The Wild Wild East 27 June 2018

Property

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.

https://www.afr.com/real-estate/the-second-asian-wave-macau-investors-land-in-australia-with-cash-to-spend-20180618-h11jks

 

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 ...

https://www.theaustralian.com.au/business/property/foreign-buyer-crackdown-misses-many-property-deals-says-audit/news-story/73325b1e1f47746b113e4c1f4aceb5d3

 

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. 

https://www.theaustralian.com.au/business/chinas-aqualand-takes-15pc-stake-in-real-estate-agency-mcgrath/news-story/6bc4826cff0e0b2feb9e2c24ec065e8f

 

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.

http://www.abc.net.au/news/2018-06-22/investor-lending-strangled-falling-16pc-over-the-year/9898244

 

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.

http://www.abc.net.au/news/2018-06-19/australian-dollar-1-year-low-wall-street-dips-us-china-trade-war/9884836

 

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.

https://www.businessinsider.com.au/mcgrath-aqualand-strategic-stake-2018-6

 

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”.

https://www.news.com.au/finance/fears-about-rollover-of-interestonly-loans-in-australia/news-story/88416ef076eb77e3fdbd0227647697ad

 

Agriculture

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.

https://www.beefcentral.com/property/growth-farms-offers-investors-a-slice-of-australian-farmland/

 

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.

http://www.abc.net.au/news/2018-06-24/record-shipment-of-alpaca-fleece-to-china-signals-industry-shift/9890826

 

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.

https://www.sheepcentral.com/australias-wool-industry-to-celebrate-50-year-plus-china-partnership/

 

Resources

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.

https://www.smh.com.au/business/the-economy/renewables-to-account-for-90-per-cent-of-all-australian-power-by-2050-says-new-report-20180619-p4zmcm.html

 

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.

https://www.afr.com/news/world/asia/australia-eyes-cosmetics-boom-as-china-eases-mandatory-animal-testing-20180621-h11pbt

 

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.

https://www.acbr.com.au/tourism-changes-needed-make-wa-china-ready-report

 

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. 

https://www.sbs.com.au/news/no-wallet-no-worries-australian-shops-adopt-chinese-payment-apps

 

Education

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 ...

https://www.couriermail.com.au/news/queensland/china-leads-billiondollar-educationdriven-asian-land-grab-in-brisbane/news-story/8fcf11cac596b269ec829d51bebda538

 

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.

http://www.abc.net.au/news/2018-06-25/chinese-property-investment-soars-in-south-east-queensland/9905558

 

China Domestic

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.

http://www.sixthtone.com/news/1002499/the-many-faces-of-chinas-soccer-fanatics