Singapore now the biggest foreign investor in Australian property, as Chinese investment drops 69pc – The Sydney Morning Herald

Signs are emerging that the capital inflow from China to Australian property is slowing, but is being offset by Singaporean investors. In the first half of this calendar year, Chinese investment in Australian real estate fell 69 per cent,  compared with the same period last year. Hong Kong investors recently bought London’s Leadenhall building (centre), also…

AHG faces $15 million hit from ASIC insurance crackdown – The Australian Financial Review

Australia’s largest car dealership company, Automotive Holdings Group, faces a $15 million hit to profits in 2017-18 from the industry-wide crackdown on add-on insurance products for car owners by the Australian Securities and Investments Commission. AHG has 110 car dealerships across Australia and New Zealand, with 37 in its home state of Western Australia, where…