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Showing posts with label Australia. Show all posts
Showing posts with label Australia. Show all posts

Tuesday, June 18, 2013

Melbourne Docklands New Home to Marsh & Mclennon Companies' Third Largest Office

MELBOURNE DOCKLANDS NEW HOME TO MARSH & MCLENNON COMPANIES' THIRD LARGEST OFFICE

Australia, Melbourne
Publication date: 17 June 2013

Melbourne is now home to Marsh & McLennan Companies’ (NYSE: MMC) third largest office worldwide, behind only New York and London. The relocation of the Melbourne headquarters of Mercer, Marsh, Guy Carpenter and Oliver Wyman to the newly-built Collins Square development at 727 Collins Street adds further support to Docklands’ claim of being Melbourne’s financial services hub.

http://www.mercer.com/press-releases/office-move-docklands

Friday, May 24, 2013

Docklands, Victoria

Docklands, Victoria

Docklands (also known as Melbourne Docklands to differentiate it from London Docklands) is a suburb of Melbourne, Victoria, Australia, 2 km (1.2 mi) west of Melbourne's Central Business District. Its local government area is the City of Melbourne. At the 2011 Census, Docklands had a population of 5,791.

http://en.wikipedia.org/wiki/Docklands,_Victoria

Tuesday, May 21, 2013

Melbourne CBD (JLL)

Melbourne CBD
20.05.2013

How would you describe your market at the moment?

Melbourne, like many other Australian CBD office markets is characterised by a challenging demand environment. Occupiers remain reluctant to move or make long-term decisions while commodity and financial markets are volatile.

http://www.joneslanglasallesites.com/leasing/market-overview/melbourne-cbd-5

Thursday, December 6, 2012

Eco Analysis - Australia: Big trade deficit, but also better exports (K Baader)

Eco Analysis - Australia: Big trade deficit, but also better exports (K Baader)

Australia's October trade figures added another piece of evidence that intra-Asian trade - and arguably global trade - is picking up. Export values rose for the first time in five months, albeit by a mere 0.4% mom, but that is a respectable performance considering that, according to the RBA measure, commodity prices were down 2.2% in October. The rise owed much to a jump in exports to China, which surged 20% mom (but caution, not seasonally adjusted), lifting the annual rate to -11% from -25%. This supports the notion that de-stocking in China has come to an end. Meanwhile, imports into Australia surged, led by capital goods, indicating that strong investment activity extended into Q4.

Tuesday, November 20, 2012

Blackstone buys troubled shopping centre after years in limbo

http://www.theaustralian.com.au/business/property/blackstone-buys-troubled-mall/story-fn9656lz-1226519908536

Blackstone buys troubled shopping centre after years in limbo

PRIVATE equity giant Blackstone has waded deeper into Australian real estate, paying $341 million for the Top Ryde City shopping centre in Sydney, a source has confirmed.

Thursday, November 8, 2012

Australia: Labour Market (Oct 2012)

Australia: Labour Market (Oct 2012)

Dominic Bryant - Market Economics
Asian Instant Insight | 08 Nov 2012 02:54 |

Employment surprised to the upside somewhat in October, for a second consecutive month. Full-time employment drove the increase. However, other indicators of labour market health are weak at present. In particular, the trend in hours worked is soft. Typically this is consistent with significant domestic demand weakness, which we expect to show through in the Q3 and Q4 GDP numbers. Therefore, we continue to expect a 25bp RBA rate cut in December.

Monday, March 26, 2012

Bloomberg: Hedge Funds Make Wrong-Way Bets for a Fourth Week: Commodities

Bloomberg

Hedge Funds Make Wrong-Way Bets for a Fourth Week: Commodities
By Joe Richter - Mar 25, 2012 9:21 PM

Hedge funds wagered the wrong way on commodity prices for a fourth consecutive week, boosting bullish holdings just before reports showing a contraction in manufacturing from China to Europe drove prices lower.

Sunday, March 25, 2012

Bloomberg: China Soft Landing May Be Hard for Commodity Exporters

Bloomberg

China Soft Landing May Be Hard for Commodity Exporters
By Bloomberg News - 2012.03.25 06:41 PM

The good news: China’s government will engineer a soft landing. The bad news: Even a soft landing is painful for industries that have become dependent on the world’s fastest-growing major economy as their main profit engine.

Tuesday, June 14, 2011

Bloomberg: Chinese Mount Global Homebuying Spree as Governments Squeeze Local Markets

Related News: Asia, China, Real Estate, Emerging Markets, Economy, Finance, Retail
Chinese Mount Global Homebuying Spree as Governments Squeeze Local Markets
By Kelvin Wong, Nichola Saminather and Hui-yong Yu - Jun 14, 2011 1:00 AM GMT+0900

On a sunny Saturday in early June, Larry Zhou strolled the floor of a property exhibition in Hong Kong, wondering whether it was time to buy another home -- not in the city, where residential prices have soared 50 percent in the past two years, but maybe in Thailand or Malaysia.

Tuesday, May 10, 2011

Bloomberg: Commodities Trading Is Banking’s New Battleground: Commentary Matthew Lynn

Related News: Bloomberg, Economy, Africa, Australia, Europe, Latin America, Middle East, Opinion, Emerging Markets, Energy Markets, Finance, Commodities
Commodities Trading Is Banking’s New Battleground: Commentary Matthew Lynn
By Matthew Lynn - May 10, 2011 8:00 AM GMT+0900
Bloomberg Opinion

Forget bonuses. Don’t worry about bailouts. That’s all history. The battleground that matters most for the banking and finance industry right now is the profits it is making from commodities trading.

Wednesday, April 20, 2011

Bloomberg: Gold Rises Above $1,500 to Record on Weaker Dollar, Inflation

Related News: Canada · Commodities · Middle East · Australia · New Zealand
Gold Rises Above $1,500 to Record on Weaker Dollar, Inflation
By Pham-Duy Nguyen - Apr 21, 2011 3:53 AM GMT+0900

Gold futures rose to a record for the ninth time this month as a weakening dollar boosted investment demand for the precious metal as an alternative asset. Silver topped $45 an ounce for the first time since 1980.