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Gold Coast homeowners make more than $500 million

Gold Coast homeowners make more than $500 million

first_imgREIQ Gold Coast zone chairman John Newlands said the Coast was seeing the flow-on effect from the investors coming from interstate and locally.Mr Newlands said the Coast’s new infrastructure, construction and tourism industries, and impending 2018 Commonwealth Games were giving buyers a renewed confidence in the city.“We are now getting some traction in the market place and seeing the flow-on effect from the investors coming from interstate and locally,” he said.“With the low-interest rates buyers are opening their wallets with confidence to buy.” The CoreLogic Pain and Gain report revealed 84 per cent of Gold Coasters made money — with the median profit at $110,000. GOLD Coast homeowners made more than $500 million in one quarter alone last year as the level of sales reached six year highs.Figures released today show eight out of 10 homeowners made a profit on sales in the three months to September 2016, pocketing almost $525 million.The CoreLogic Pain and Gain report reveals the median profit was $110,000.It was the best result for houses on the Coast since 2010.CoreLogic research analyst Cameron Kusher said strength was returning to the coastal markets.“You also see in Queensland interstate migration is picking up a little bit, particularly in the southeast corner.“Obviously people in Sydney and Melbourne possibly starting to think about their retirement they have seen significant growth in the value of their homes over the last few year, lots of equity.“The Gold Coast is one of the places they like to look at, so that could all be contributing to the improvement…”More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North12 hours ago02:37International architect Desmond Brooks selling luxury beach villa1 day agoCoreLogic research analyst Cameron Kusher said strength was returning to the coastal marketsREIQ Gold Coast zone chairman John Newlands said there were “pockets” of housing around the Coast — including Burleigh Heads and Southport — that had experienced phenomenal growth in the past 10 to 15 years. “The people who have benefited from selling are those who took up good opportunities through the global financial crisis period, or people who have been holding on to their properties for 10 to 15 years in a suburb which has become quite popular,” Mr Newlands said.“Some suburbs have completely transformed. Like Burleigh Heads, it’s just one of several Gold Coast suburbs that come along immensely with new restaurants and lifestyle factors impacting it.“There are little pockets around the Coast that have completely transformed.”last_img read more

LABA ‘Night with the Stars’ set for today

LABA ‘Night with the Stars’ set for today

first_imgBy Joe ChapmanA ‘NIGHT with the Stars’ is planned for this evening, where ‘Basketball meets Fashion and Awards Promotion’.The event is being hosted by the Linden Amateur Basketball Association (LABA) in collaboration with Bankers Trust Falcons and others at the Mackenzie Sports Club hard court.An exhibition match, Linden versus Georgetown clash will see Ravens out of Georgetown face Linden champions Victory Valley Royals.The opening basketball match will showcase the best junior players from Linden where an east Mackenzie side will face the might of the west Wismar line-up from 19.00hrs.That will be followed by several awards being distributed to some of Linden’s brightest stars in the field of sports. Topping that list will be this promotion’s Sportsman-of-the-Year Daniel Williams and Sportswoman-of-the-Year Chantoba Bright.Also scheduled to collect accolades are Carifta Games gold medallist over 100 metres Compton Caesar and South American 400-metre champion DeShanna Skeete, among others.These two very outstanding athletes ensured with others that District 10 remained the athletics hot spot in Guyana by retaining the National Championships recently.They will be joined by some of the brightest prospects in Linden basketball which should include Yannick Tappin, one of Guyana’s top basketball player Akeem ‘The Dream’ Kanhai, Harold Adams who achieved the record of scoring 111 points earlier this year in a single LABA league game.There will also be the designs of uniforms and clothing on display from two of Linden leading designers, Ms Setra O’Selmo and Crystal Lam, along with the honouring of a number of persons who have continued to excel sports and education in the mining town over the years.The Amelia’s Ward South Stars cricket side, male and female Linden cyclists are all to be given recognition tonight.A number of coaches including Abdulla Hamid, Johnny Gravesande and Ann Gordon, and Guyana’s lone FIBA referee over the past ten years, Sherwyn Henry, will also be honoured.Also on the list are companies like Bosai Minerals Group, Banks DIH, Ansa McAl Trading and Ramesh Trophy Stall among others. A number of radio and television personalities will also be given recognition when the full list is announced tonight.President of LABA, Lawrence Simon, promised that this will be an annual promotion to cap the season for the association. He noted that many persons who did not make the cut this year will likely be so honoured next year.last_img read more

Reynolds accused of flouting 2017 openness law she pushed

Reynolds accused of flouting 2017 openness law she pushed

first_imgDES MOINES, Iowa (AP) — Gov. Kim Reynolds’ refusal to specify why she forced the head of the Iowa Department of Human Services to resign has prompted accusations that she’s violating a 2017 law requiring the state to disclose why it has fired employees or officials.Reynolds was lieutenant governor and stood by then Gov. Terry Branstad when he signed the disclosure bill into law. Branstad had pushed for the bill, which Republicans included in a larger collective bargaining bill that reduced union rights for 180,000 public workers.But after asking DHS Director Jerry Foxhoven to resign June 17, Reynolds has declined to specify the reason.On Thursday, Foxhoven said he would file a whistleblower claim with the State Appeal Board, the first step toward pursuing a lawsuit against Reynolds and the state.last_img read more

Darwin’s ship library goes online

Darwin’s ship library goes online

first_imgAs Charles Darwin cruised the world on the HMS Beagle, he had access to an unusually well-stocked 400-volume library. That collection, which contained the observations of numerous other naturalists and explorers, has now been recreated online. As of today, all of more than 195,000 pages and 5000 illustrations from the works are available for the perusal of scholars and armchair naturalists alike, thanks to the Darwin Online project. The Beagle’s library included such influential reference texts as Charles Lyell’s Principles of Geology, as well as the writings of James Cook, Alexander von Humboldt, and Thomas Pennant (from whose 1793 book, History of Quadrupeds, this picture of a camel is taken). Atlases and books on travel, natural history, and geology made up most of the collection. But it had a few works of literature as well, including John Milton’s Paradise Lost. The Beagle library was dispersed when the voyage ended in October 1836. Scholars had previously identified 132 works as probably in the library based on Darwin’s writings. Science historian John van Wyhe, of the National University of Singapore, identified additional likely volumes by scouring Darwin’s field notebooks and the writings of other crew members for hints. The entire library—181 works in 404 volumes—includes works with illustrations digitized for the first time.last_img read more