Saturday, May 7, 2016

China's Australian property investment strong but could start to slow and other top stories.

  • China's Australian property investment strong but could start to slow

    China's Australian property investment strong but could start to slow
    Slower growth in China doesn't mean less investments in Australia Australia's cooling housing market did not stop Chinese property investor inquiries jumping 87 per cent in 2015, new data from online property giant Juwai.com show.In the most targeted market of Sydney, Chinese buyers set their sights on Waterloo, Bankstown, central Sydney and Turramurra. In Melbourne, they focused on Brighton, Port Melbourne, South Yarra and Surrey Hills.Chinese buyers ..
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  • Morrison defends budget's poor polling

    Morrison defends budget's poor polling
    Morrison defends budget's poor pollingTreasurer Scott Morrison insists the budget is not about polls after only seven per cent of voters thought they would be better off under it.A Seven-ReachTel poll - the first survey to ask voters about the budget - found 33 per cent of people believed they would be worse off, while 59 per cent said "about the same".Speaking after a tour of a western Sydney chocolate and coffee shop to promote the government's tax cuts for businesses that turn over up to $10 ..
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  • Greg Lippmann, 'Big Short' trader, wants to finance your wedding

    Greg Lippmann, 'Big Short' trader, wants to finance your wedding
    Greg Lippmann, made famous for amassing a fortune by betting against subprime mortgages in the run-up to the financial crisis, is now wagering on a different kind of finance: wedding loans.Lippmann's hedge-fund firm LibreMax Capital has agreed to buy loans made by Promise Financial, an online lender specialising in helping couples pay for the many costs involved in their big day, said Promise's co-founders, Josh Jersey and Bradley Vanderstarren.Lippmann, whose exploits were chronicled in Michae..
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640 more shipbuilding jobs to be lost .Former nightclub tycoon arrested in CBD .
Gang rape and murder of Indonesian teen sparks reform calls .Florida's Coral Reef Is Disintegrating .

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