Brisbane’s property market leading the nation

first_imgHome values in Brisbane are still growing despite falling prices in other capital cities. Picture: Richard Walker. GET THE LATEST REAL ESTATE NEWS DIRECT TO YOUR INBOX HERE Compared to the same time last year, Brisbane home values are 1.2 per cent higher.The only other capital city to record growth in the past month was Adelaide, where home values inched just 0.1 per cent higher.The housing downturn is gathering pace in Sydney where values have fallen half a per cent in the past 28 days and are down 5.6 per cent compared to the same time last year.The Melbourne market is also coming off the boil with home values declining nearly 1 per cent in the past month and 1.1 per cent over the past year. the Brisbane housing market is bucking the downward trend seen in other states. Picture: Richard WalkerBRISBANE is leading the nation in all four property performance indicators for the first time in more than a decade — defying the downturn gripping the other mainland capital cities.New figures show Brisbane is the only capital city to record an increase in home values over the past week, month, year-to-date and 12 months.The last time the Queensland capital did that was back in 2007 before the Global Financial Crisis.While home values in the other mainland capital cities headed south, houses and units in Brisbane gained a third of a per cent in value in the past 28 days, according to property researcher CoreLogic. Unit values in Brisbane are growing, despite oversupply concerns. Photo: Liam Kidston.Hobart — which is currently the strongest performing market — was not included in the CoreLogic figures, but Mr Kusher said even it was showing signs of growth slowing. Propertyology head of research and buyer’s agent Simon Pressley said Brisbane’s property market could be performing a lot better, but the local economy was letting the city down.“Brisbane has some good property market fundamentals, but we have to go way back to2007 to find the last time that its property market produced double-digit price growth,” Mr Pressley said.“Coincidentally, that’s also the year that Peter Beattie retired from his post as state premier.”Mr Pressley said Brisbane lacked significant attractions to draw both national and international visitors, who generally headed straight to the Gold or Sunshine Coast as soon as they arrived.More from newsParks and wildlife the new lust-haves post coronavirus17 hours agoNoosa’s best beachfront penthouse is about to hit the market17 hours agoPaul James and Madeline Cant at their new Rochedale home. Picture: AAP Image/Josh Woning DEMAND FOR BEACHFRONT HOMES SURGES Brisbane couple Paul James, 29, and Maddie Cant, 30, have just bought their first home in Rochedale, which has been experiencing strong growth in home values.Mr James said they had been looking for a while and considered themselves lucky to get a three-bedroom house for $530,000 in the suburb.“It’s a nice area — a growing area, and it’s affordable,” he said.Selling agent Skye Dutson of Place – Sunnybank said prices in the Rochedale and Rochedale South area had tapered off slightly, but values were still growing in Rochedale South and open homes were still attracting strong numbers.“Rochedale South is only 20 minutes from the city and you’re still paying affordable prices,” Mrs Dutson said.“If you wanted to be as close to the city in Sydney and Melbourne, you’re paying millions of dollars.“I think buyers are taking their time a bit more and just being a little bit more patient.” Capital city home value changes. The monthly change is the change over the past 28 days. Source: CoreLogic.CoreLogic senior research analyst Cameron Kusher said Brisbane was continuing to record “moderate growth” while the other mainland capitals were slowing.“The rate of growth in Brisbane is generally slower than it was a year ago, but when you look at migration to Queensland picking up and what’s happening in Sydney and Melbourne, it’s no real surprise that Brisbane is holding up better,” Mr Kusher said.He said it was likely Brisbane could experience an acceleration in home value growth thanks to increasing migration, an improving local economy and its relative affordability.But not to the extent seen in Hobart, Sydney and Melbourne in the past.“I think you’ll see pretty steady growth in the next year or two,” he said. FROM UGLY DUCKLING TO SWAN Unit values in the Brisbane riverside suburb of Tennyson have jumped a whopping 45 per cent in the past year, while Hamilton houses have been the best performers — up nearly 27 per cent in 12 months.“Generally speaking, it’s the inner city and parts of Logan that doing well in terms of growth,” Mr Kusher said.“The higher value stock in the inner city is probably attractive to Sydney and Melbourne buyers, and then the growth in Logan City is probably linked to strong first home buyer demand and affordable housing stock.” Home value growth in Brisbane is higher than other mainland capital cities. Image: AAP/Glenn Hunt.In the inner-city suburb of Grange, Helder and Saori Peguicha have just listed their house at 37 Howard Street and are confident it will attract strong interest and a good price based on the capital growth it has achieved.“With the amount of infrastructure projects on the horizon, I think Brisbane will attract a lot of people for work, so I think there is potential for more growth still,” Mr Peguicha said.Craig Lea of McGrath Estate Agents – Wilston, who is marketing the property, said he wasn’t surprised Brisbane home values were defying the downturn plaguing other states.“There’s all this doom and gloom discussion on the basis of Sydney and Melbourne’s protracting market, but that was to be expected,” Mr Lea said.“Brisbane’s always been a slow boil.“We’re seeing a lot of migration from the southern states, particularly from expats.” BRISBANE’S BEST PERFORMING SUBURBS Suburb Property type Median price Median price change in past 12 mthsTennyson Unit $1.2m 45%Rochedale Unit $685,000 35.6% Hamilton House $1.4985m 26.7% Sandgate House $732,500 22.1%Wilston Unit $507,250 20.3%Bardon Unit $655,000 19.1%Northgate Unit $417,000 18.3%Sunnybank House $850,000 17.1%Seven Hills House $950,000 16.9%Kangaroo Point House $1.0225m 16.9%(Source: CoreLogic)last_img read more

