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Queensland property rise in 2016

30 October 2015 In: Property, Finance, Brisbane, Queensland, General

House price inflation in Queensland will be the highest in Australia over the coming 12 months. The price of houses and units, as well as rents in the state, are forecast to rise in 2016 while property prices in other states are set to flatten and fall. That’s according to the latest NAB Residential Property Survey that says Queensland will replace New South Wales to be the top performing state for house prices and rental…

House prices in regional Australia

29 October 2015 In: Property, Queensland, General

House prices in Australia capital cities may have soared in recent years but prices have fallen in regional areas. Hardest hit are Australia’s regional resource hubs – mining regions – where property prices have plummeted by up to 74% over the past three years. Queensland has been particularly badly hit with house prices falling 73.4% in Dysart and 70.6% in Moranbah. Rental demand has now fallen and plunging rental returns have seen capital values contract…

Smoking ban in Queensland

17 October 2015 In: Queensland, Health, Family, General

Officials in Queensland, Australia, are taking further steps to ban smoking in public places. New laws are being drafted to ban smoking in and around childcare centres, children’s sporting events, bus stops and other areas. It is already illegal to smoke inside pubs, clubs, restaurants and workplaces in Queensland. Lighting up is also banned at major sports stadiums, outdoor eating areas and patrolled beaches. Queensland Health Minister Cameron Dick said the additional laws are needed…

LNG industry in Queensland

16 October 2015 In: Jobs, Queensland, General

A new liquefied natural gas operation has begun in Queensland, Australia and the first shipment of LNG has just been exported. Total’s new Gladstone LNG plant at Curtis Island will produce 7.2 million tons of LNG per year once at full capacity. All production from the plant will be sold to Asian buyers in South Korea and Malaysia. The first shipment of liquefied natural gas (LNG) from the Gladstone LNG project has been loaded and…

Australia air flights up and down

26 September 2015 In: Travel, Sydney, Melbourne, Perth, Brisbane, Queensland, General

There has been a rise in international flights to Australia but a fall in the number of people using domestic flights. Domestic air traffic in Australia has fallen by 1% over the past year while an increase in the number of international visitors using Australian airports has increased. In 2014, almost 60 million passengers were carried on Australian domestic routes, a fall of 0.9% compared to 2013 but the number of flights (689,162) fell by…

Brisbane aims for 40% open space

23 September 2015 In: Brisbane, Queensland, General

The amount of public open space in Brisbane, Australia, is set to rise to 40% over the next 15 years. City officials aim to increase the amount of land set aside for non-building or commercial purposes in order to conserve and protect local wildlife and endangered species. Graham Quirk, Lord Mayor of Brisbane, says that 40% of the city will be dedicated to green space by 2031. The Mayor told reporters: “Brisbane is Australia’s most…

House prices in Brisbane suburbs

20 September 2015 In: Property, Brisbane, Queensland, General

Brisbane and South East Queensland has become the target for price-conscious home-buyers looking for affordable housing. Suburbs in the south of Brisbane are now the focus of quickening growth in both development and sales. Logan City (between Brisbane City and Gold Coast City) has become popular in the past year and now the middle-ring precinct in Brisbane Southside is the place to look for affordable properties. Within this area, suburbs include Greenslopes (average house price…

Record unit sales in Brisbane

11 September 2015 In: Property, Brisbane, Queensland, General

Brisbane has witnessed a boom in apartment sales over the past three months. A record 2,277 new apartments have been sold across 86 projects in the city in the three months to June. The previous high was 1,541 sales in the last three months of 2014. Buyers have been flocking to Brisbane this year and the city has seen growth in both property values and rental returns, outperforming the capital city hot-spots of Sydney and…

New homes record in Australia

10 September 2015 In: Property, Sydney, New South Wales, Victoria, Queensland, Western Australia, General

The number of new homes planned in Australia has risen to record levels with over 200,000 approved in the past year, 40% higher than two years ago. While this record level of home-building has created an over-supply of properties in some capital cities and driven down prices, some major cities are suffering an under-supply that continues to force prices up. But industry observers say this imbalance will level out over the next two years and…

Brisbane boasts ‘Bar of the Year’

20 August 2015 In: Travel, Brisbane, Queensland, Entertainment, General

A boozer in Brisbane has been voted the best bar in Australia. The Gresham in Brisbane was voted Bar of The year in the annual Australian Gourmet Traveller Restaurant Awards for its old-world charm, comprehensive range of whisky’s and cocktails and its’ award-winning bartenders. The venue has also been nominated for eight top honours at next month’s Australian Bartender Magazine Awards. A string of venues, restaurants and bars across Queensland have won top awards. Crosstown…

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