Date: Monday, 21th September 2015 Does Australia need an institutional debt market? (English) Source: ANZ, 16 September 2015 Since the GFC, the infrastructure debt market in Australia has been overwhelmingly led by the big four banks raising capital from China and Japan. At present, US debt capital market is getting more involved in it, …
Education Talking Points 17-09-2015
Date: Thursday, 17th September 2015 Vocational education, the biggest get-rich quick scheme in Australia (English) Source: smh.com.au, 17 September 2015 Vocational education is Australia’s fastest growing industry by far, with every cent of the money promised coming from the taxpayer. Last year, the system cost the Commonwealth $1.3 billion in subsidies, rising so fast …
Energy Talking Points 16-09-2015
Date: Wednesday, 16 September 2015 Low oil prices tipped to hurt Australia’s GDP (English) Source: AAP, 14 September 2015 Weaker oil prices are expected to be a double-edged sword for Australia by weakening overall economic growth but providing a boost to household spending. A CBA analyst believes the lower price will shave 0.5% from the …
Food & Agribusiness Talking Points 15-09-2015
Date: Tuesday, 15th September 2015 ChAFTA delay set to cost Australia’s dairy industry $20m (English) Source: theage.com.au, 03 September 2015 Australia’s dairy industry is set to lose at least $20 million in expected tariff cuts if the FTA with China is not implemented before Christmas, according to Australian Dairy Farmers president Noel Campbell. Additionally he …
Education Talking Points 10-09-15
Date: Thursday, 10th September 2015 PDF version Chinese ambassador Ma Chao-Xu’s highlights education benefits of ChAFTA (Chinese) Source: Ministry of foreign affairs, 3rd September 2015 In a recent speech Chinese Ambassador Ma Chao-Xu has highlighted his intent to enhance education cooperation in the bilateral relationship, post the finalisation of the FTA. The relationship is currently …
Food & Agribusiness Talking Points 09-09-2015
Date: Wednesday, 09 September 2015 Launch of Chinese Fund for Latin America Cooperation (English) Source: MoA, 2nd September 2015 In an effort to support industrial cooperation with Latin America, the Chinese central bank has recently established a fund of USD $10 bn with the aim of financing major medium to long term projects in …
Energy Talking Points 08-09-2015
Date: Tuesday, September 8th, 2015 Australia’s Woodside makes $8.1 billion bid for PNG-focused Oil Search (English) Source: Agence France Press, 08 September 2015 Australian energy giant Woodside Petroleum has recently made an estimated AUD $11.6 billion bid for Oil Search, in a move to tap into the Papua New Guinea market. Woodside last month reported a …
Financial Services Talking Points 07-09-2015
Date: Monday, September 7th, 2015 Statement about regulations of MNCs’ foreign currency funds in concentrated operation and management (Chinese) Source: safe.gov.cn, 02 September 2015 In order to facilitate trading investment and serve the substantial economy, SAFE decided to implement several pilot programs. These improvements include simplifying opening account requirements and foreign exchange procedures, attempting …
Energy Talking Points 02-09-2015
Date: 2nd September, 2015 PetroChina’s H1 net profit slumps 63% (English) Source: Shanghai Daily, 28th August 2015 Despite an increase in sales volume, China’s largest oil and gas producer, PetroChina Co, has seen net profit plunge by 63% in the first half of the year as falling oil prices squeeze earnings. As a sign of …
Food & Agribusiness Talking Points 01-09-2015
Date: 1st September 2015. Grass roots campaign supports farmers voice on trade (English) Source: National Farmers’ Federation, 27th August 2015. NFF President Brent Finlay has stated that ChAFTA, if ratified, would deliver more jobs and opportunities right through the agricultural supply chain, including for farmers and the communities they support. Additionally, Mr Finlay outlined the …