The Wild Wild East 18 April 2018

Property

Sydney, Melbourne house prices are now global IMF warns

AFR, 10 Apr. 2018

The world's housing markets have become remarkably synchronised, according to International Monetary Fund research that warns Australian property prices may be vulnerable to unexpected foreign shocks.

http://www.afr.com/news/economy/sydney-melbourne-house-prices-are-now-global-imf-warns-20180409-h0yjty

 

Record high for approved projects waiting in the wings

News.com.au, 11 Apr. 2018

THE level of approved residential developments waiting in the wings has hit a record high.

http://www.news.com.au/finance/real-estate/record-high-for-approved-projects-waiting-in-the-wings/news-story/c6340f993156fea2f6e2a437e248c50d

 

Melbourne suburbs Australia’s most in demand

News.com.au, 12 Apr. 2018

HALF of Australia’s top 10 most in demand suburbs are in Melbourne, according to realestate.com.au’s new Property Outlook report. See which postcodes are whipping up a clicking frenzy.

http://www.news.com.au/finance/real-estate/melbourne-vic/melbourne-suburbs-australias-most-in-demand/news-story/e58caca8e0cd9bb55e9fd92715a04833

 

Buyers are losing interest in Sydney property

Business Insider Australia, 12 Apr. 2018

A seachange is underway across Australia’s housing market.

https://www.businessinsider.com.au/australia-house-prices-sydney-fall-buyer-demad-2018-4

 

Melbourne No. 1 with offshore investors

News.com.au, 12 Apr. 2018

MELBOURNE is the No. 1 Australian city for global property players in the Asia Pacific region, a new survey has revealed, while Sydney has fallen down the rankings.

http://www.news.com.au/finance/real-estate/melbourne-vic/melbourne-no-1-with-offshore-investors/news-story/3cd0133d959eedcc50df55ca4dee19da

 

 

Currency & Financial

Chinese walls coming down for Australian banks

SMH, 11 Apr. 2018

Boao, China: Financial services companies will face an easier path to doing in business in China by the end of June as the country seeks to stave off a trade war with the United States.

https://www.smh.com.au/business/banking-and-finance/chinese-walls-coming-down-for-australian-banks-20180411-p4z915.html

 

Australian venture capital investment hit $130.5 million in the first three months of 2018

Business Insider Australia, 12 Apr. 2018

Venture capital investment in Australia reached $US130.5 million across 16 transactions in the three months to March, according to analysis by KPMG.

https://www.businessinsider.com.au/australian-venture-capital-investment-hit-130-5-million-in-the-first-three-months-of-2018-2018-4

 

Australian businesses air concerns as China strain threatens trade fair

Reuters, 13 Apr. 2018

SYDNEY (Reuters) - Australian businesses which trade with China criticized their government on Friday as the looming cancellation of an event designed to encourage cross-border trade heralded a “low point” in diplomatic relations between the countries.

https://www.reuters.com/article/us-australia-china/australian-businesses-air-concerns-as-china-strain-threatens-trade-fair-idUSKBN1HK13Q


Australia Week in China won’t be affected by Canberra-Beijing tensions, officials say

South China Morning Post, 15 Apr. 2018

New legislation in Australia aimed at curbing foreign interference in domestic affairs may be a sign of growing anxiety about China’s political influence in the country, but officials said it will not jeopardise a planned business event between the two nations.

http://www.scmp.com/news/china/diplomacy-defence/article/2141783/australia-week-china-wont-be-affected-canberra-beijing

 

 

Agriculture

Infant formula makers go after China's $2bn goat milk market

The Australian, 13 Apr. 2018

 While the Asian (mainly Chinese) demand remains resilient, the market is becoming increasingly crowded as dairy producers seek to avoid the depressed market for commoditised milk

https://www.theaustralian.com.au/business/infant-formula-makers-go-after-chinas-2bn-goat-milk-market/news-story/23b6424a40dd8563a5fc96eeb861b885

 

China tour offers malting barley insight

Farm Weekly, 15 Apr. 2018

A TOUR to China has given the South East Premium Wheat Growers Association (SEPWA) China a taste of local malt barley export demands.

http://www.farmweekly.com.au/news/agriculture/general/events/china-tour-offers-malting-barley-insight/2757027.aspx

 

China Eyes Australian Donkey Export

VOA News, 15 Apr. 2018

SYDNEY — The Northern Territory government in Australia says it has been approached by nearly 50 Chinese companies looking to buy land to start donkey farms. Demand for donkey products, especially donkey-hide gelatin is increasing in China, while global supplies are falling.

https://www.voanews.com/a/china-eyes-australian-donkey-exports/4348856.html

 

 

Resources

Clean energy financier invests $150m in infrastructure fund to lower emissions

The Guardian, 11 Apr. 2018

The Clean Energy Finance Corporation is investing $150m in Australia’s largest infrastructure fund to drive emissions reduction across some of Australia’s biggest airports, ports and electricity infrastructure assets.

https://www.theguardian.com/australia-news/2018/apr/12/clean-energy-financier-invests-150m-in-infrastructure-fund-to-lower-emissions

 

 

Retail & Tourism

China tourist boom drives Marriott expansion

Australia China Business Review, 12 Apr. 2018

The world’s largest hotel chain is sharpening its focus on the Asia Pacific, investing heavily to capitalise on the increasing mobilisation of Chinese tourists.

http://www.acbr.com.au/index.php/china-tourist-boom-drives-marriott-expansion

 

First direct flights between China and Australia's Northern Territory announced

Global Times, 13 Apr. 2018

The first-ever direct flight route from Darwin in Australia's Northern Territory (NT) to China was announced on Friday.

http://www.globaltimes.cn/content/1097794.shtml

 

 

Education

Universities ‘carrying the can’ as Australia-China tensions grow

Times Higher Education, 15 Apr. 2018

As Beijing and Canberra trade blows over foreign interference and academic freedom, leading analyst predicts things will get worse before they get better

https://www.timeshighereducation.com/news/universities-carrying-can-australia-china-tensions-grow

 

 

China Domestic

Zuckerberg praised by Chinese netizens for surprising answer to senator’s question on China

Shanghaiist.com, 11 Apr. 2018

Facebook CEO Mark Zuckerberg has become something of a hero in China today for his unexpected answer to one question during his testimony to Congress over his company’s colossal data sharing scandal.

https://medium.com/shanghaiist/zuckerberg-praised-by-chinese-netizens-for-surprising-answer-to-senators-question-on-china-c3be6160639f

 

Chinese 'Hugh Jackman' Yunxiang Gao denied bail over alleged sexual assault in Sydney

ABC Online, 10 Apr. 2018

Yunxiang Gao has pleaded not guilty to two counts of aggravated sexual assault, which are alleged to have occurred at Sydney's Shangri La hotel early in the morning on March 27.

http://www.abc.net.au/news/2018-04-10/chinese-hugh-jackman-yunxiang-gao-refused-bail-in-sydney/9636086