Guardiola plans big changes for FA Cup semi

first_img The Catalan also said the FA Cup semi-final with Arsenal next weekend won’t affect his team selection against Bournemouth. read also:Man City ‘deserve’ Champions League return, says Guardiola “We played one team against Newcastle, today another one,” he said. “A new four or five or six players will play against Bournemouth. Against Arsenal I will select what is best for the team.” FacebookTwitterWhatsAppEmail分享 Manchester City boss Pep Guardiola admits he’ll be rotating his players after their 5-0 win at Brighton. Asked if the 5-0 win against Brighton proves City were unlucky against Southampton, the boss replied: “No, we had many games like this during the season. “That’s why we are 21 points behind Liverpool. We had many games like this. We had Spurs, Norwich when we dropped a lot of points. “But always you are closer to winning when you have 25 shots. if you do more than the opponent then you are closer to winning the games. “That’s what we;re going to do in the remaining games.”Advertisement Loading…last_img read more

From Star Player to Star Coach, Dallaris Teaches Today’s Youth

first_imgNEW YORK – Neither rain, nor sleet, nor snow could stop local Greek American youth from showing up to their basketball games over the Jan. 29-30 weekend. Accompanying them every step of the way were many of their parents, and of course, their coaches. One of these coaches is Manolis Dallaris, who is quite an authority on basketball, and sports in general. A former athlete himself, standing out as a former basketball player for Greece’s junior (under 17) national team and the Esperos Basketball Club of Kallithea, Dallaris now coaches the B2 White Team for St. Nicholas Greek Orthodox Community in Flushing, N.Y. A simple look at Dallaris’ career and impressive experience is enough for anyone to realize that basketball is his favorite sport. Having played the game for years and having spent a good amount of time coaching local Greek American tams, Dallaris shared some of his knowledge with The National Herald and spoke about the local youth league, facilities, and the duty that the Greek American Community has to its next generation of members. “Basketball is doing very well. Here in the Community of Flushing where I volunteer my services, we have a large number of kids who play on all different levels, and each level has plenty of teams participating.{33638}There is some serious work being done by Greek Orthodox communities, parents, and coaches. We bring the kids to the gym to exercise, get to know each other, and form long lasting friendships. With the help of experienced and trained coaches, teams develop and their performance improves from game to game. There appears to be a future here, thanks to the longstanding nature of our league. The players of yesterday have gone on to become the coaches of today. We believe that our children will go on to do the same. Later on, we will pass on the torch to them. And so, the continuation of the Community is secured and guaranteed,” Dallaris said.Aside from just playing in the games, there are greater and more valuable things to be gained. “As I said, there is a sense of camaraderie among the teammates, but they also acquaint themselves and form friendships with their peers coming from other communities. These friendships will go on over time and keep them all united. Just like they all play together on the same team, tomorrow, when they become adults, they will be able to remain united and succeed in the game of life. We lay the groundwork for the children to be able to play together, and to teach them to work together so they can survive later one through collaboration,” Dallaris added.FUN, BUT WORK TOOBut exactly what role do local parish communities play in this effort? According to Dallaris, “the parish community plays a huge role. There wouldn’t be a league without