The Wild Wild East 07 March 2018


Inbound Chinese investment drops 60pc to $2.8b

SMH, 28 Feb. 2018

Regulatory changes and tightening lending conditions has had a toll on total Chinese outbound investment into Australian commercial property, with a fall of 60 per cent reported in the past year. pushes ahead with home loans

The Australian, 26 Feb. 2018

That's the view of head of home loans Andrew Russell, who wants to make the property search giant a one-stop shop where users can find a home and get a mortgage.


Australia's banking regulator says the limit on property investor loans is reaching 'the end of its useful life'

Business Insider Australia, 01 Mar. 2018

Australia’s banking regulator indicated today that it’s ready to lift home-loan restrictions on investor lending which have been in place since 2014.


Housing prices slip for fifth straight month, national property report finds

ABC Online, 01 Mar. 2018

Australian housing values have slipped for the fifth straight month, as the crackdown on interest-only lending continues to dampen housing demand.


Australia’s top beach earns a new national property crown, 03 Mar. 2018

MANLY has hit the national spotlight again with the release of a major property report showing it is the number one suburb in Australia for overseas people looking to buy.



Currency & Financial

Australian Dollar Hurt by Holiday-Skewed China Manufacturing PMI

Daily FX, 28 Mar. 2018

The Australian Dollar took a hit, though gave back some of its losses, immediately after we received a snapshot of China’s manufacturing sector. In February, the official PMI reading was 50.3 versus 51.1 expected and 51.3 in January. This was the slowest pace of expansion since July 2016. Keep in mind, a reading above 50 indicates growth while those below show contraction.

Foreign investors continue influence in Australia

The Investor, 02 Mar. 2018

Offshore capital will continue to target Australian real estate this year, with new capital sources and destinations in play.


Virgin hails HNA links despite debt fears

The Australian, 04 Mar. 2018

HNA has been selling off some of its property assets around the world, including in Australia, to reduce its debt. But it is regarded very differently by Chineseauthorities, with state-backed investment company CITIC extending a $US3.2 billion ($4.1bn) credit line to the company last month.




New China chief for Wine Australia, David Lucas

Adelaide Now, 05 Mar. 2018

EXPERIENCED Asian wine operator David Lucas is the new regional general manager greater China for Wine Australia. Launches Australian Beef Blockchain Project

Which-50, 02 Mar. 2018

Chinese ecommerce giant is partnering with Australian beef exporter InterAgri to launch a blockchain-enabled traceability system aimed at providing greater transparency about the provenance of beef sold in China.




Bold strategy of China's Yancoal in Australia pays off

Xinhua, 01 Mar. 2018

SYDNEY, March 1 (Xinhua) -- The Chinese-owned coal producer Yancoal Australia Ltd has reported a huge jump in their full year financial results on Thursday, up 624 million Australian dollars (482.65 million U.S. dollars) on the previous year.


Rio Tinto facing further legal fight over coal investment

ABC Online, 02 Mar. 2018

The Australian Securities and Investments Commission (ASIC) said it has commenced proceedings against the mining giant, its former chief executive Tom Albanese and former chief financial officer Guy Elliott.



Retail & Tourism

The three Aussie shopping centres most popular with Chinese tourists

SMH, 27 Mar. 2018

For every 100 Chinese tourists on a long-term holiday to Australia, 15 will set foot in Sydney’s Chatswood Chase shopping centre three or more times.


We've long heard Australian retail is doomed, but the reality isn't that simple

ABC Online, 01 Mar. 2018

Some of Australia's biggest shopping brands — JB Hi-Fi, Coles and Woolworths — have opened the cash registers to reveal massive profits.


Alibaba Data Proves Consumerism Is Taking Over Chinese New Year

Sixth Tone, 02 Mar. 2018

Today marks the arrival of the Lantern Festival, one of China’s most evocative holidays.




Students from China, India and Nepal surge at Australian universities despite jobs squeeze

SMH, 01 Mar. 2018

Chinese and Indian students have not been deterred by negative media coverage or reports of racist attacks, and are flocking to Australian universities in record numbers.



China Domestic

Ancient Chinese skincare tool gains new popularity in the US

China Daily, 05 Mar. 2018

Amid a shrinking market for beauty equipment, the jade roller, an ancient Chinese skincare tool, has recently gained new popularity in the US.