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  • September 3, 2014
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  1. News - World - AUSTRALIA

    Giant white-headed crocodile shot after killing Australian fisherman

    Posted Aug 19th 2014, 10:12pm by AFP

    ... line late on Monday. Police said the man's wife was with him on the river bank but did not see the moment the animal, believed to be 4.5 metres long, attacked. "The initial ...

    http://www.scmp.com/news/world/article/1577132/giant-white-headed-crocodile-shot-after-killing-australian-fisherman
  2. Property - International - AUSTRALIA

    Foreign investors branch out in Australia's commercial market

    Posted Aug 13th 2014, 05:06am by Bloomberg

    ... for assets, according to Invesco. Global pension and sovereign wealth funds are increasingly investing in malls and warehouses in Brisbane and Perth, said Ian Schilling, head of Australian real estate ... cities, but we see that being diversified as they become comfortable looking at other markets." A building's capitalisation rate is a measure of its investment yield, which falls ...

    http://www.scmp.com/property/international/article/1572228/foreign-investors-branch-out-australias-commercial-market
  3. Property - International - AUSTRALIA

    Chinese buying of Australian homes surges

    Posted Aug 07th 2014, 05:44am by BLOOM

    ... director Joseph Zaja said. The value of mortgages the closely held company arranges through Australian banks is expected to climb to A$500 million in the 2015 calendar year, he said. Ausin ... first set up Ausin in 2009, banks would only finance developments where less than 30 per cent was sold to overseas buyers, he said. "Now, that's up to 100 per cent in some cases," ...

    http://www.scmp.com/property/international/article/1567889/chinese-buying-australian-homes-surges
  4. News - World - AUSTRALIA

    Giant crocodile and bull shark clash in northern Australian river

    Posted Aug 06th 2014, 10:52pm by AFP

    ... and seven-year-old daughter on Tuesday when they spotted something unusual on the river bank. Earlier they had watched as crocodiles, including the huge 5.5-metre male known as Brutus, leapt out of the water to eat pieces of buffalo meat held out on a pole. "It was on the way back to the jetty, we went past Brutus again, he was up on the bank," Paice said from Kakadu National Park. "As ...

    http://www.scmp.com/news/world/article/1567877/giant-crocodile-and-bull-shark-clash-northern-australian-river
  5. Property - International - AUSTRALIA

    Gains in Australian home prices defy talk of market correction

    Posted Aug 06th 2014, 05:15am by Reuters

    ... further capital gains with interest rates remaining low and fixed rates falling further. Australia's major banks recently cut three and five-year fixed-rate mortgages to record lows below 5 per cent, even with the Reserve Bank of Australia expected to hold its cash rate steady at 2.5 per cent for some time yet. However, Lawless said the growth in home prices was tapering in trend ...

    http://www.scmp.com/property/international/article/1567067/gains-australian-home-prices-defy-talk-market-correction
  6. News - Asia - AUSTRALIA

    Australian parliament repeals carbon tax, emissions trading scheme

    Posted Jul 17th 2014, 11:18am by Reuters in Sydney

    ... and the fact that Abbott has retained the A$10 billion Clean Energy Finance Corporation, another of Palmer’s demands. The government-backed loan agency invests in wind, solar, and bioenergy projects ...

    http://www.scmp.com/news/asia/article/1555539/australian-parliament-repeals-carbon-tax-emissions-trading-scheme
  7. Property - International - AUSTRALIA

    Foreigners push up Australian home prices

    Posted Jul 02nd 2014, 04:49am by BLOOM

    ... of the Reserve Bank of Australia, said at a hearing held as part of the housing inquiry last week. Australia tightened rules on foreign investment in real estate in 2010, requiring offshore buyers ... to March, a 93 per cent jump from the same period a year earlier, UBS said. Overseas investment in housing in Australia was now 13 per cent of total turnover, compared with a trend of 8 per cent, ...

    http://www.scmp.com/property/international/article/1544377/foreigners-push-australian-home-prices
  8. News - World - AUSTRALIA

    Zeng Wei angers Sydney by knocking down 106-year-old harbour mansion

    Posted Jun 18th 2014, 11:25pm by WASHPOST

    ... recently expanded a programme to grant permanent residence to foreigners prepared to invest at least A$5 million in Australian businesses. To date, 90 per cent of the applicants have been Chinese. ...

    http://www.scmp.com/news/world/article/1535689/zeng-wei-angers-sydney-knocking-down-106-year-old-harbour-mansion
  9. Property - International - AUSTRALIA

    Australian homeowners paying off mortgages at breakneck pace

    Posted Apr 23rd 2014, 05:20am by Reuters

    ... as houses" has been an oxymoron since the global financial crisis. But it still has a resonance for Australians who use their homes as a piggy bank, salting away money by paying down their mortgages ... in their homes by paying down their mortgages at an accelerated pace. "It's a huge advantage for the market," says Michael Workman, a senior economist at Commonwealth Bank, who estimates ...

    http://www.scmp.com/property/international/article/1494491/australian-homeowners-paying-mortgages-breakneck-pace
  10. Property - International - AUSTRALIA

    Bitcoin meets bricks and mortar

    Posted Apr 02nd 2014, 05:47am by Bloomberg

    ... property, according to the Foreign Investment Review Board. "We're trying to be proactive and innovative, and we do have an influx of international investors and expatriates," Johnston said. "It's cheaper and easier because it takes out the middleman, takes out the fees and charges" associated with more traditional forms of payment like bank transfers, she ...

    http://www.scmp.com/property/international/article/1462527/bitcoin-meets-bricks-and-mortar

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