Australia Country Report | South China Morning Post
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  • Mar 2, 2015
  • Updated: 9:28pm
Australia Country Report

Investors pour into property market

Mainland buyers are snapping up residential properties in Sydney, such as Altona (above), which was bought by a Chinese investor. Photo: AFP

Chinese investment in Australian real estate has grown by almost 60 per cent in the past two years, with buyers and developers focusing largely on Sydney and inner-city Melbourne. Huge interest from cashed-up Chinese buyers has been a major driver for house prices in some suburbs of Sydney and Melbourne to rocket by as much as 27 per cent over the past year. The median house price in Sydney rose by 15 per cent last year.

Monday, 10 March, 2014, 4:00pm

Mining still solid despite slowdown

Demand for Australian iron ore remains strong. Photo: Bloomberg

The slowdown in Chinese growth - to a still-impressive and better-than-expected 7.7 per cent - has certainly hurt Australia's economy. The country expanded its mining capacity as Chinese growth rocketed. Now, as China's expansion slows, global commodity prices have fallen and Australia's economy is growing at a slower pace as mining investment crumples.

10 Mar 2014 - 3:59pm

Illegal shopping tours crackdown leads to fall in Chinese visitors

Putonghua-speaking guides take tourists up the Sydney Harbour Bridge. Photo: Bloomberg

Mainland residents have become the world's biggest travellers and the biggest spending travellers. A total of 97 million mainland tourists left the country last year and about 700,000 headed Down Under - where they splashed out in excess of A$4 billion (HK$27.76 billion) during their average eight to 12-day trip.

10 Mar 2014 - 3:53pm

University of Canberra blends innovation and internationalisation to shape leaders

Professor Stephen Parker, Vice-chancellor and president

Shaping the future leaders of the digital age, the University of Canberra (UC) is increasingly anchoring its curriculum and strategies on digital learning and strong international collaborations. As one of Australia's top-performing emerging universities, UC continues to strengthen its academic impact in providing practical solutions and improving societies. It is constantly forging breakthroughs in the global higher education system through innovation, internationalisation and the belief in a constantly changing world.

10 Mar 2014 - 3:43pm

Figtree eases Asia-Pacific's quantum leap into cloud era

Ricky Au, CEO

The future is in the cloud and wherever there are smartphones, tablets and other mobile devices, according to software expert NTT Data Figtree Systems. For Asia-Pacific, embracing the future also requires adaptability to change, while building on accumulated know-how and invaluable experience.

10 Mar 2014 - 3:08pm

Project developers count on Douglas Partners' site expertise

Michael Nash, Managing director

While Australia's economy adjusts to a stalled mining boom, Douglas Partners presses on and expands its scope as it celebrates 50 years of specialist geotechnical, environmental and groundwater services. With the newly elected government's resolve to revive investment appetite across various sectors, the leading privately owned site investigation company is firmly established to serve local and international project developers.

10 Mar 2014 - 2:59pm

High-yield bonds without managed funds: FIIG Securities

Craig Swanger, head of markets

Australia offers high-yield investors the security of one of the few remaining AAA-rated economies in the world. Until lately, however, the only way for individual investors to access this was through managed funds.

10 Mar 2014 - 2:56pm

NCI secures bottom lines through regional credit solutions

Kirk Cheesman, managing director

Multinational corporations that hedge against commercial and political risks to do business globally are finding the safety net they need in trade credit insurance. As companies increasingly take on risks to become more competitive, trade credit insurance has emerged as an essential financial tool to protect a firm's profitability.

10 Mar 2014 - 2:52pm

Global Switch powers connectivity hubs worldwide

Damon Reid, managing director

The last five years have seen dramatic changes in how people access, use and store data. Users want on-demand information to be delivered securely and cost-effectively, and stored safely for future use. These needs push governments and businesses to review interactions with employees, customers and stakeholders as companies determine the needed information technology (IT) resources and deployment requirements.

10 Mar 2014 - 2:36pm

Tyndall AM serves as gateway between Asia and Australia

Mike Davis, managing director

Combining extensive local expertise with global reach provides companies an edge in an era dubbed the "Asian century" by economic and political experts.

10 Mar 2014 - 2:32pm

Pioneering biotech-focused firm bridges science with business

George Syrmalis, CEO and chairman

A new player in the field of biopharmaceuticals, iQnovate has made a solid imprint on the industry with its innovative business model and value proposition to clients and investors. In operation for merely three years, the Sydney-based firm is recognised as a thought leader. It is the world's first life science organisation to offer intellectual property (IP) asset management services and scientific advice to pharmaceutical and biotechnology companies.

10 Mar 2014 - 2:30pm

Bullish Certitude is firmly positioned for global investments

Craig Mowll, CEO

Certitude Global Investments has been witnessing the highest surge in Australian investors' intentions to tap overseas funds. Data from its own Certitude Global Investing Intentions Index, a measure of investor appetite that keeps the firm on top of the market, confirm this increasing trend. This bullishness, led by self-managed super funds and high-net-worth investors, validates Certitude's investment perspective and strong platform.

10 Mar 2014 - 2:27pm

Platinum delivers long-term gains despite market gloom

Kerr Neilson, managing director

The financial meltdown that culminated in 2008 made it evident to some economists that the crisis was certain to rear its sinister head again. From the subprime crunch to the derivatives debacle, the world saw a myriad of catastrophes that bankrupted individual depositors, too-big-to-fail companies and even whole states.

10 Mar 2014 - 2:21pm

Aptus redefines business landscape with next-generation technology

Chris Spies, group CEO

In the fast-paced, cutthroat environment of information and communication technology (ICT), a technological breakthrough that is in demand one moment may become obsolete the next. Aptus International thrives on the dynamism of the industry and is always a step ahead of ICT infrastructure trends to provide tomorrow's solutions today.

10 Mar 2014 - 2:19pm

AL-KO's RV technology tows industry to higher ground

Sven Mannfolk, managing director

Known for its iconic landscapes and rugged outback beauty, Australia has a fast-expanding motor home, caravan and camping industry. One homegrown company has established a firm foothold in this niche market through technological breakthroughs and innovative developments. Recreational vehicle (RV) components manufacturer AL-KO International has built a comprehensive product range acclaimed for its advanced technology, smart design and excellent performance.

10 Mar 2014 - 2:17pm

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