Chinese investment too low to be the driver of soaring house prices, study finds

Chinese investment too low to be the driver of soaring house prices, study finds

Updated October 06, 2017 21:01:17 Photo: Chinese buyers are significant investors in the Australian property market, but the value of their investments pale in comparison to buyers from the US and UK. (ABC News: Huey Fern Tay) It’s a common perception that Chinese buyers are descending upon Australia and driving up housing prices to unaffordable levels. However, Chinese buyers had almost no impact on property prices, according to research by business consultancy Cross Border Management (CBM) and BIS Oxford Economics. The study found that Chinese buyers accounted for less than…

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Climate and wildfire history held in ancient King Billy pines

Climate and wildfire history held in ancient King Billy pines

Posted October 07, 2017 08:00:00 Photo: Some of Tasmania’s King Billy pines are thousands of years old. (Flickr: Natalie Tapson) Related Story: Life slow to return to Tasmania’s Wilderness World Heritage Area Related Story: ‘Two naked bodies left in a rush’: Tales from a 100yo Tasmanian hut King Billy pines don’t really look all that impressive — they’re not the biggest, prettiest or widest of trees — but they can tell us a lot about our history. Athrotaxis selaginoides, known as King Billy or King William pines, are endemic to…

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Ivory trade to be banned in UK 'to protect elephants'

Ivory trade to be banned in UK 'to protect elephants'

Image copyrightGetty Images Image caption Tiny elephants carved from ivory are the type of product that would be banned under the proposalsThe sale and export of almost all ivory items would be banned in the UK under plans set out by the government. Environment Secretary Michael Gove has announced a consultation to end the trade in ivory of all ages – previous attempts at a ban would have excluded antique ivory produced before 1947. The government says there will be some exemptions, for musical instruments and items of cultural importance….

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Catalan police chief in court amid independence deadlock

Catalan police chief in court amid independence deadlock

Josep Lluís Trapero appeared in the Spanish capital along with two leading figures in the Catalan independence movement. Spanish authorities believe Trapero’s 17,000-strong force, the Mossos d’Esquadra, didn’t do enough to prevent Sunday’s vote from taking place. In Barcelona, Catalan authorities published official results from Sunday’s referendum, showing 90% voted in favor of independence and nearly 8% against, with about 2% of ballots left blank. The turnout was 43% — nearly 2.3 million people voting out of a possible 5.3 million. A session of the Catalan parliament to disccuss the…

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