them. Parents and volunteers from local parishes dedicate countless hours of work to help us achieve our goal. A lot of people work to make our league run.” And while things seem to be secure at the present time, Dallaris is well aware of the needs that go along with this effort, and the fact that the future often comes faster than expected… “It’s time for the Greek American Community to cross over to the next level,” he says. “What do I mean by this? After 1987, when the Greek national men’s team achieved international acclaim and won the European Championship, basketball courts and gyms started being built all over the country. We left the sandlots and the outdoor courts behind, and we started playing at respectable athletic facilities. This is a major reason why basketball has done so well in Greece. That’s why we have a future. Greece is one of the top countries in Europe when it comes to basketball. There’s no coincidence here. Years later, we are reaping the rewards of all the hard work that was sown. But remember, it takes years to reap rewards. We have to emulate what they did in Greece here, and we must decide to follow their example.”Simply put, the goal is a sports complex. This is regularly atop parents’ wish list. Recently, Petros Galatoulas, of the Federation of Hellenic American Societies of Greater New York, called for a Greek American soccer field as well. Dallaris strongly agrees. “This (a sports complex) is an urgent need, and it must get done! If we manage to built a sports/cultural center, we will be able to bring together all of the basketball and soccer teams in the Community. We will have built a main venue where all our athletic events can be held. There could also be concert halls, a hall for theatrical and dance events, and a library. It would serve as a magnet for our kids. Other ethnic groups have succeeded in doing this, they’ve gone ahead with it. The lack of such a venue is a big absence. We should have had one already, and we have fallen behind because of it. We are lacking because of this deficiency, and it would serve as a huge asset to the Community is we build it. It would be our next step forward. We are planting the seeds now to enjoy the fruits of our labor tomorrow.”When asked if he thinks it is attainable, he answers an unequivocal “Yes! It is possible if we all band together, parish communities, local associations, federations, prominent Greek Americans, governments… We’ve built so many churches, buildings, headquarters for associations. We’ll find a way to raise the money and make this extravagant plan come true. We are lacking such a facility, and our children need it.”LESSONS OF SPORTSAside from being a stand-out athlete, good father, and coach, Dallaris is also an accomplished businessman. “I came to the US on a basketball scholarship. I didn’t play. I got involved in the cafe and restaurant business. Then I started a family. I have four kids. In recent years, I work almost exclusively on green technology: solar energy, photovoltaic systems, solar panels for roofs. We have factory units in Europe, with ten stores in Greece, and twelve in Germany, Italy, and England. Here in the U.S., we have the exclusive importing rights and three stores. We are trying to bring new technology to society and educate our children and the world that our survival is tied in to the environment and the use of more eco-friendly energy sources.”Business is going good, Dallaris says, but the ultimate goal of every father, coach, and active member of the Greek American Community is the future of their children. “They are our future. We must sow now, so we can harvest the rewards later. In order to achieve our goals, building a full athletic and cultural complex is a dire necessity. I am willing and favorably inclined to contribute myself to help in the achievement of a large-scale idea like this.” TweetPinShare0 Shareslast_img read more

