Australia earmarks $21 Million for high budget film incentives

Whether US studios, US independents or other global producers make their films in Australia one thing is certain, the bang for dollar into the Australian film industry (whilst sorely needed and considerable when taken in context ) is neglible when compared to the other value added spending which is...



HK Offshore Funds Overview Lunch Seminar Tue 26 March 2013

Offshore Funds Update  The Hong Kong Government’s budget-time announcement that it will move to extend the current Offshore Funds profits tax exemption to include Private Equity Funds is an exciting “opening of the door” – which should draw many funds back to the SAR.The budget announcement also foreshadowed a fuller review...



EU Regulation and Implications for Asian Alternative Investment Fund Managers

Introduction The European Commission adopted a regulation on the 19th December 2012, setting out the detailed requirements applicable to Alternative Investment Fund Managers (AIFMs) arising from the Alternative Investment Fund Managers Directive (AIFMD). The requirements under the AIFMD will take effect in July 2013 and the Regulation is also...



AUD 8 month low Feb 2013 Property prices and Consumer sentiment

With the AUD at at 8 month low on the back of poor building data PRD have released ther Feb 2013 Property Research report and overlayed Westpac’s Consumer Sentiment.   Source PRDnationwide Research Monthly WrapThe initial release of data on key economic indicators during the end of 2012 and...



Chinese Gold Rush for Australian Bricks and Mortar

IN THE 1850s, the Chinese came to Australia to mine for gold. This year they’re coming for property. At a recent roadshow in Shanghai, the prestige agency Sotheby’s showcased nine Sydney luxury homes to an enthralled audience. In the room were 60 people who had expressed interest in the...



AustCham committee notice: “The Heat is On: Investing in an Age of Climate Volatility” Workshop on 14 March 2013

A Hong Kong Govt study indicates that the financial services sector are one of the most vulnerable to climate change so being of interest to Financial Services Companies in Hong Kong  Aust Cham have dostributed an workshop run by the HK Business Environment Council regarding to “The Heat is On:...



Planning or Development ?

Plans do not develop anyone – only development experiences develop people. For example a company may have great plans to shed expenses. Management may  be very proud of their  plans, which include detailed daily goals for x, y and z. And if our execution were half as good as...



USE YOUR AUSTRALIAN BANK ACCOUNT OR LOSE YOUR MONEY!

On 26/2/13 the Australian Financial Review ran a story advising that the period for a bank account to be declared “dormant” has reduced from seven years to three years. The article cites legislation passed last December. By 31st March all authorised deposit taking institutions must lodge an unclaimed money return to...



Changing Tastes: Australian Food and Agriculture M&A Sector Spotlight, 5th March Hong Kong

Mergermarket in conjunction with King & Wood Mallesons and National Australia Bank have invited us to the “Changing Tastes: Australian Food and Agriculture M&A Sector Spotlight” breakfast panel discussion, which is to be held on March 5th at Island Shangri-La hotel, Hong Kong with leading experts in the M&A field who will...



Australian Financial Services Industry Overview

On November 10 2012 Sean Rothsey presented this  compiled overview to Committee Members of the Finance, Legal and Taxation Committee of the Australian Chamber of Commerce in Hong Kong to assist its members navigate, or assist clients of members to understand and navigate regulatory issues in the Financial Services...



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