Business
Chinese Buyers Return to Australian Property Market
Chinese buyers are back in Australia’s real estate market. The move is helping fuel a rebound in prices despite rising interest rates. Paul Allen reports on Bloomberg Television.
Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com
Connect with us on…
Twitter: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness/
Instagram: https://www.instagram.com/quicktake/?hl=en
source
Europe’s oil refiners are paying high premiums for cargoes as the shutdown of Saudi Arabia’s East-West pipeline forces the region’s buyers to scramble for alternatives with fuel prices soaring. We take a deep dive with Rob Barnett, Senior Energy Analyst for Bloomberg Intelligence. Eric Martin, Bloomberg News State Department Reporter, joins to discuss his Big Take reporting on how Secretary of State Marco Rubio has adapted his foreign policy approach under President Donald Trump. Plus, debate is heating up amongst NFL players and owners – grass versus turf. Nick Pappas, the NFL’s Director of Field Operations, and Randall Williams, Bloomberg Business of Sports Reporter, weigh in on the state of playing surfaces.
Chapters
00:00:00 Bloomberg Businessweek Daily
00:03:05 Markets: Stocks Slip as Yields Rise
00:05:05 Oil, Gas Prices & the Midterms
00:06:20 Saudi Oil Supply & Pipeline Disruptions
00:08:01 Iran Conflict & the Global Oil Market
00:09:11 Why Diesel Prices Are So High
00:11:07 Fed Rate Hikes, Inflation & the Economy
00:13:22 Labor Market & Consumer Spending
00:15:29 Earnings, AI & Market Volatility
00:18:29 Marco Rubio’s Role in Trump’s Foreign Policy
00:21:19 How Rubio Evolved From Trump Rival to Adviser
00:23:53 Rubio, China & U.S. Foreign Policy
00:26:31 Venezuela, Energy Security & Rubio’s Influence
00:29:21 Rubio & the 2028 Presidential Conversation
00:32:21 NFL Debate: Grass vs. Artificial Turf
00:36:00 Inside the NFL’s Playing Field Operations
00:38:17 Injury Rates on Grass vs. Turf
00:40:27 How the World Cup Changed NFL Stadium Fields
00:43:24 Stock Movers: Coinbase, Netflix & Nucor
00:47:21 AI Safety Concerns & the Chip Market
——–
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/
Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/
More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio
Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals
Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
source
Nvidia CEO Jensen Huang comments on the sidelines of an event hosted by King Charles III in Scotland about concerns surrounding the mounting risks of artificial intelligence. “You have rigorous testing systems, the testing lab should be contained, and products should not be released to the public until it’s ready to be used by the public,” Huang says.
——–
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/
Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/
More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio
Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals
Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
source
Greg Allen, Founder and CEO of Decision Tree Research, says AI has already had “extremely concerning incidents” and model releases should not be “exceeding our pace of safety technologies.” Allen discusses concerns about AI models leaving tools for themselves across the internet and the challenge posed by open-source models as their capabilities increase. He speaks with Kailey Leinz and Joe Mathieu on Bloomberg’s “Balance of Power.”
——–
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/
Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/
More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio
Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals
Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
source
Francisco Blanch, commodities and derivatives research head at BofA Securities, says Brent oil prices could climb as high as $150 a barrel if critical infrastructure, like Saudi Arabia’s East-West pipeline, “is hit on a more permanent basis.” Blanch speaks on Bloomberg Television.
——–
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/
Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/
More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio
Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals
Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
source
Saudi Arabia faces growing economic pressure as Houthi threats target the kingdom and its East-West oil pipeline could remain mostly shut for six weeks, tightening supply routes around the Red Sea. European oil prices surge as Aramco delays some deliveries, while Russia extends its diesel export ban through September and tighter Chinese fuel stockpiles raise the prospect of export curbs. Oil’s supply-driven rally, however, begins to look overdone.
The US 10-year Treasury yield tops 5% ahead of the Federal Reserve decision, with traders pricing in more than a 90% chance of a rate hike. Bloomberg Economics says Kevin Warsh could leave another hike in play as the Fed is seen potentially raising rates despite pressure from Trump. Markets await the decision as Bessent prepares to meet his Chinese counterpart, with tariffs, US energy and agricultural exports and differences over AI expected on the agenda.
Bitcoin suffers its biggest drop since June after the US Senate blocks a bill, while Bessent says he supports $5,000 checks for Americans and believes they could be funded without increasing the deficit.
In AI, Trump advisers meet with Anthropic executives as OpenAI weighs a funding round valuing the company at $1.2 trillion and works with Anthropic and Google on AI safety. Hong Kong plans to double spending on technology and innovation.
Dubai continues to attract strong global tourism demand, with Kazim saying visitors from the CIS, Far East and Middle East are increasing, although the city remains reliant on Emirates and flydubai to bring in tourists.