How Do March Madness Bracket Pools Work?

first_imgWith the majority of the United States’ population set to partake in an NCAA Tournament bracket pool or two, we thought we’d give a quick rundown on how these pools work, for those unfamiliar with the concept. An NCAA Tournament bracket pool is a collection of people who are attempting to predict how the tourney will unfold, and, based on the scoring system, one man or woman will emerge as the victor of their respective pool when the tournament concludes.       IG/bmikolajekIG/bmikolajekTo start, you need to enter a pool. If you weren’t invited into one by someone else, you can enter one of the hundreds of public pools open on ESPN, CBS, or Yahoo. Next, you need to fill out your bracket, which is set to be released Sunday night on CBS. There are 67 games to pick – the four First Four games, the 32 Second Round games, the 16 Third Round games, the eight Sweet 16 games, the four Elite Eight games, the two Final Four games and the national championship game. The scoring of the bracket pools can vary depending on what platform you’re using, but, basically, you get a certain amount of points per each contest that you pick correctly. Typically, the amount of points you receive per win increases by round, so correctly picking the national champion will be worth far more points than correctly picking the winner of a Second Round game. If two or more brackets have totaled the same number of points at the end of the NCAA Tournament, there are tiebreakers. Usually, you’ll have to predict the score of the national title game, and the person with the closest score wins the tiebreaker. Now that you’ve got the NCAA Tournament bracket pools down, go out and win yourself some pools!last_img read more

Margaret Ma Murray Community School Fundraising Concert was a Huge success

first_imgThe Fundraiser was to help the new school build upon their musical instrument selection so each student has the opportunity to participate in the music program once a week.“More than our minimum goal of 5000 which means we can dip into dreams and have some money in the bank for future repairs and dreams,” said Brooks.Brooks shared it would be nice to build upon the selection of instruments that are currently available to her so she can provide variety to her students. Studies have shown children that have been exposed to music have healthy brain development.Brooks finishes off to say “Truly humbled overwhelmed and grateful for the community support. So proud to live here. Wow. Just wow.”A break down for what the funds will be used for; Every kid at MMCS Kindergarten through grade 6 gets a music class with a professional music educator once per week Orff xylophones that can be set up for younger grades as well as older will be purchased Students K-2 will learn how to sight sing and read rhythms on a variety of smaller percussion (hand drums, bongos, tambourines, etc.) All grade 3s will learn to read full music notation and play songs on xylophones – we will now have one for every child All grade 4s will learn how to play the recorder All grade 5s will learn how to play the ukulele All grade 6 will either join the SD60 Band Program and learn a “band” instrument or learn how to play in a band using school instruments combined together (recorder, ukulele, xylophone) FORT ST. JOHN, B.C. – Students and the community came together February 28th for an evening full of musical performances to support the Musical program at Margaret Ma Murray (MMMCS) Community School.MMMCS PAC and Sabrina Brooks, District 60 Band Teacher hosted the fundraising Concert. With performances by the Northern Winds Community Band, the SD 60 Beginner Band and the Choir. As well as food and raffle items for sale.The evening raised “2000 worth of physical instruments and $6400 in cash,” said Brooks, “Super overwhelming but great,”last_img read more

