‘Another hindrance’ for already-weak market: Westpac stops SMSF home lending
Domain, 16 July 2018
Westpac has sent another shiver through an already-anxious Australian property market by announcing it will no longer lend to self-managed super funds wanting to invest in residential property.
AUSTRALIA BIDS TO BE TOP DESTINATION FOR CHINESE PROPERTY INVESTORS
JLL The Investor, 17 July 2018
Australia is closing in on the United States to become the primary destination for Chinese offshore capital as domestic regulation forces Chinese investors diversify their strategies.
Developers look to non-bank lenders
SMH, 21 July 2018
More development projects and property investments are being financed by non-bank lending as banks crimp their loan books in the face of regulatory pressures.
Currency & Financial
Australia, NZ dollars dip on China slowdown worries
Reuters, 16 July 2018
SYDNEY, July 16 (Reuters) - The Australian and New Zealand dollars eased slightly on Monday on news China had posted weaker-than-expected industrial production for June, raising fears of a slowdown there.
Reserve Bank focuses on household debt risks
ABC Online, 17 July 2018
High levels of household debt fuelled by record low interest rates and easy access to finance are particularly prominent in Australia's real estate market, the Reserve Bank has warned.
ANBANG SAID LOOKING TO SELL $10B IN OVERSEAS PROPERTIES AND MORE ASIA REAL ESTATE HEADLINES
Mingtiandi, 22 July 2018
With HNA’s clearance sale still in full force, another of China’s high profile cross-border players is getting ready for its $10 billion end of season promotion. The mainland’s biggest developer also continues to grab
Alpacas from Australia help China’s poverty alleviation
Global Times, 15 July 2018
A unique effort at poverty alleviation is underway in China's Shanxi and Gansu provinces as companies are importing alpacas from Australia to help local farmers dramatically increase their income.
PepsiCo and Select Harvests target China with Lucky brand nut deal
Just Food, 19 July 2018
PepsiCo has signed a deal with Select Harvests to distribute the Australian firm's Lucky brand nuts, seeds and blends in China.
Coal still king as export sales soar for Yancoal
The Australian, 22 July 2018
Chinese-backed Hunter Valley coalminer Yancoal Australia says export sales of thermal coal have soared as it takes on additional production from its recently ...
Retail & Tourism
Chinese visitors boost tourism spending
Daily Mail, 18 July 2018
Cashed-up Chinese visitors to Australia have helped boost spending by international tourists by six per cent to a record $42.3 billion.
AuMake’s Burwood Daigou Hub leads
Inside Retail, 18 July 2018
Daigou company AuMake has released its June quarterly report today showing the company’s overall sales and gross profit have continued to lift, despite a seasonal decline with less Chinese tourists visiting Australia over the winter period.
Douyin to give tech giants a run for their money
Ecns.cn, 19 July 2018
Upstart short-video app Douyin is going viral.
Aussie company and uni aiming to improve baby formula to sell more to China
Kidspot, 18 July 2018
This comes as tins of formula are still being stripped off the shelves at a rate of knots on our local shores to keep up with the increasing Chinese demand.
Croatia in Chinese Eyes: War, Goats, and a Bikini-Clad President
Sixth Tone, 20 July 2018
Before the FIFA World Cup, most people in China only knew Croatia as the country where “Game of Thrones” is filmed. But when the Croatian team made the final, they won the hearts of many for their passion and persistence despite eventually losing to France.