In Africa, El Niño is straining Ethiopia’s power supply as drying dams force cuts to Bitcoin miners, who consume almost a third of the country’s electricity. Senegal seeks a debt plan under the G20 framework, the US restricts visa access for some South Africans, and Vodacom plans to appeal a ruling involving its Safaricom stake sale. Guests includes Jeffrey Sexton, Demeter Tactical Investments CEO, Issam Kazim, Dubai Corp for Tourism and Commerce Marketing CEO and Guy Wolf, Marex Market Analytics Global Head.
Horizons Middle East & Africa is your daily spotlight on one of the world’s fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong Kong, or start your day in London or Johannesburg.
Chapters:
00:00:00 – Introduction
00:04:16 – Markets Await Fed Decision
00:05:37 – Jeffrey Sexton, Demeter Tactical Investments CEO
00:14:23 – Houthis Threaten Saudi Economy
00:18:40 – Issam Kazim, Dubai Corp for Tourism and Commerce Marketing CEO
00:26:36 – European Oil Prices Soar as Aramco Delays Deliveries
00:30:31 – Guy Wolf, Marex Market Analytics Global Head
00:35:47 – Bessent to Meet Chinese Counterpart
00:40:43 – El Niño Strains Ethiopia’s Power Supply
——–
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/
Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/
More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio
Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals
Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
source
-
Other3 years ago
Economic crisis Predictions|Bloomberg Surveillance 11/08/202…
-
Other3 years ago
Suppers Around The World – Tasty Recipes Please recognize th…
-
Food3 years ago
Kardea Brown’s Cheesy Hash Brown Casserole | Delicious Miss Brown | Food Network
-
Politics3 years ago
Russia hawks to Putin apologists: GOP stonewalls Ukraine aid, Tucker Carlson’s trip to Moscow
-
Other3 years ago
Giada De Laurentiis Makes Pan-Fried Zucchini w/ Anchovy Vina…
-
News3 years ago
White House warns of Russia invasion in Ukraine before end of Olympics
-
Other3 years ago
Just how beginner Vivek Ramaswamy is gaining some Trump foll…
-
Sports3 years ago
Top 10 Saves from Week 13 of the 2021-22 NHL Season
-
Other3 years ago
MaxMara Spring/Summer 2013 FULL SHOW|Milan Fashion Week MFW|…
-
Politics2 years ago
George Conway: ‘Lying, intimidating, bullying. That’s Trump at his worst, and that’s Trump always’
@helensadeik400
January 1, 2024 at 8:31 pm
So what happens if war breaks out and it will
@amjedali5164
January 1, 2024 at 8:31 pm
Every concern mention by the US is created and is getting worse by the US. The media that the USA and CIA funded media E.G the whole Australian media is blaming everything on China and Chinese people.
The housing problem in Australia is being blamed on Chinese buyers which is utter BS . Foreign buyers make up 7% of the market of those 28% from US, 26% from UK and only 2.6% are from CHINA, but the corrupt Australian media keep blaming Chinese buyers for high prices and rent. There are restrictions on all foreign buyers of what they can buy, on top of that there is a vacancy TAX on all foreign buyers if they keep the property empty or vacant which is on the value of the property.
Average property in Sydney only have a 2.7% yield on the purchase price including stamp duty, the gain comes from a long term hold of 10 to 20years plus on appreciation of value. Since WW2 Property prices have never crashed in Sydney it can go down 5% or up to 12%ish in a few months but before that they have gone up 150% Minimum in that past 3 to 8 years. BUY a free an old free standing house in an old established area of Sydney you will see the growth and development opportunities over the years. Stay away from new apartments and old units (unless you're buying the whole block of Units that can be sold individually on a separate tittle later)
@nuggetnelson2865
January 1, 2024 at 8:31 pm
Shouldn't be aloud to buy property in Australia we can't buy property over there so it shouldn't be aloud here in Australia
Don't trust the Chinese
@gcs15pearl
January 1, 2024 at 8:31 pm
Chinese buyers are not only in Australia . Nearly everywhere . The quality of life in Australia is being destroyed . Many people no longer socialise but just work and work
@kerrymunns3948
January 1, 2024 at 8:31 pm
Australian government should be ashamed of this. What happened to this appalling government to allow this to happen
@daddydancer1555
January 1, 2024 at 8:31 pm
In my suburb Kew East and surroundings, it became very evident that Chinese investment in property was going on. So much property bought up. 95% of all the properties are now owned by Chinese. They knocked houses on large blocks to be rebuilt boastful mansions in character with the culture; the Chinese pride for displaying wealth and apparent success. Huge houses for one family.
The demography has changed dramatically which became obvious when I saw 3 years before 10% of the people catching the buses into the city was of Asian descent. and now, just 3 years later, that's 40-90%. That's a huge shift and it points to something going on.
