Chinese capital controls send tremor through Australian property

The group – all local Aussies looking to purchase their first homes – were shuttled to five new apartment projects where brochures promised they could “capitalise on international deposit defaults” and snap up properties at sharp discounts. The homes were mostly being sold by Chinese investors unable
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For Westpac Banking Corporation (NYSE:WBK) Wednesday was another day of strong-handed buying, with the high volume day punctuated by a rise from previous close. Trading activity expanded to 0.25 million shares from the 90-day average tally of 0.15 million shares per day. The price at the open
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Tech pioneer Brendan Eich is trying to force the adoption of a new advertising model for the internet. by. Leonid Bershidsky. @Bershidsky More stories by Leonid Bershidsky. December 7, 2017, 10:00 PM PST. Incumbents beware. Photographer: Peter Foley/Bloomberg. I have long considered today's
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“Empathy,” said Hyatt Hotels CEO Mark Hoplamazian at Fortune's Global Forum conference in Guangzhou, China on Friday. “The practice of empathy is critical to our business.” Hoplamazian said the hotel giant uses Big Data—the crunching huge amounts of information—and the related machine
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Theresa May, U.K. prime minister, shakes hands with Jean-Claude Juncker, president of the European Commission, in Brussels, Belgium, on Dec. 8, 2017. Dario Pignatelli—Bloomberg. By Reuters. Updated: December 8, 2017 3:44 AM ET. Britain and the European Union struck a deal on Friday to move
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At least 100 Boston millennials gathered Monday evening in the spacious top-floor restaurant of Back Bay's Towne Stove and Spirits to learn more about entering Boston's housing market at SPARK Boston's Millennial Homeownership Open House. SPARK Boston is an organization that works to
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A new housing company could soon be set up by Liverpool City Council, with mayor Joe Anderson promising that the proposals will “radically reshape Liverpool's housing market”. A report to the local authority's cabinet ahead of its meeting on Friday, 15 December 2017 is recommending that the
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Mumbai-based digital SME lending platform FlexiLoans has raised an institutional debt funding of about $7 Mn (INR45 Cr) from Financial Institution(s). The funding will be used to expand its proprietary loans and supply chain financing segment. Founded by four ISB classmates Deepak Jain, Abhishek
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As Russia's President Vladimir Putin oversees the official start of a $27 billion liquefied natural gas plant in the snow-covered tundra of northern Siberia, his mind may wander to its biggest competitor more than 3,000 miles away in Qatar. While the two regions may have vastly different climates, Putin is
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John Bibby, chief executive of the Association of Retained Council Housing, said the figures were another sign of a broken housing market. He said: “We talk about the broken housing market and this is just another part of that. “The Government has promised a root-and-branch green paper on social
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Kites with photos of Narendra Modi and Rahul Gandhi at a shop ahead of Gujarat's legislative assembly election, in Ahmedabad on Dec. 7, 2017. Photographer: Sam Panthaky/AFP/Getty Images. A cakewalk state election has turned into a “neck-and-neck” race for India's prime minister as a landmark tax
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Mortgage rates were unchanged today, on average, although a few lenders made small adjustments to rates sheets in response to bond market
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(We recommend taking advantage of that mealkit subscription discount while you still can.) The article is part of the Fortune 2018 Crystal Ball, our
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But speaking with Fortune ahead of the Hasbro news, Georgiadis said she's upbeat about Mattel's holiday sales. “Consumer sentiment is strong.
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Solving the problems in Ireland's housing market should not be “consumed by short-term measures to deal with the awful problem of homelessness”,
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The governor of the Central Bank of the UAE wants private equity firms to help fill the void left by banks that have cut lending to SMEs in recent years
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Since the Federal Housing Finance Agency launched a credit risk transfer program for GSEs Fannie Mae and Freddie Mac in 2013, the enterprises
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Plenty to Be Thankful for in Real Estate. Daily Real Estate News | Wednesday, November 22, 2017. The housing market may be facing some
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… Loan Fund of New Jersey, while the winning bidder for the smaller pool is Preserving City Neighborhoods Housing Development Fund Cooperation.
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The importance of the housing market to the overall economy was vividly demonstrated by the 2008 housing collapse, which resulted in millions of
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