Cooling market, better affordability ahead for Queensland homebuyers

first_imgQueensland is tracking quite well on the affordability front. Picture: Brendan Radke.HOME loan affordability has increased across Queensland while the Brisbane property market has cooled to more sustainable growth, according to the PRDnationwide’s Australian Economic and Property Report 2017 released today.The report showed Brisbane’s median house price grew an average of 1.5 per cent in the first half of 2017 but growth had slowed from an increase of 7.1 per cent in the year to May 2016, to 4 per cent in the following 12 months.PRDnationwide national research manager Dr Diaswati Mardiasmo said it signalled a return to usual, more sustainable levels of strong growth that the Australian market was experiencing prior to the property boom.“Affordability is the key issue and (Queensland) is tracking quite well in that sense,” Dr Mardiasmo said.More from newsMould, age, not enough to stop 17 bidders fighting for this home3 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor3 hours ago“People can still access quite a lot of suburbs under $500,000, which is not the case in Sydney and Melbourne.”She said “the Brisbane rate of income growth was disproportionate to (residential property) price growth”.“Over the past 10 to 15 years growth had tracked around 5 per cent, which was in line with our wage and income growth. So the fact that we’re still growing at 4 per cent is great because we’re still seeing that capital growth but it’s more sustainable.”Across the state, the Queensland regional markets recorded growth of 4 per cent in the first half of 2017, the highest increase of the three main states (NSW, VIC and QLD) and third highest nationally.The PRDnationwide report also found Brisbane rental vacancy rates held steady at 3 per cent and median rents had increased by 1.3 per cent.Dr Mardiasmo said the vacancy rates were the right side of healthy and the rental change was much more affordable compared to other capital cities, so it was good news for investors and tenants alike.Home loan affordability in Queensland increased by 3.6 per cent annually to March 2017, the report found. Nationally the proportion of family income needed to meet home loan repayments decreased from 31.7 per cent to 30.4 per cent and the proportion to meet rent payments decreased from 25.1 per cent to 24.6 per cent in the same time.last_img read more

WG boys basketball gets big wins over Corcoran, B’ville

first_imgHere, Amica could not match those totals – but he did not have to as the Wildcats did just enough to hold off Corcoran 67-66 for its eighth win in a row.All through the first half, WG maintained control, answering whenever the Cougars threatened to catch up and eventually building a 35-27 margin to take to the break.Every bit of it was needed, since Corcoran chipped away throughout the second half, led again by De’Jour Reaves, who topped all individuals with 27 points as Arthur Williams added 13 points. Part of the reason the Wildcats held on was that Amica did not have to take over, though he still paced his team with 22 points.Adam Dudzinski finished with 15 points, while John Benson had 10 points. Kam Jones, who didn’t play in that December meeting, got seven points as Sam Gallager had nine points.And this led to Friday’s visit from Baldwinsville, The Bees were 10-1 and atop the SCAC Metro division standings, in while the Wildcats were 8-2 in league play.More importantly, B’ville was the last team to defeat WG on Jan. 3, a memorable 57-52 game where sophomore J.J. Starling burned the Wildcats for 16 fourth-quarter points to rally his team to victory.An overflow crowd was on hand for Senior Night and WG sent most of them home happy, battling to a 49-45 victory that had plenty of momentum shifts and tension all the way to the final seconds.Somehow, the Wildcats endured going more than five minutes without a point in the first half to lead 19-18 at the break, saved by a defense that found a way to keep Starling quiet.Jones and Anthony Dattellas took turns face-guarding Starling, which prevented him from driving to the basket and forced him to settle for long-range shots, most of which fell off target in the early going.Amica, sidelined by two early fouls, broke out by scoring 10 straight points in the third quarter as WG built a 38-28 advantage. But then Starling ended his drought with four straight 3-pointers in a 12-0 run to put the Bees in front.WG absorbed all this and, over the game’s last four minutes, held the Bees without a field goal, getting back-to-back baskets from Gallager and Dudzinski to gain a 47-43 edge.Free throws by Chase Trombley cut the margin to two and, after Amica missed a free throw, the Bees had the ball in the final seconds with a chance to tie or win it.But Starling missed a driving lay-up, Dudzinski got the rebound and was fouled with 2.2 seconds left. Dudzinski hit both free throws to clinch it, giving him 15 points for the night.Each of WG’s three remaining regular-season games are on the road as the 14-3 Wildcats travel to Henninger and Fayetteville-Manlius this week and to Cicero-North Syracuse on Feb. 11.Share this:FacebookTwitterLinkedInRedditComment on this Story No single stretch of the regular season meant more to the West Genesee boys basketball team than the pair of games it would host in the last days of January.With Section III Class AA playoff seedings, and possibly a league title, on the line, the Wildcats would sweep one key challenger and gain some payback against the other.First was last Tuesday’s visit from Corcoran. The Wildcats and Cougars had gone through some classic battles the previous two years, and it took Will Amica scoring 36 points to have WG win 69-61 when they met in December.center_img Tags: boys basketballWest Geneseelast_img read more

