The Wild Wild East 20 June 2018

Property

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.

https://www.commercialrealestate.com.au/news/chinese-investors-now-after-smaller-higher-quality-real-estate-in-australia-report/

 

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.

https://www.afr.com/personal-finance/borrowers-face-twofold-increase-in-property-deposits-as-lenders-tighten-terms-20180613-h11cwy

 

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 

Investors.

https://www.afr.com/business/banking-and-finance/westpac-shakes-up-loan-book-to-win-back-property-investors-20180612-h11b4l

 

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.

https://www.afr.com/brand/special_reports/private_banking/ing-stops-lending-to-expats-wanting-to-buy-aussie-property-20180614-h11eyq

 

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.

https://www.theaustralian.com.au/national-affairs/immigration/crackdown-fails-to-stem-tide-of-chinese-cash/news-story/c60be048fa4e2d2c375038c8a8199aea

 

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.

https://www.afr.com/opinion/columnists/costs-of-australias-relationship-with-china-are-adding-up-20180611-h1187f

 

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.

https://www.businessinsider.com.au/chinese-investors-australia-apprehensive-cautious-2018-6

 

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.

https://www.businessinsider.com.au/chinese-investment-in-australia-11-2018-6

 

Agriculture

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.

http://www.abc.net.au/radio/programs/nt-country-hour/china-live-ex/9860940

 

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.

https://www.queenslandcountrylife.com.au/story/5470627/aussie-lobsters-china-bound/?cs=4699

 

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.

http://www.scmp.com/week-asia/business/article/2151032/grapes-wrath-dark-clouds-australian-winemakers-china-ties-sour

 

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.

https://www.theadvocate.com.au/story/5470793/tasmanias-stake-in-the-countrys-emerging-agricultural-future/

 

Resources

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..

https://www.businesstimes.com.sg/energy-commodities/yancoal-australia-plans-us800m-listing-in-hong-kong

 

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.

https://www.afr.com/business/retail/fmcg/bubs-australia-pens-deals-with-alibaba-deloraine-dairy-20180607-h114n9

 

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.

https://www.commercialrealestate.com.au/news/sydneys-golden-age-for-luxury-retail-driven-by-tourism-younger-consumers/

 

Education

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.

https://www.theaustralian.com.au/higher-education/why-chinese-women-students-face-problems-in-australia/news-story/1c3967a9815fe0c2c12ff21f1654e3af

 

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

https://www.theaustralian.com.au/higher-education/what-chinese-students-really-think-of-australian-universities/news-story/d3a36519f7e3e48f11a2900ff140d335

 

 

China Domestic

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.

https://twitter.com/ChinaPlusNews/status/1008980774484262912

 

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".

http://www.abc.net.au/news/2018-06-10/first-chinese-settlers-descendants-reconnect-with-their-roots/9845804