Monthly Archives: May 2016

Life, in all its masala

Life, in all its masala

Sanjeev Sharma is a simple foodie with the Midas touch Sanjeev Sharma, the owner of Rave Café, arrived in Sydney in 1997. A hospitality professional with a MBA from CQA and a Bachelor’s degree in Hotel Management from India, Sanjeev has worked not only in Australia and India, but also the Middle East, Europe and New Zealand. His first venture was a restaurant called Khana Khazana, which he opened in New Delhi in 1993. Since then he has opened a few restaurants like Aroma Indian Cuisine in New Zealand in 2003, Mother India Restaurant in Sydney in 2009 and currently runs Rave Cafe that opened in 2009. He also started […]

Growing up, out and about

Growing up, out and about

Cities and suburbs in Australia are showing different trends in terms of real estate. While Melbourne is showing signs of growing outwards, Sydney is growing up. What’s in store for an investor? Melbourne has been the best performing city in Australia. No city has grown more than 10 per cent in last 12 months, but Melbourne is the closest to hitting that number. Sydney prices have risen by 49 per cent and Melbourne prices by 36 per cent since the last downturn. The Economist is predicting a 40 per cent fall in Melbourne and Sydney Market, Would this happen? Well, economists have been predicting a housing crash for the last […]

Australia’s CPI opens door to rate cut

Australia’s CPI opens door to rate cut

The RBA decision to cut the cash rate by 0.25 basis points put the lowest rates on record at 1.75 per cent on Tuesday, 3 May. Last week’s Australian consumer price inflation (CPI) came in well below expectations for the March quarter, opening the door to a rate cut. The Australian dollar against the USD fell 130 points from 0.7700 to 0.7570 in a few seconds The Indian economy on the other hand is expected to clock a GDP growth of 7.4 per cent this fiscal year, largely driven by the lagged impact of a good monsoon season and increased consumer spending, supported by pay commission awards. Consumer prices in […]

Sydney’s entry-level houses ‘disappear’ to just 4 per cent of the market, while Melburnians get a ‘leg up’

Sydney’s entry-level houses ‘disappear’ to just 4 per cent of the market, while Melburnians get a ‘leg up’

A first home buyer’s chances of buying an entry-level house priced under $400,000 in Sydney halved during the past 12 months, making it the worst city for buying an entry-level home. Melbourne buyers had it much easier, with a third of homes available under $400,000 – down from 40.8 per cent in 2015. In the harbour city, less than 4 per cent of houses in April were advertised under $400,000, compared with 8.6 per cent of homes in 2015, Domain Group data shows. In 2012, 21.3 per cent of houses were priced under $400,000. Domain Group chief economist Andrew Wilson said the $400,000 benchmark typically represented “the homes a first […]

Remit2India now offers $35 Coles voucher for every first transaction

Remit2India now offers $35 Coles voucher for every first transaction

India and Australia had always had close ties – cultural, sporting, trade etc. But of late, the ties have become even closer thanks to a host of initiatives from both sides. More Indians are migrating to Australia, the governments are getting closer, Indian tourists visiting Australia are growing and so is trade between the countries. However, one area that has shown great improvement in bringing the people of the two countries closer is remittance services for migrants. Earlier, Indians in Australia had to use complicated, time-consuming and expensive methods to send their money back to their families in India. There used to be a lack of transparency and no one […]

Building on a vision

Building on a vision

Balvinder Ruby – on how he built brand REEX from the bottom up Balvinder Ruby migrated to Sydney with his family in 2000 and though it took him some time to get acclimatised to the new socio-economic setting, he soon adopted this country as his own and found the people here compassionate with a high regard for human values. After working in the real estate industry for a couple of years Balvinder realised there was scope for personal and professional growth in the field. He started his own company Real Estate Experts (REEX) in July 2011. REEX has its office in the Norwest Business Park precinct which is the nerve […]

Not for profit, more for people

Not for profit, more for people

Financial adviser Amarjit Dhot says he approaches all aspects of his life, whether business of sports, with the same motto – to serve Amarjit Dhot came to Australia in 1998 as a student and completed his Masters in Business Administration from RMIT University in Melbourne. And though all plans were to return to India after the completion of his studies, the Australian way of life lured him into staying back. He moved from Melbourne to Sydney in 2001 and started his own business in 2005. The initial years may have a struggle, but after working a few years in the finance and insurance industry, Amarjit used all the skills he […]

Curry, without the hurry

Curry, without the hurry

At Jai Ho, Saurabh Abbott and family pay extra attention to ensure that traditional recipes are not tampered with – and that means even grinding their own spices  “Some of the recipes are really difficult to prepare and people really appreciate that we put in that extra effort to cook them in the original methods” saurabh abbott The recipes are designed entirely by my mother, who’s been cooking Indian food taught by my grandmother for years… Saurabh Abbott In Melbourne’s hyper competitive restaurant scene, one Indian family venture has concocted a winning recipe. Serving authentic flavours with end-to-end quality has won Jai Ho a loyal following, and powered its growth […]