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RELIEF may be in sight for renters who have been hit in the hip pocket by skyrocketing rents over the past few years.

There has been a small decrease in rental rates across Australia’s capital cities over the June quarter, suggesting rental yields may have hit their peak, leading property statistics agency RP Data says.

Weekly house rents fell by 3.5 per cent nationally over the June quarter while unit rents dropped 0.6 per cent.

The largest fall was in the Canberra market with a drop of six per cent for the June quarter in the housing market, where the median weekly rent fell from $530 in March to $498 in June.

The only mainland capital city to experience a nearly six per cent rise in rent was Darwin, where renters can expect to fork out about $100 more per week than those in Sydney, where rents dipped by about five per cent.

“It now appears that the rental market may have peaked with national weekly median rents falling slightly in each month post March 2009,” RP Data’s Tim Lawless said in a statement.

“And with rental rates now coming off the boil and property values rising we are seeing the first signs that rental rates are eroding.”

Rental vacancies remain tight across the nation with all capitals recording less than three per cent vacancy in stock.

Source  :   www.news.com.au  
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WILD weather has caused havoc across Perth, uprooting trees, tearing off roofs and plunging homes into darkness.   

Winds travelling at more than 100km/h tore through the city overnight, ripping the roof off a granny flat in Doubleview, collapsing a ceiling in Joondalup and blowing in the windows of a house in City Beach.

More than 17,000 are believed to be without power because of the storm, mostly in the Perth hills.

State and Emergency Services (SES) have recorded 70 calls for help since 7am, with a total of 125 incidents logged since 6pm last night and 240 properties impacted.

Damage has been reported in coastal suburbs from Two Rocks to Rockingham and all SES units in the metropolitan area have been activated with volunteers in Northamweather called in for backup.

A series of cold fronts have been lashing the city since Friday, with Rottnest, Ocean Reef, Mandurah and Bickley some of the worst hit areas.

Ocean Reef recorded a wind gust of 107km/h and gusts of 115km/h were recorded at Rottnest, where ferry services have been cancelled.

The ports of Fremantle and Kwinana ports have suspended operations until midday.

Across the state, Cape Naturalist and Cape Leeuwin recorded wind gusts of up to 109km/h.  There have been reports of fallen trees and minor damage to homes in Bunbury, Busselton and Capel.

The WA Bureau of Meteorology says it is the wettest day of the year.

Flights from Perth’s international terminal are running half an hour behind schedule, and Main Roads are urging motorists to slow down and take care in the inclement weather.

Near the city, waves from the Swan River were lapping around peak hour traffic on the Kwinana Freeway this morning, while Riverside Drive and parts of Beaufort St have isolated flooding.

Traffic lights are out on the intersection of Great Eastern Highway and Stoneville Rd in Mundaring and at the junction of Kalamunda Rd and Gooseberry Hill Rd.

WA Bureau of Meteorology climate information officer John Relf says 23.2mm of rain has fallen overnight taking Perth much closer to the 177mm average with 147.8mm of rain recorded this month.

“We have exceeded last year’s June rainfall of 142mm,” he said.

Heavy rain has been reported from Collie to Walpole.

WA Water Corporation spokeswoman Clare Lugar says dams should have now started benefiting from the all rainfall.

“Up until Friday the streams hadn’t started to flow,” Ms Lugar said.  “But we are expecting it to have begun flowing over the weekend.” 

The wild weather is expected to ease up later tonight with fine weather forecast by Thursday.

Source  :   www.news.com.au

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I know if Jane were here today, she would have been so happy to see that so many Australian women and their families are being helped by the work the McGrath Foundation is doing each day.

Executive Director of the Foundation TracyBevan                                                                                                                                                                                                                                                 

Memorial services will be held across the nation today to honour breast cancer victims including Jane McGrath, one year after her death.

The McGrath Foundation, led by her husband and former cricketer Glenn McGrath has raised more than $5.5 million for cancer research.jane McGrath

Jane and Glenn co-founded the McGrath Foundation in 2002, to raise money for breast cancer nurses and to raise awareness about the disease.

The cancer campaigner lost her own battle with cancer on June 22 last year, sparking an outpouring of grief.

Today memorials will be held in the Art Gallery of NSW and at other sites across Sydney, as well as in Newcastle, Melbourne, Adelaide, Brisbane, Perth and Canberra.

Executive Director of the Foundation Tracy Bevan says it’s a significant day.

“Today is a hard day for us, but it’s also a very proud day. I know if Jane were here today, she would have been so happy to see that so many Australian women and their families are being helped by the work the McGrath Foundation is doing each day.”

The foundation currently has 45 McGrath Breast Care Nurses working in health care facilities across the country, with another eight to be placed in coming months.

