Latest news with #Canberrans
Sydney Morning Herald
27-05-2025
- Business
- Sydney Morning Herald
Who's the breadwinner? In Perth, it's probably your house
Perth is the only place in Australia where houses earned more than people, with average prices surging by $95,022 over the past year – climbing from $812,482 to $907,504. Ray White Group senior data analyst Atom Go Tian said Perth residents seemed to have the best of both worlds. 'Not only do they earn the second-highest annual income across the country, but their houses made the biggest gains in the last 12 months,' he said. 'Even Canberra with annual incomes of $93,351 couldn't match what Perth houses made.' Tian said in Adelaide it was neck and neck with both annual personal income and house price growth sitting at just over $63,000. Brisbane homeowners were just keeping their noses in front, earning roughly $2000 more than their houses appreciated. 'However, the gap widens from here with Melbourne and Canberra having the greatest disparity between personal income and house price growth,' he said. 'Melburnians made 5.5 times more than their properties, while Canberrans pulled in five times what their houses did.' At a suburb level Perth dominated the list of suburbs where houses earn more than people. Carabooda-Pinjar, which has a median house price of $1.58 million, recorded the largest difference between annual house price gain and income with a net positive increase of $95,272. It was closely followed by Nedlands-Dalkeith-Crawley ($93,000), City Beach ($80,514) and Claremont ($63,293). 'Even among Perth's strongest performers, house prices remain relatively accessible compared to Sydney and Melbourne,' Tian said.
The Age
27-05-2025
- Business
- The Age
Who's the breadwinner? In Perth, it's probably your house
Perth is the only place in Australia where houses earned more than people, with average prices surging by $95,022 over the past year – climbing from $812,482 to $907,504. Ray White Group senior data analyst Atom Go Tian said Perth residents seemed to have the best of both worlds. 'Not only do they earn the second-highest annual income across the country, but their houses made the biggest gains in the last 12 months,' he said. 'Even Canberra with annual incomes of $93,351 couldn't match what Perth houses made.' Tian said in Adelaide it was neck and neck with both annual personal income and house price growth sitting at just over $63,000. Brisbane homeowners were just keeping their noses in front, earning roughly $2000 more than their houses appreciated. 'However, the gap widens from here with Melbourne and Canberra having the greatest disparity between personal income and house price growth,' he said. 'Melburnians made 5.5 times more than their properties, while Canberrans pulled in five times what their houses did.' At a suburb level Perth dominated the list of suburbs where houses earn more than people. Carabooda-Pinjar, which has a median house price of $1.58 million, recorded the largest difference between annual house price gain and income with a net positive increase of $95,272. It was closely followed by Nedlands-Dalkeith-Crawley ($93,000), City Beach ($80,514) and Claremont ($63,293). 'Even among Perth's strongest performers, house prices remain relatively accessible compared to Sydney and Melbourne,' Tian said.
Canberra Times
22-05-2025
- Canberra Times
'It's ridiculous': Canberrans enraged over Fix My Street backlog
"It is ridiculous. You go on the ramp to reach the shops and find you can't get off. It was even harder when I was in a manual wheelchair and I would get caught at the end. My report on this with photographs hasn't been addressed," he said on his report, which is one of the 40,077 cases, lodged by Canberrans on Fix My Street in the financial year 2024-25.
ABC News
19-05-2025
- Business
- ABC News
Canberrans stressed amid stamp duty concession reviews
Canberrans have been receiving what they say are aggressive letters from the ACT Revenue Office after a review of their stamp duty concession. Debt support services say most people are trying to pay their debt off, where possible.
Otago Daily Times
03-05-2025
- Politics
- Otago Daily Times
Polls close on election day as Australians await winner
Polls have closed across eastern states and the count has begun to determine the make up of Australia's next federal parliament. After a five-week campaign, results will be soon be known for who will lead the nation for the next three years. Prime Minister Anthony Albanese will watch the vote count come in from Sydney, while Opposition Leader Peter Dutton will spend election night in his home city of Brisbane. Labor has been ahead in the polls throughout the campaign with a second term in office in their sights, but the coalition is hoping to defy history and claim a miracle win. A hung parliament, where neither party claim the 76 seats needed to form majority government, is also touted as a possibility on election night. Labor sent out text messages to voters during polling day about the Greens' decision to not preference Labor in the ultra-marginal Victorian seat of Deakin, held by the Liberals. "Preferences are critical in keeping Dutton out and this decision by Adam Bandt will put in jeopardy Labor forming government," the text message reads. In the nation's capital, Canberrans took advantage of the city's democratic heritage by voting at Old Parliament House. In Victoria, Kooyong MP Monique Ryan was being stopped by a journalist when a bird in a tree pooped on her. The Liberals are desperate to wrest the seat back from the teal independent, which was previously held by former treasurer Josh Frydenberg. At Mount Nelson Primary School in Hobart, a twist was added to the treats on offer in addition to the beloved democracy sausage. Jacqui Lambingtons, eClair Chandlers and Brown's Brownies have made cake stall appearances as part of the fun. Christine Palmer, a school parent managing the cake stall, said the kids had come up with the names. Creative cake stalls have popped up all around the country, including a sign in Sydney "Make Australia Bake Again" and the "Crumpet of Patriots". In Western Australia, which was crucial to delivering Mr Albanese his 2022 election win, independent MP Kate Chaney is fighting to hang onto her marginal seat of Curtin. Casting her vote at a primary school in Perth's wealthier suburbs, she said the attack ads had been "thicker, faster and more desperate". "The major parties are deeply threatened by the idea of a parliament that actually holds them to account," she told reporters. "The hardest part is probably this part, the constant media scrutiny and the personal attacks ... this is the reason more people don't want to go into politics." Mr Albanese is aiming to become the first prime minister since 2004 to win back-to-back elections, while Mr Dutton fights to overcome history as the first leader since 1931 to unseat a government after one term. Speaking at the MCG in Melbourne earlier on Saturday, the prime minister said Labor was after the "holy grail" of winning back-to-back elections. He did the rounds on morning TV, giving a number of interviews. Treasurer Jim Chalmers urged Australians to vote for stability in a period of global uncertainty. "We are so grateful for the opportunity that the people of Australia have given us and we seek another term with humility," he said. The final YouGov poll before election day shows Labor in the box seat to form majority government. The poll, provided to AAP, has Labor ahead 52.2 per cent to 47.8 per cent on a two-party preferred basis. Mr Albanese also leads Mr Dutton 51 per cent to 34 per cent as preferred prime minister. Labor went into election day with 78 seats, while the coalition had 57 in the 150-seat House of Representatives. By Andrew Brown
