The Business Times, 25 Mar. 2018

[SYDNEY] Star Entertainment Group's newest luxury hotel reveals the Australian casino operator's own naked bet on big-spending Chinese gamblers.

https://www.businesstimes.com.sg/consumer/a5888-a-night-room-with-karaoke-reveals-australias-china-bet

 

 

Education

Stop relying on Chinese international students, ASEAN countries say to Australia

ABC Online, 21 Mar. 2018

Calls for Australia to stop relying so heavily on Chinese international students and start looking to its neighbours for students will be discussed at an ASEAN education meeting in Malaysia today.

http://www.abc.net.au/news/2018-03-21/stop-relying-chinese-international-students-asean-to-australia/9568462

 

Swinburne launches advanced manufacturing centre in Weihai, Shandong

Swinburne, 20 Mar. 2018

A new research centre has been launched in Weihai, Shandong, connecting Swinburne with industry in China and South Korea.

http://www.swinburne.edu.au/news/latest-news/2018/03/swinburne-launches-advanced-manufacturing-centre-in-weihai-shandong.php

 

Migrant children at the head of the class in Australia, OECD report finds

ABC Online, 20 Mar. 2018

Children from India, the Philippines and China are outperforming their Australian-born classmates by significant margins, according to a global education report.

http://www.abc.net.au/news/2018-03-20/migrant-kids-are-finding-success-in-australian-classrooms/9563440

 

 

China Domestic

Canada the lion dog? Overseas Chinese have the most sensational false video to the fire Chinese......

China Is Good, 20 Mar. 2018

Yesterday, Toronto's WeChat circle of friends are crazy for this video:

http://www.chinaisgood.com/wn/349/xaivfjmhe.html