Chinese buy Arena shopping centre for $48m

A Chinese investor has snapped up Officer’s Arena Shopping Centre for a cool $48 million as overseas interest in local business heats up.Commercial real estate CBRE sold the Cardinia Road/Princes Highway shopping centre to a buyer from Shenzen, who outbid a number of local and Sydney based private groups. National Director of Retail Investments Australia…

Proposed Phillip Island cancer facility to target Chinese visitors

Phillip Island could become a destination for Asian tourists jetting in to seek cancer treatment. A major proposal is afoot to build an international radiation, oncology and chemotherapy treatment centre, complete with 72-bed luxury accommodation and possible golf course. More than a million visitors flock to Phillip Island each year, with the penguin parade a…

Chinese to build new $1bn City between Brisbane and the Gold Coast

Chinese hands have snatched up sprawling sugar cane fields on the northern tip of Queensland’s Gold Coast with the intentions of turning the rural landscape into a new city.Songcheng Performance Development, owned by a Chinese theme park entrepreneur, is the company striking a deal to develop the Norwell Valley, which is located smack bang between…

FIRB approve $4b sale Alinta energy to Chinese

Ownership of Alinta Energy will switch to Chinese interests by the end of the month after the gas retailer’s $4 billion sale to a conglomerate better known for its jewellery stores and hotels won the all-clear from the Foreign Investment Review Board. Days after it gave the nod to Hong Kong billionaire Li Ka-shing’s $7.4…

India set to export mangoes to Australia 

India set to export mangoes to Australia for the first timeAustralians can expect to see mangoes from India popping up in the markets soon, with a number of Indian businesses working hard to export fruit this season. Revised protocols have opened the door for Indian imports, with fruit allowed into Australia as long as it…

FIRB approve Dampier-Bunbury gas pipeline $7.3b sale to Chinese

The Dampier-to-Bunbury gas pipeline is set to fall into Chinese foreign hands after Australia’s Foreign Investment Review Board approved the $7.3 billion purchase of its owner, DUET Group. A consortium led by Chinese billionaire Li Ka-shing’s Cheung Kong Infrastructure will secure control of the critical piece of the State’s energy infrastructure, which supplies domestic gas…

High imported pre cooked pork pushing AUS farmers to the wall 

A loophole in the Australian bio-security risk plan is sending Australian pig producers to the wall. The loophole, which is not against the law but considered against the spirit of law, allows New Zealand food processing companies to import unprocessed food products (fresh pork and vegetables) from major exporting countries (US, Canada, EU, China) and…

NT government in negotiations to retain 20% stake in Darwin port.

The Northern Territory Government has confirmed it is in negotiations to try to keep a 20 per cent stake in Darwin’s Port. The former Country Liberals government controversially leased the port for 99 years to Chinese company Landbridge. One condition of the deal was that Landbridge find an Australian company to take a 20 per…

Over 70% of smallgoods sold in Australia are made from imported pork. 

Over 70% of smallgoods sold in Australia are made from imported pork. Therefore, to assist in supporting our pig producers and farming communities look closely at labels when you purchase smallgoods. To clearly differentiate smallgoods made from Australian Pork, APL has developed a program whereby consumers as well as processors and retailers can easily recognise…

Independent butchers call for alliance with farmers to challenge supermarket duopoly

Independent butchers are calling on farmers to unite with them and help develop a gourmet niche market that will challenge the supermarket duopoly. Australian Meat Industry Council representative and Adelaide butcher Trevor Hill said farmers were increasingly embracing the “convenience” of selling direct to supermarkets and accepting lower returns. He said a butcher-farmer alliance could…

All Chinese honey was ordered off UK shelves in 2002 

In 2002 Food watchdogs ordered all Chinese-produced honey to be withdrawn from sale after trials found that much of it is contaminated by antibiotics.Forty per cent of the honey sold in the UK comes from China. Tests of 16 pots found that ten contained the powerful antibiotic chloramphenicol. The chemical is a trigger for aplastic…