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The median price for a Perth house will pass $600,000 within three years as the city’s property market reclaims its title as the strongest and fastest growing in the country, a new report predicts.

The BIS Shrapnel residential property report forecasts house prices in Perth will climb an average 7 per cent a year for three years, pushing the median price to $610,000 from $500,000 today.

No other capital is expected to enjoy such strong capital growth, with even higher interest rates unlikely to slow the Perth market as much as others.

Senior project manager Angie Zigomanis said even though the Perth market slowed before other cities in 2007, conditions were improving on the back of another resources boom. Money flowing from commodities would soon push up house prices across Perth.

“With prices below peak levels in real terms and income in Perth set to grow substantially as the next round of resource expansion projects get up and running, solid price growth should continue,” he said.

“Nevertheless, further increases in interest rates will prevent the boom in prices that we saw in the last upturn.”

Mr Zigomanis said the median house price would climb 22 per cent by the middle of 2013. This growth would be quicker if the Reserve Bank did not increase interest rates in the next six to 12 months.

Growth at that rate would surpass other capitals such as Sydney (up 20 per cent), Melbourne (11 per cent), Brisbane (12 per cent), Adelaide (20 per cent), Hobart (12 per cent), Canberra (14 per cent) and Darwin (12 per cent).

House prices climbed rapidly through the second half of last year and into the first four months of this year.

Mr Zigomanis said this was directly because of record low interest rates in response to the global financial crisis and a “pull forward” of demand from the first-homeowner’s grant. Not only would house prices outpace inflation, they would affect rents.

“Even though overseas migration inflows are steadily easing, a deficiency of stock is still in place with dwelling construction below underlying trend,” he said.

Recent Australian Bureau of Statistics figures show a fall in loans for people buying homes but an increase in loans for investment properties. Financial market analysts do not expect official interest rates to rise until May next year.

source  :  www.thewest.com.au

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Cathay Pacific flights sale 2010: Adelaide, Brisbane, Cairns, Perth, Melbourne & Sydney travel deals

Fly via Hong Kong to Adelaide, Brisbane, Cairns, Perth, Melbourne or Sydney in April, May and June 2010 for from £689 return – Cathay Pacific’s flights sale is on until 16 February 2010.

Cathay Pacific Australia flight sale prices: 

Cathay Pacific’s quality makes it worth considering the prices in the Hong Kong airline’s current flights sale. British Airways and Virgin Atlantic have slightly better prices on roughly the same dates, but it is arguably worth paying the extra £20 or £30 – particularly if you fancy a Hong Kong stopover or are flying to cities other than Sydney.

The Cathay Pacific Australia and New Zealand flights sale is on until 16 February 2010. As part of it, return flights from London to Adelaide, Melbourne and Perth via Hong Kong cost from £689, while economy class tickets to Sydney, Cairns, Brisbane and Auckland in New Zealand cost from £699.

Cathay Pacific Australia flights sale: Terms and conditions:

The following are taken from the Cathay Pacific website:

Terms & conditions

  • Sale period: until 16 February 2010.
  • Fares are for travel from London Heathrow.
  • Offer valid on all CX operated flights.
  • The above displayed fares are valid for outbound travel in selected dates only: 06April – 15June 2010. For travel in other periods fares may differ.
  • Stay: 5 days minimum / 1 year maximum.
  • Dates Changes: Outbound- Not Permitted.  Inbound – Permitted GBP50.
  • On changing the outbound travel date when permitted, if the itinerary results in a higher fare then difference applies along with the date change fee. If the itinerary results in a lower fare then the date change fee still applies and no refund will be made.
  • Name changes are not allowed.
  • Cancellations/Refunds: Non refundable. Cancellation fee £200. No-show: nil refund.
  • Fares are subject to change without prior notice.
  • Other Terms and Conditions apply.
  • The fares detailed in the offer/promotion are subject to availability and offered on a first come, first served basis. The limited number of seats for the subject fare allocated to a particular flight may be fully booked although seats are still available in other fare types in the same class of travel.

Note: The fares displayed include taxes, fees and surcharges, which are subject to change at the time of booking due to currency fluctuations. 

Source  :  www.australiaflightbargains.com

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A new educational resource kit on citizenship will provide school children across the country with a greater understanding of our civic responsibilities and what it means to be an Australian citizen.

The school resource book – I am Australian: Exploring Australian Citizenship – is designed to assist teachers to deliver more in-depth lessons on Australian citizenship and civics to upper primary and lower secondary school students.

The Minister for Immigration and Citizenship, Senator Chris Evans, said the school resource book will help students better understand the meaning and significance of Australian citizenship.

‘Knowledge of Australian citizenship and civic responsibilities is important for all Australians, no matter how they became citizens,’ Senator Evans said.

‘This will be a valuable learning tool for all students, not only for those who have come here from other countries, but also for those who have lived all their lives in Australia.