There are many questions to ask and investigate in this. We have not heard reference to Chinese investment into home properties in light of the housing crisis, indeed how many of those homes may sit empty. The huge blocks these properties were on that could have been used to medium density housing that is so much needed. The corruption and the houses bought with cash yet to be curtailed or properly investigated. and the question of how the demographic changes will affect democracy when Chinese are more likely than not to be Chinese loyalists or at the very least conservative. Will we start seeing more independent Chinese representives going into election ballets to expression the interests of the culture that they know which go against the democracy that we know?
@tabithan2978
January 1, 2024 at 8:31 pm
Chinese are just buying to invest their cash as Chinese banks are failing, Chinese don’t trust their currency or real estate markets. This is bad for Australia all around.
@tabithan2978
January 1, 2024 at 8:31 pm
Don’t let this continue! They will buy your entire country.
@frankpost8296
January 1, 2024 at 8:31 pm
We are not Australia we got bought out by China, it's to late
@ZAR556
January 1, 2024 at 8:31 pm
Where's the Government when you actually need them
😅
@bwnaylor
January 1, 2024 at 8:31 pm
Sell out Aussies and price them out of their own country: nice work realtors and politicians!
@coreylawrence7051
January 1, 2024 at 8:31 pm
Seen on Facebook market place a Chinese lady renting out rooms for $450 a week on multiple property's. I bet shes not declaring that amount of money on taxes on them either.
@skinnywizard103
January 1, 2024 at 8:31 pm
This happened before the GFC where the house market went through the roof
@JJ-mc8lu
January 1, 2024 at 8:31 pm
Talking to agents they have told me the Asian investors who were sitting on the sidelines have piled back in the market now that rates have peaked. Watch house prices rise sharply now!
@aloha__
January 1, 2024 at 8:31 pm
Stop selling the house to the Chinese. It's really difficult to live in Sydney. The quality of life is at its lowest.
@mystictraveler8642
January 1, 2024 at 8:31 pm
China needs to cut off economic ties with Australia completely. Australias behavior is unbelievable. You would be nothing without China.
@k.b4273
January 1, 2024 at 8:31 pm
Australia needs to stop all overseas investment especially from China, WAR is building and if we go to war with China, they become illegal aliens, they will then either leave Australia or be put into camps. Chinese immigrants should not be allowed to purchase property in Australia.
@pankajaroradelhi
January 1, 2024 at 8:31 pm
Soon they will be back to china as china is lagging economic growth
@kelvinjames6344
January 1, 2024 at 8:31 pm
Lithgow nsw needs immigrants to improve the place especially the council Chinese welcome
@blardymunggas6884
January 1, 2024 at 8:31 pm
We aborigines in Australia originated from China. Its our great great ancestors homeland. When will the anglo criminal leave our land after robbing it from us. Get lost. The chinese are our brothers and you are our invaders. Get lost already. Haven’t you stole enough? Go back to England now!!!! Get losttttt… our land is not your playground. Our sacred land was so peaceful until you criminals came and took it from us. Get losttttttt!!!!!!!
@luigiii1700
January 1, 2024 at 8:31 pm
It should be illegal to peeople that dont live in the country to buy proprieties there. That make the price rises and a good proportion of people will never be able to aford a house.
And alot of people without houses, will never have children, so they will not contribute to the pensions of older people.
Is a snow ball problem, getting bigger ans bigger.
@lovechineseforever9434
January 1, 2024 at 8:31 pm
OZZIE CON
@themoviehobbit355
January 1, 2024 at 8:31 pm
If we go too war with China. Say goodbye too any Chinese own property’s
We will be taking them back. Quick smart!
@philmelb1022
January 1, 2024 at 8:31 pm
What bs they can only buy new built property. I sold my house and chinese from china could not buy because no approval from oz government.
They could not bid. Plus new built in not as good suburbs.
Property board just trying to shore up demand.
@SaianaKrishnaMehrotra-fr4qt
January 1, 2024 at 8:31 pm
Australia's biggest trading partner is China its better ho keep that way .
@user-qp1xb6xe9g
January 1, 2024 at 8:31 pm
Goodmorning 😢
@lastChang
January 1, 2024 at 8:31 pm
If the government stop Chinese money laundering into Australia, then they can control housing prices.
@raffaelpeaceandlove
January 1, 2024 at 8:31 pm
Buying the bubble.
@ADayInTheLifeOfJames
January 1, 2024 at 8:31 pm
Australia is becoming a joke
@avadheshkumarsortvideo
January 1, 2024 at 8:31 pm
❤❤
@niurkaguzman48
January 1, 2024 at 8:31 pm
Australians will own nothing and be happy
@hamzaouamrouche57
January 1, 2024 at 8:31 pm
Property market in Australia prices reboune because chinese buyers