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The latest news, analysis and opinion on Sydney. In-depth analysis, industry insights and expert opinion.
An artist's impression of the new station in Parramatta for the Sydney Metro West project. Photo: Handout
(From left) Brian Downie, the MTR Corp's CEO of Australian business, joins Gamuda CEO Ewan Yee and David Ng, Gamuda’s chief financial officer, for the signing of the Parramatta Integrated Station Development contract. Photo: Handout
Hong Kong economy

Hong Kong’s MTR Corp wins bid as part of group to build new Sydney station

Rail giant and subsidiaries of Malaysian engineering firm Gamuda Berhad win bid as joint venture, in deal reportedly worth A$880 million.

Artificial intelligence

In Focus | Will geopolitics put a potential Musk merger between a rocket and a hard place?

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Australia

Australia’s biggest property downturn since pandemic threatens economic growth

Australia

Shellfish thieves in Australia make off with 400,000 oysters worth US$250,000

The oyster farm, which lost a third of its stock, says it will not be able to replenish in time for Christmas.

Oysters sit on a silver tray ready for sale. The molluscs are a staple of brunch menus and seafood buffets across Australia. Photo: Shutterstock
China-Australia relations

In Focus | How Pacific nations walk a tightrope between Western security and Chinese trade

As Australia expands defence pacts in the region, Beijing courts local communities with ‘small and beautiful’ aid.

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Australia

Albanese: Canberra to join Australia’s gun buy-back programme after Bondi attack

Australia’ capital territory, home of the capital Canberra, has agreed to a scheme which will tighten checks for gun licences and crack down on hate.

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My Life

From Perth to the Pyramids, St Helena to Cheung Chau – 50 years of extraordinary travel

The Cheung Chau resident of 50 years talks about getting itchy feet at an early age, falling in love with Hong Kong at first sight, jumping into piranha-infested waters in Brazil and spreading the travel bug.

Graham Elsom, a traveller and travel consultant since 1962, at his home on Cheung Chau Island. Photo: Alexander Mak
Hong Kong transport

Transit giant CRRC redoubles Hong Kong push as sales pitch to overseas cities

Beijing’s largest rolling stock manufacturer is eyeing a local Kai Tak project – and its autonomous rail transit vehicle – as a launch pad for global expansion.

My Life

Sign of the times: how Hong Kong cleaver store has endured

Leung Hung, owner of Sham Shui Po’s Leung Tim Choppers Factory, reflects on being a third-generation knife-maker and why he’s OK with traditions fading away.

Banking & finance

HSBC sells US$25 billion of Australian home loans to Blackstone

The remainder of HSBC Australia’s retail business will be wound down in a phased manner over the next 18 months.

A suburban housing estate in Australia. HSBC has agreed to sell a US$25 billion Australian home loan portfolio to a unit of Blackstone, resulting in an immaterial pre-tax loss of less than US$100 million. Photo: Shutterstock
International Property

Mainland Chinese, Hong Kong homebuyers flock to Australia. What drives the rush?

Moderating prices and a relaxed lifestyle are among factors reinforcing Australia’s safe-haven appeal for foreign investors, agents say.

Australia’s tourism appeal helps draw investors from mainland China and Hong Kong, according to agents. Photo: AFP
Malaysia

Mark Wahlberg savours Penang’s charm as Malaysians floored by star’s humility

The actor’s Penang visit for ‘The Big Fix’ filming also showcased Malaysia’s appeal for global productions.

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Obituaries

Sam Neill, known for roles in Jurassic Park and The Piano, dead at 78

The New Zealand actor’s death was ‘sudden and unexpected’, his family says.

Australia

YouTube says Sydney massacre ‘crisis actor’ video can stay online

The video calls an Isis-inspired attack that left 15 dead a ‘false flag operation’, an Australian inquiry heard.

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Police patrol in the early morning of December 15 at Sydney’s Bondi Beach following the previous day’s shooting. Photo: AP
Australia

Australia makes record cocaine bust after 2.7 tonnes found buried in Sydney

The largest cocaine haul in Australian history was found stored in plastic tubs and hidden in underground bunkers in a Greater Sydney suburb.

Australian police display the 2.7 tonnes of cocaine seized in Sydney on Saturday. Photo: Australian Federal Police/AFP
Australia

Beachgoers in Australia rescue woman after shark attack at Sydney’s Coogee Beach

Australia averages around 20 shark attacks a year, two or three of which are fatal.

Australia

Inside Australia’s first major new airport in more than 50 years

Western Sydney Airport in Badgerys Creek will operate 24 hours a day, unlike its current counterpart, which is subject to noise regulations.

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Hong Kong property

US fintech firm iCapital doubles prime office space in Hong Kong

Company leases a 9,000 sq ft space in One IFC in Central, with an eye towards doubling its staff amid rising demand for wealth services.

A general view of Central district and Victoria Harbour waterfront. 06OCT23 SCMP/Edmond So
Vietnam

Samoan suspect confesses to hired hit in Vietnam on Sydney gangster

In a rare gun crime in Vietnam, the suspect admitted that he and an accomplice were in Ho Chi Minh City looking for two victims.

China manufacturing

Boring China: how Chinese firms are creating a new breed of tunnelling machine

Huge machine is the largest of its kind exported by China and will cut through a complex environment to create a 6.5km six-lane tunnel.

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Australia

Australia warns of arrests as 13 people linked to Isis set to return from Syria

The four women and nine children, who had been living in Roj camp in Syria, are expected to land in Sydney and Melbourne on Thursday.

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Members of Australian families at Roj camp prepare to leave for Damascus as part of a second repatriation effort by Syrian authorities on April 24. Photo: AP
Australia

2 rescue volunteers die as boat capsizes off Australia’s New South Wales

The crew were helping a yacht in distress when their boat rolled over in ‘treacherous’ conditions. A third body was found on shore.

Marine Rescue NSW is run by volunteers. Photo: Marine Rescue NSW
China-Australia relations

China’s fight for Darwin Port could help fragile Sino-Australian relations

Landbridge Group’s legal claim over the port could take several years to resolve, analysts said, providing more time for dialogue.

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Hong Kong courts

Court clears woman of submitting fake qualifications in talent scheme application

Judge says mainland Chinese defendant showed negligence but no intent to defraud, noting her visa agent may have submitted false details.

Asia housing and property

The View | War-induced interest rate shocks unlikely to upset Asia’s property markets

While monetary tightening would add to affordability pressures, it would have little bearing on the forces driving up prices and rents.

A real estate agent points to the view from a property in Niseko, Japan, on February 20. Photo: AFP
Crime in Hong Kong

CUHK professor, 46, suspended after posing as schoolboy in Australia

Johnny Li was arrested after allegedly dressing in the uniform of Sydney school to mingle with pupils and take photos, Australian media reported.

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CUHK professor Johnny Li has been suspended after reportedly pleading guilty to posing as a schoolboy in Australia. Photo: Handout
Hong Kong property

Hong Kong, Sydney or Dubai? Prime real estate investors take their pick

Rich buyers are reshaping ultra-luxury property markets from Sydney and Hong Kong to Dubai, drawn by each city’s unique selling proposition.

International Property

Singapore offices cost the most to outfit, Asia-Pacific survey says

Fit-out costs in the city average more than US$2,000 per square metre, topping Tokyo, with Hong Kong in eighth, Knight Frank report says.

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