Etihad Airways loses 128 bn in 2018 in 3rd year of losses

first_imgDubai: Abu Dhabi’s Etihad Airways said Thursday it lost $1.28 billion in 2018, the third-straight year the government-owned long-haul carrier has lost over a billion dollars. Since 2016, Etihad has lost a total of 4.75 billion as its strategy of aggressively buying stakes in airlines from Europe to Australia to compete against Emirates and fellow rival Qatar Airways exposed the company to major losses. In the time since, it has embarked on a cost-cutting initiative and recently announced it would restructure planned aircraft purchases from Airbus and Boeing. Also Read – Maruti cuts production for 8th straight month in Sep”Our transformation is instilling a renewed sense of confidence in our customers, our partners and our people,” Etihad Aviation Group CEO Tony Douglas said in a statement announcing the results. The airline reported revenues of $5.86 billion in 2018, down from 6 billion in 2017. It flew 17.8 million passengers last year, down from 18.6 million the year prior. Previously, Etihad reported losses of $1.52 billion for 2017 and $1.95 billion in 2016. It blamed “challenging market conditions and effects of an increase in fuel prices” in part for the loss in 2018. Abu Dhabi’s rulers launched Etihad in 2003, competing with the established Dubai government-owned carrier Emirates that flies out of Dubai International Airport only 115 kilometers (70 miles) away. Last year, Etihad began loaning pilots to Emirates under a new program.last_img read more

Patel becoming FIFA Council member will greatly benefit India

first_imgNew Delhi: The likely election of All India Football Federation chief Praful Patel as a FIFA Council member will open the country further to the outside world, the national body’s senior vice-president Subrata Dutta said on Tuesday. Patel is set to become the first FIFA Council member from India for a four-year term (2019 to 2023) when the Asian Football Confederation holds its elections in Kuala Lumpur on April 6. Eight candidates are in the fray to elect five members of FIFA Council — the highest decision making body — from the AFC. Also Read – Puducherry on top after 8-wkt win over Chandigarh”If Patel becomes a FIFA Council member, the country can benefit in many ways. We will get more technical and financial support in the setting up of the Centre of Excellence near Kolkata. We will get support in the development of qualified coaches and in producing better referees of our own,” Dutta said. “India has hosted FIFA U-17 World Cup (for men) in 2017 and we are hosting FIFA U-17 World Cup for women in 2020. If Patel becomes a FIFA Council member, we will get other bigger events,” he added. Also Read – Vijender’s next fight on Nov 22, opponent to be announced laterIndia is interested in hosting the FIFA U-20 World Cup (for men) in the near future. Dutta also said that Patel sitting at the high table of world football will help the national team in getting more international friendly matches. “At present, we are struggling to get opponents for international friendly matches. But the AIFF chief becoming a FIFA Council member will make it easier as India’s relationship with other top football nations will become better,” the senior AIFF official said. Asked if Patel has the support from the current Asian Football Confederation (AFC) regime, headed by president Shaikh Salman, in Saturday’s elections, Dutta said: “I have no clue about that. I can only say that Patel has 90 per cent chance of becoming a FIFA Council member.”last_img read more

HC judge recuses self from hearing plea to bar Omar and Mehbooba

first_imgNew Delhi: A Delhi High Court judge on Wednesday recused himself from hearing a plea seeking a direction to the Election Commission to bar Jammu and Kashmir politicians Farooq Abdullah, Omar Abdullah and Mehbooba Mufti from participating in the Lok Sabha election as they have allegedly made “seditious” statements.Justice A J Bhambhani, who was part of the division bench headed by Chief Justice Rajendra Menon, recused himself from hearing the matter. Also Read – Uddhav bats for ‘Sena CM'”List it before a bench in which one of us, that is, Justice Bhambhani, is not a member,” the chief justice said. The matter would come up for hearing before another bench on April 12. The petition filed by a lawyer alleged that the “seditious and communal statements” given by the three leaders were against the Constitution, adding that the court or the EC should bar or impose conditions on their entry into the LS. All the three leaders are former chief ministers of J&K. The petition has arrayed the EC, the Union of India, the Delhi Police, National Conference (NC) president Farooq Abdullah, his son Omar Abdullah and Peoples Democratic Party (PDP) president Mehbooba Mufti as parties to the petition. Also Read – Farooq demands unconditional release of all detainees in J&KThe plea moved by advocate Sanjjiiv Kkumaar has also sought a direction to book them under various charges, including sedition and inciting hatred, of the Indian Penal Code and the Information Technology Act. “Issue directions to the respondent number 1 (EC) to ban the NC and the PDP from Lok Sabha election 2019 as respondent number 4 and 6 (the three leaders) are presidents of their respective parties and represent their parties and their ideologies,” it alleged. “Will it not be a mockery of democracy to allow those people and parties to participate in the Lok Sabha election when people/parties openly call for sedition to divide Mother India on the basis of religion (Muslim majority) and two prime ministers (for J&K and the rest of India),” it said.last_img read more