England win Women’s World Cup,England win Women’s World Cup

first_imgJuly 23, 2017 0 cricket The Indian women’s cricket team let slip a historic title triumph with nerves getting the better of it in a tense summit clash against England, leaving Mithali Raj’s giant-slaying side with the runners-up tag for a second time in the ICC World Cup, here today.It was an anti-climactic result for India since they were well on course for a memorable triumph, sitting pretty at 191 for three in 42.5 before a batting collapse saw them bowled out for 219 in 48.4 overs.Needing just 38 runs off 43 balls,the Indian lower middle order committed harakiri losing seven wickets for 28 runs in 6.5 overs.Opener Punam Raut (86) and Harmanpreet Kaur’s (51) steady half centuries had set the platform but once they departed it was far from a smooth ride as England’s consistent strikes turned it into a cliff-hanger.Veda Krishnamurthy (35 off 34 balls), Sushma Verma’s (0) and Jhulan Goswami (0) were dismissed in space of nine balls.Krishnamurthy had raised hopes with a cameo but her sloppy shot selection off Anya Shrubsole in the 45th over changed the script as it exposed the tailenders to a pressure situation which they could not cope with.Nevertheless, Indian women team emerged as a force in world cricket with some inpsiring peformances such as Harmanpreet Kaur’s fearless strokeplay.However, it was one last chance for captain Mithali Raj and veteran Jhulan Goswami to have a World title in their cupboards. India were making their second appearance in a World Cup final. They lost their previous final, against Australia in Centurion, by 98 runs in 2005.A proven performer for far too long, Jhulan delivered with three wickets in the most widely watched game in the history of women’s cricket as India restricted the hosts to 228 for seven.Smriti Mandhana (0) must have been desperate to break her run-less streak but a four-ball duck ended her campaign in the tournament as Anya Shrubsole crashed through her defence in the second over of the Indian innings.Mithali Raj (17 off 31) and Punam Raut added 38 runs for the second wicket before the captain trudged back to pavilion following a lazy run out. Surprisingly, Raj gave up half way after Raut called her for a run.India were steady, going little under four an over, but England were fielding well to ensure there were no freebies.Harmanpreet came to the crease with a bag of burden on her shoulder and batted with maturity.In company of Raut, she kept the scoreboard ticking and twice lofted left-arm sppiner Alex Hartley over the ropes, siganling that things were very much under control.India reached 100 in the 27th over and Raut rasied her half-century with a single off Shrubsole. Harmanpreet too got to the milestone soon when she glanced Brunt to fine leg.With two batswomen going about their business untroubled, India had a firm control over the proceedings. But England got exactly what India did not want to lose at that time: Harmanpreet’s wicket.The Moga girl swept Hartley straight to Beaumont at deep square leg when even England had not expected a wicket and that too of the most dangerous batter in Indian line-up.She did not set the field on fire like the way she batted against Australia but it was a significant knock, although it did not prove to be enough in the end.Earlier, the coin landed in the opponents’ favour at the toss was hardly a deterrent as India went about the task in a professional manner.Leading the show was the redoubtable Goswami, who scythed through the English middle-order.The highlight of the lanky Bengali’s outing was the back-to-back dismissals of Sarah Taylor and Fran Wilson, which pegged England back.Taylor is a legend of the women’s game and Sciver entered the marquee match on the back of two centuries, and Jhulan had them caught behind and trapped in front of the wicket.In what could be her last match, Taylor walked off to an ovation from the almost sell-out Lord’s crowd after scoring 45 off 62 balls. The veteran English batswoman, surprisingly, could not hit a boundary in her innings.The in-from Sciver struck 51 off 68 balls, hitting five boundaries in the process, before her recovery act was cut short by Jhulan in the first ball of the 38th over.A former ICC Player of the Year, Jhulan finished her spell with impressive figures of 3/23 in the allotted 10 overs, which included three maidens.The end of Jhulan’s spell proved to be a boon for England, who rode on Katherine Brunt’s 42-ball 34 and Jenny Gunn’s 25 off 38 balls towards the end to sign off with a respectable total.After Jhulan, leg-spinner Poonam Yadav was the most impressive bowler, finishing with two 2/36 in her quota of 10 overs.England were off to a decent start with openers Lauren Winfield (24) and Tammy Beaumont (23) putting on 47 runs in a little over 11 overs. Rajeshwari Gayakwad gave the spirited visitors their first breakthrough when she removed Winfield.Yadav dismissed the other opener and skipper Knight in a span of two overs to leave England in a spot of bother at 63 for three in the 17th over.Taylor and Sciver steadied the ship with a partnership before spearhead Jhulan returned and removed Sciver.The hosts then got some useful runs from the willows of Brunt and Gunn. × COMMENT PM hails Indian women cricket team’s performance in World Cup SHARE Defeat India by nine runs in a thrilling final women’scricket   –  Reuters COMMENTS women’scricket   –  Reuters Published on SHARE SHARE EMAIL RELATED last_img read more