Hear that noise? Thats the rumble of Australians talking. Thats
because theres more of us every passing day.
Australias net migration is booming, according to the latest
statistics. In the 12 months to July, we saw 245,400 people move
Apparently, those kinds of heady numbers havent been since
New South Wales and Victoria are taking the bulk of them.
If you take any pride in Australias record run without a
recession and healthy GDP growth, you can mostly pin it down to
economy grows because we keep stuffing more people in it.
Its not because were a hotbed of innovation and
It keeps the bankers and property developers happy.
It means plenty of fresh meat up for grabs. The sharks come out
when theres blood in the water.
The Australian Financial Review reports that massive US
private equity firm Blackstone is preparing to launch its own home
lending arm out here.
It will service the market the banks are being forced to shun
for regulatory reasons.
Think foreign buyers, Aussies with offshore income, and property
investors that dont pass the conventional metrics and barriers.
More credit is bullish for the economy
China to keep Aussie tourism booming for
We can say the same thing about Chinese tourists. China is on
track to overtake New Zealand as our number one market as early as
This will be one of the biggest growth markets worldwide for
I cannot imagine what the classic European cities will look like
in a few years.
Theyre already strained with the hordes of Americans,
Australians and all the rest as they are now.
What happens when we add in a middle class bigger than that of
No wonder hedge fund veteran Jim Rogers says the best thing you
can do for your children is to teach them Mandarin.
There were about 1.2 million Chinese visitors to Australia in
2016. That number is expected to triple by 2026.
One stock to keep an eye on here is AuMake International
It runs a network of stores full of Aussie goods that Chinese
tourists and the daigou shoppers can stock up on.
Think infant formula, vitamins, milk power, hone and wool
products. Youve no doubt heard about these trends bef...