Source  www.livenews.com.au

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BLUE and white blood runs in their _42945611_wembley416veins. They eat, breathe and sleep blue and white, and bleed blue and white blood.            

Who are they?

They are the Perth Chelsea Football Club Supporters Group, and they might be coming to a pub near you.

About 70 people, some from the northern suburbs, make up the blue and white army, a small but dedicated band of followers whose mission it is to support and celebrate, lose and lament with the team from their Perth base.

Their fearless leader, president Steve Van Doorn, from Butler, co-ordinates the group’s activity, which mainly consist of late-nights and early mornings in various pubs or supporters’ houses to catch live telecasts of each game in the October to March season.

“The northern suburbs have a strong contingent of more than 35 members who have been meeting regularly in Butler, Quinns, Kinross, Banksia Grove or Landsdale for the last six years,” he said.

Mr Van Doorn said the group ranged in age, from the four- and five-year-old children of members, to men and women in their 60s, some London ex-pats whose passion for the round ball game followed them across the ocean.

FA Cup fever has gripped the group, with a Chelsea versus Everton final on Saturday, May 30.

“It’s a 10pm kick-off, which is really an early night for us considering the telecasts of most games start about 2.45am here,” he said.

“One of our members wore a ‘The Who’ T-shirt to a game we won so now he can’t take it off until we’ve won the final – it’s just a superstition but he wears that shirt like a badge of pride.”

Source   www.inmycommunity.com.au

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Over 2000 homes across the metropolitan area are without power today as Western Power crews continue to repair powerlines damaged by the recent storms.

In Leederville 131 homes are without power, in Shoalwater 133 homes have been affected, 193 homes in Tuart Hill are without power and 149 Rockingham homes are blacked out.

A spokeswoman said most of the 2173 homes would have power restored this afternoon.  

150 homes where power outages have been affected by damage to a single electricity line, were expected to remain without power tonight.

More than 50 homes in the Perth Hills suburb of Parkerville have now been without electricity for almost two days.

The forecast shows showers will ease this afternoon with possible early showers Sunday morning followed by fine weather conditions.

Rising tides have battered two Perth landmarks – the Cottesloe Pylon and blue Crawley boat house on the Swan River – as wild weather hit the city.

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WESTERN Australia’s Liberal Government has handed down its first Budget, delivering a $647 million surplus but warning the state will be in deficit by 2012.

Treasurer Troy Buswell today delivered his first Budget since the Liberal Government came to power last year.

He said the 2008/09 surplus of $647 million would shrink to $409 million in 2009/10, and just $23 million the following year.

By 2011/12 the state will be in deficit to the tune of $513 million.

“Over the past months, as the global economy has been in decline, the state has been hit by large downward revisions to projected taxation revenue, GST grants from the Commonwealth and mining royalties,” Mr Buswell told parliament.

“Since the mid-year review, the Budget has lost a massive $4 billion in forecast revenue from these sources.”

Last year, then treasurer Eric Ripper delivered a surplus of more than $2 billion on the back of a booming commodities sector.

Economic growth remained high at 8 per cent for the 2008/09 financial year.

But forecasts predicted growth would fall into negative territory in 2009/10, with unemployment expected to peak, and business investment to fall by 17.5 per cent.

Mr Buswell said the Government would provide a one-year payroll tax rebate to small businesses with payrolls of up to $3.2 million to help protect jobs.

“Some 6,700 small businesses will be eligible for this payroll tax rebate, which will fully offset payroll tax for around 68,000 employees,” he said.

“The cost of this rebate is estimated at $100 million.”

A $47 million jobs training and skills package, and a $8.3 billion spend on infrastructure in the next financial year are key components of the Budget.
Mr Buswell said law and order were also strong focuses, in line with the Government’s election promises to boost funding for police and pump more money into prisons

Mr Buswell said the Government’s election promise to toughen up sentencing laws and introduce mandatory sentencing for people who assault police was underpinned in the Budget by a significant investment in prison capacity.

 

A total of $655 million will be invested in 2012/13 to create an extra 1657 prison beds across the state.

A record $5.1 billion spend on health services in the next year – rising 5.9 per cent, or $282 million from last year – will include the fast tracking of forward works for a new children’s hospital, the construction stage of the Fiona Stanley Hospital, and new hospitals in two regional centres.

Mr Buswell said the Government would push ahead with public sector reforms in a bid to achieve improved performance and efficiency.

The first stage of the economic audit committee promised by the Government during the last election was complete and a range of hard decisions had delivered $7.6 billion over the forward estimates, Mr Buswell said.

“I am looking forward to the second stage of the economic audit to identify strategies for broader reform over the longer term, so we can ensure the budget stays in surplus,” he said.

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