The second Asian wave: Macau investors land in Australia with cash to spend
AFR, 20 June 2018
If the year had been 2015, an underbidder of a prized office tower like 187 Thomas Street in Sydney's Chinatown would likely be a cashed-up Chinese or local investor.
Foreign buyer crackdown misses many property deals, says audit
The Australian, 20 June 2018
Analysis undertaken by the Australian National Audit Office has found the federal governments crackdown on foreign investors in residential ...
China's Aqualand takes 15pc stake in real estate agency McGrath
The Australian, 20 June 2018
The most recent deal will see Aqualand take a 15 per cent stake in listed real estate agency McGrath as well as a board seat.
Investor lending falls almost $100 billion in 12 months as property market softens
ABC Online, 22 June 2018
The steady strangulation of investors in the property market has intensified with the outstanding value of interest-only loans falling by almost $100 billion over the past year.
Currency & Financial
Australian dollar sinks to one-year low, Wall Street dips on US-China trade war concerns
ABC Online, 19 June 2018
The Australian dollar sank to a one-year low, as US-China tensions continue to fester and base metal prices slid.
McGrath shares are soaring after property developer Aqualand takes a 15% stake
Business Insider Australia, 20 June 2018
Property development and investment group Aqualand Group has made a $10.7 million strategic investment in ASX-listed real estate agent McGrath.
Fears about rollover of interest-only loans in Australia
News.com.au, 21 June 2018
FOR years a property boom in Australia has been partly fuelled by the growth of interest-only loans but this is coming to an end, sparking fears of a “nightmare scenario”.
Growth Farms offers investors a slice of Australian farmland
By Beef Central, 20 June 2018
Specialist agricultural asset manager Growth Farms Australia this week launched an innovative investment trust that will buy agricultural land and lease it to primary producers. Farm leasing is a well-established model in the US and other markets, and Growth Farms Australia says it also has strong potential in the local agricultural sector.
Record shipment of alpaca fleece to China signals new industry for Australia
ABC Online, 24 June 2018
Record volumes of alpaca fleece are being shipped to China in what is hoped will set the industry up as a major new arm of Australian agriculture.
Australia’s wool industry to celebrate 50 year-plus China partnership
By Sheep Central, 25 June 2018
AUSTRALIA’S wool industry will this year celebrate more than 50 years of successful wool trading and industry development co-operation with China.
Renewables to account for 90pc of Australian power by 2050: report
SMH, 19 June 2018
A new report forecasts renewable generation will account for more than 90 per cent of Australian power by 2050 as nearly all of the nation’s coal-fired power stations close in the next 30 years, and costs for new build renewables fall compared to coal.
Retail & Tourism
Australia eyes cosmetics boom as China eases mandatory animal testing
AFR, 22 June 2018
Australian exporters are eyeing China's $60 billion cosmetics market following a breakthrough in efforts to end mandatory animal testing on beauty products, which has prevented many companies from selling products in the world's second-largest economy.
Tourism changes needed to make WA China-Ready: report
Australia China Business Review, 25 June 2018
Western Australian tourism operators aren’t doing enough to attract Chinese visitors, according to a new report, which showed small changes to government policy could have a big impact in terms of attracting more tourists.
No wallet, no worries: Australian shops adopt Chinese payment apps
SBS, 24 June 2018
Vicky Yang pays for her groceries, not with cash or card, but by using an app on her mobile phone.
China leads billion-dollar, education-driven Asian land grab in Brisbane
Courier Mail, 24 June 2018
CASHED-up Asian investors and “tiger mums” spent more than $1 billion in a Brisbane property binge last year. Foreign families have flocked ...
Chinese property investment soars in Qld as record number of uni students enrol
The Australian, 25 June 2018
Chinese property investment is soaring in Queensland as a record number of students from the country enrol to study in the Sunshine State.
The Many Faces of China’s Soccer Fanatics
The Sixtone, 22 June 2018
SHANGHAI — China isn’t competing in the FIFA World Cup this year — not that you’d know it from the soccer mania that has taken hold of the country.