CHINESE INVESTORS NOW AFTER SMALLER, HIGHER-QUALITY REAL ESTATE IN AUSTRALIA: REPORT
Commercial Real Estate, 12 June 2018
Chinese investors and developers are targeting smaller, higher-quality real estate assets in Australia in response to Beijing’s recent restrictions on capital outflows, says a report by KPMG and the University of Sydney.
Borrowers face three-fold increase in property deposits as lenders tighten terms
AFR, 14 June 2018
A typical deposit on a $1 million residential property has nearly tripled from about $50,000 to $150,000 as borrowers commit to tougher standards demanded by regulators, increasing pressure on the Bank of Mum and Dad or unsecured loans to make up shortfalls, lending analysis shows.
Westpac shakes up loan book to win back property investors
AFR, 13 June 2018
Westpac, the nation's second-largest lender, is aggressively restructuring its loan book in response to rapidly changing market and regulatory conditions, particularly for property
ING stops lending to expats wanting to buy Aussie property
AFR, 15 June 2018
ING Australia, a division of the global financial giant, is slamming the door shut on expatriate Australians needing finance to buy property here, the second major international bank to cut credit to local borrowers in a week.
Currency & Financial
Crackdown fails to stem tide of Chinese cash
The Australian, 09 June 2018
The amount of cash being brought in from China and declared at the nation’s airports has risen significantly in the past two years, raising questions about whether Beijing’s crackdown on capital flight has investors seeking other ways to move money.
Costs of Australia's relationship with China are adding up
AFR, 11 June 2018
Even if it's not yet publicly spelled out, there's a growing difference of opinion between Australia's political and business leadership over China.
This is why Chinese investors are feeling apprehensive about investing in Australia
Business Insider Australia, 12 June 2018
The political debate about Chinese investment, and reports of increasing Chinese influence in politics, has lifted apprehension among investors from China about Australia.
Beijing's crackdown on overseas investment has hit Australia hard
Business Insider Australia, 12 June 2018
Chinese investment in Australia dropped 11% to $US10.3 billion ($A13.3 billion) in 2017 as China applied the brakes to foreign investing, according to analysis by KPMG and the University of Sydney.
Emerging Chinese market expected to change Australia's northern cattle industry
ABC Online, 12 June 2018
A live cattle exporter believes the Chinese market will change the way cattle producers in northern Australia run their stations.
China a growth market for lobster
Queensland Country Life, 15 June 2018
After Beef Week it was a nice change to head to Western Australia in late May and talk to some lobster growers about their industry and their key market, China.
GRAPES OF WRATH: DARK CLOUDS FOR AUSTRALIAN WINEMAKERS AS CHINA TIES SOUR
South China Morning Post, 16 June 2018
Set in the rolling green hills outside the Queensland capital of Brisbane, Sirromet Winery has placed big bets on China. Exports of its Australian vintage now make up 30 per cent of its total sales, double what it was five years ago. Such is its popularity that Sirromet is now visited regularly by tourists from mainland China, necessitating the need for dedicated Mandarin speaking guides.
AgriFutures Australia targets emerging industries for investment
The Advocate, 17 June 2018
Truffles, quinoa, manuka honey, hemp seed and dairy goat products are just some of the 26 industries highlighted by AgriFutures Australia as priorities, with Tasmania staking a strong claim in their production.
Yancoal Australia plans US$800m listing in Hong Kong
Business Times, 15 June 2018
ASX-listed Yancoal Australia is planning a dual primary listing in Hong Kong this year which could raise about US$600m-US$800m, according to people familiar with the situation..
Retail & Tourism
Bubs Australia continues China push with Alibaba, Deloraine Dairy deal
AFR, 08 June 2018
Bubs Australia is hoping to gain a further foothold in the lucrative Chinese baby formula market after penning a deal with online giant Alibaba Group, as well as local manufacturer Australia Deloraine Dairy.
SYDNEY’S GOLDEN AGE FOR LUXURY RETAIL DRIVEN BY TOURISM, YOUNGER CONSUMERS
Commercial Real Estate, 11 June 2018
Tiffany & Co., Bulgari, Prada, Versace, Louis Vuitton … It’s late-night shopping in Sydney’s city centre and the luxury stores are all bustling.
Why Chinese women students face problems in Australia
The Australian, 12 June 2018
When Chinese students do meet Australian students, they sometimes get a chilly ... families to focus on education and career and go forth as successful women.
What Chinese students think
The Australian, 13 June 2018
Over 100,000 Chinese are paying top dollar to study in Australian universities. Do they enjoy the experience? Is the cost worthwhile? We asked five graduates to tell
Iceland goalkeeper Hannes Thór has thanked Chinese fans for their support
China News Plus, 19 June 2018
Iceland goalkeeper Hannes Thór #Halldórssonhas thanked Chinese fans for their support for Iceland football on Weibo on Sunday.
200 years of Chinese-Australians: First settler's descendants reconnect with their roots
ABC Online, 10 June 2018
Barry Shying and his grandson Nick have a unique surname, which many people over the years have jokingly said sounds "very Chinese".