‘It will also help students appreciate the contribution made to Australia by people from diverse backgrounds, whose journey to Australia was completed when they became citizens.’

The school resource book contains classroom activities which are linked to the curricula of each state and territory and are specifically designed for upper primary and lower secondary school students. The activities relate to Australia’s democratic beliefs, Australian citizen case studies and what it means to be an Australian citizen.

The Department of Immigration and Citizenship (DIAC) has been producing citizenship resources for schools since 2001. The updated school resource book coincides with the 60th anniversary of Australian citizenship.

Since the first citizenship ceremony in 1949, more than four million people from more than 200 countries have become Australian citizens.

Senator Evans launched the new school resource book with Hindmarsh MP Steve Georganas at the Plympton Primary School in Adelaide, where the Minister conducted a citizenship ceremony for a student and his father.

Zhenguo (Ken) Yang, 43, and his son Pengyu (Kevin), 11, from the People’s Republic of China, became Australian citizens after migrating to Australia in 2005. Mr Yang, a network engineer, came to Australia with his wife Qihong (Linda) Ling, who is studying nursing, to pursue better educational and career opportunities for the family.

‘I congratulate Mr Yang and his son Kevin on their decision to become Australian citizens,’ Mr Georganas said.

‘Citizenship represents a commitment to Australia and its people, the values we share and our common future. It also symbolises our sense of belonging to the country where we have been born or have decided to make our home.’

Source  :  http://www.minister.immi.gov.au/media/media-releases/2009/ce09100.htm

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alliedhealth4Skilled health professionals in the west of the UK are being given the chance to find out about a new life in Australia at the Down Under Live event in Cardiff. on the 11th July. 

There is currently a significant shortage of doctors, medical specialists and nurses in Australia, particularly in regional areas. One of Australia’s leading healthcare recruitment companies, HealthStaff Recruitment, will be coming from Australia to interview candidates for positions in Sydney, Brisbane, Adelaide and other cities.

Candidates will also be able to talk to a range of companies that will make the move possible, including migration agents, state governments, banks and shipping companies.

Tickets are free to any skilled professionals in the healthcare professions. For further information or to apply for tickets, go to www.emigrationseminars.com/cardiff.php

Source  :  www.australiamagazine.co.uk

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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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HOUSE prices could rise by as much as 22 per cent during the next three years, an economic forecaster says.   house price

”The conditions are ripe for a sustained recovery in residential property prices,” according to BIS Shrapnel’s Residential Property Prospects, 2009 to 2012, report.

”Low interest rates, solid growth in rents and housing shortages are evident in most markets.

”However, the current economic malaise will mean confidence will only recover slowly during 2009/10.”

BIS Shrapnel senior project manager and study author Angie Zigomanis said that, at this stage, all of the action was occurring at the lower-priced end of the market.

This is due to a surge in first-home buyer demand as a result of the federal government’s first home owner boost scheme and low interest rates, he said.

BIS Shrapnel forecasts there will be 180,000 first-home buyers in 2009.

Although first-home buyer demand was expected to ease after the expiry of the government’s boost scheme at the end of 2009, upgraders and investors were expected to take the baton, Mr Zigomanis said.

”We expect rising confidence in the prospects for an economic recovery in 2010, so investors are likely to return in greater numbers, attracted by increased rental returns and low interest rates.”

Among the state capitals, Sydney, Melbourne and Adelaide will show the strongest price growth over the next three years, at 19 per cent.

More moderate growth is expected in Brisbane, Hobart, and Canberra, while price growth in Perth and Darwin is expected to be weak as the local economies of these cities are impacted by a decline in investment spending in the resources sector.

BIS Shrapnel estimates Sydney’s median house price at June 2009 to be $530,000, and predicts it will rise by mid-2012 to $630,000. Melbourne’s current median house price is estimated at $425,000, rising to $507,000 by June 2012.

In Adelaide, the median price is estimated at $360,000 and predicted to climb to $430,000 over the three years.

Among other cities around Australia, Newcastle and Wollongong are expected to benefit from the migration of residents from Sydney over the coming years.

The median house price in Newcastle is expected to soar 22 per cent over the three years, while Wollongong is forecast to see growth of 20 per cent in the same period.

In Brisbane, the average house is estimated to cost $391,000 now and is expected to cost $455,000 by mid-2012, an increase of 16 per cent.

Hobart’s median house price is estimated to be $335,000 and will rise by 15 per cent to $385,000 over the three year period.

An average house in Canberra is estimated to cost $440,000, increasing to $515,000 by 2012, a rise of 17 per cent.

In Perth, the estimated median house price is $425,000, expected to reach $475,000 in three years, up 12 per cent.

Darwin’s forecast median house price is $470,000, predicted to show an increase of 11 per cent over the three years.

For the Gold Coast, the Sunshine Coast and Cairns, BIS Shrapnel forecasts prices will increase by 14 per cent, while Townsville prices are expected to grow 13 per cent over the three years.

Source  :  www.news.com.au

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