IPS officers condemn Sadhvi Pragyas remark on Karkare

first_imgMumbai: Associations of serving as well as former IPS officers on Friday condemned BJP candidate Sadhvi Pragya Singh Thakur’s remark that then Maharashtra ATS chief Hemant Karkare died in a terrorist attack because she had cursed him.The Indian Police Service (Central) Association tweeted from its official handle, `IPS Association’, that Karkare had made the “supreme sacrifice”. “Ashok Chakra awardee late Sri Hemant Karkare, IPS made the supreme sacrifice fighting terrorists. Those of us in uniform condemn the insulting statement made by a candidate and demand that sacrifices of all our martyrs be respected,” the association said. Also Read – Uddhav bats for ‘Sena CM’Julio Ribeiro, chairman of the Retired IPS Association, termed Thakur’s statement as unfortunate. Ribeiro said, “Karkare was one of the finest IPS officers who worked almost everywhere in Maharashtra during his stint and there was not a single complaint against him. He would never do anything wrong. “When other officers who have worked with Karkare would come across Pragya’s remark, they will think what kind of people are being put up (as candidates),” he said. Also Read – Farooq demands unconditional release of all detainees in J&KKarkare, along with Ashok Kamte and Vijay Salaskar, was among the police officers who were killed during the 2008 Mumbai terror attack. Before that, the Maharashtra Anti-Terrorism Squad had cracked the September 2008 Malegaon blast case and arrested Thakur and others. Thakur later got bail, but she is still facing trial for the blast in which six persons were killed. Addressing BJP workers in Bhopal — from where the party has fielded her for the Lok Sabha poll — she alleged that Karkare “tortured” her during the probe. “I told him he will be destroyed. A little over a month later ‘sutak’ (ritual observed after death of a family member) was going to start…just over a month later, he was shot dead by terrorists and the inauspicious period ended,” she said.last_img

China formally arrests Canadian former diplomat businessman

first_imgBeijing: China has formally arrested two Canadians who have been detained for months on national security grounds, a Canadian newspaper reported on Thursday, in a case that has inflamed tensions between Ottawa and Beijing. A Canadian government source told The Globe and Mail that neither Michael Kovrig, a former diplomat, nor Michael Spavor, a China-based businessman who organised trips to North Korea, have been formally charged. “Canada strongly condemns their arbitrary arrest as we condemned their arbitrary detention on December 10,” the Canadian foreign ministry said in a statement to the newspaper. Also Read – Saudi Crown Prince Salman ‘snubbed’ Pak PM Imran, recalled his private jet from US: ReportThough no link has been officially made, the detention of Spavor and Kovrig is thought to be in retaliation for Canada’s December 1 detention on a US extradition request for Meng Wanzhou, a top executive of Chinese telecom giant Huawei who is accused of violating Iran sanctions. The men were first accused of activities that “endanger China’s security” — a phrase often used by Beijing when alleging espionage. China later announced it suspected Kovrig of spying and stealing state secrets and alleged that Spavor had provided him with intelligence. Also Read – Iraq military admits ‘excessive force’ used in deadly protestsTwo other Canadians convicted of drug trafficking, meanwhile, have been sentenced to death. And Beijing recently blocked Canadian shipments of canola and pork worth billions of dollars. Meng — who is currently fighting extradition to the US — is allowed to live in her Vancouver mansion, although her mobility is limited. Meanwhile, a group of Canadian parliamentarians had earlier complained to Chinese officials that Kovrig and Spavor have been denied access to lawyers, and remain in “completely unacceptable” detention conditions.last_img read more