Brisbane home values on track for strongest monthly rise in 5 yrs

first_imgHouses and apartment buildings are seen against the Brisbane CBD skyline. Image: AAP/Darren England.BRISBANE home values are on track to record their strongest monthly rise in five years, as the housing market recovery gathers steam, new figures reveal.Preliminary data released exclusively to The Courier-Mail by property analyst CoreLogic for the first 28 days of October reveal dwelling values in the Queensland capital have increased 0.8 per cent.That would be the best monthly result since 2014 and the fourth straight month of gains. RELATED: Worst over for Brisbane housing A subtle rise in home values is expected in Adelaide, while Perth values have continued to trend lower over the month to date.AMP Capital chief economist Shane Oliver said the boost from the federal election result, RBA rate cuts and the relaxation of the seven per cent mortgage rate serviceability test were driving a bounce in home buyer demand. The Reserve Bank of Australia is expected to cut interest rates again before the end of the year. Image: AAP/Dan Himbrechts.Mr Oliver said that was evident in the continuing rebound in auction clearance rates.Economists are still pencilling in another interest rate cut for November or December.The final home value index results for October will be released on Friday, November 1. Preliminary CoreLogic data reveals Brisbane home values are on track for a fourth straight month of gains. Photographer: Liam Kidston.It follows a 0.1 per cent increase in values in September, a 0.2 per cent rise in August and a 0.2 per cent in July.CoreLogic research director Tim Lawless said the recovery in Brisbane home values was being driven by strong population growth, housing affordability and a substantial slowdown in construction activity.“We can confidently say the (Brisbane) market is in a phase where values are rising,” Mr Lawless said.But Mr Lawless said he would like to see “a few months of consistently strong performance”.“Let’s keep in mind it’s only one month (of strong gains),” he said.“But it’s a hint the market’s starting to respond to all this stimulus.” CoreLogic research director Tim Lawless.Across the five major capital cities, the index is up 1.2 per cent over the first 28 days of this month — the fourth consecutive month of rises since house prices bottomed in June.Mr Lawless said the improved housing market conditions were becoming more geographically diverse, although Sydney and Melbourne continued to lead the growth trend.Sydney home values are on track to post 1.5 per cent growth for October, while Melbourne is shaping up to record a rise in values of 2.1 per cent.“Low interest rates and better access to credit are having a positive effect on growth conditions,” Mr Lawless said. More from newsParks and wildlife the new lust-haves post coronavirus11 hours agoNoosa’s best beachfront penthouse is about to hit the market11 hours agoThe housing market recovery continues to gather steam across Australia. Photographer: Liam Kidston. MORE: Rental vacancies tighten across Qldlast_img read more

Area Memorial Day Service guide

first_imgThank you to all veterans and their families for giving us the freedom that we all sometimes take for granted.  For more information contact Laura Huber at  (812) 212-5581. The St. Paul United Methodist Church Cemetery Inc. invites the public to the annual Memorial Day service on Monday, May 29 at 10 a.m. The church is three miles south of Sunman on State Road 101.The United Methodist Women will offer a roast beef dinner from 11 a.m. to 1 p.m. Carry-outs are $9, freewill offerings are welcome. For more information please call 812-932-2918.________________________________________________________________Batesville VFW Post 3183 and American Legion Prell-Bland Post 271 will honor veterans at six cemeteries and Liberty Park on May 29.Services will begin at the Holy Family Catholic Church Cemetery at 8 a.m. The group will then go to the St. Anthony Catolic Church at 8:30 a.m. At 9 a.m. a service will be held at the St. Mark’s Lutheran Church. St. John’s United Church of Christ in Huntersville will host a service at 9:30 a.m. At 10 a.m. a service will be held at the St. Louis Catholic Church in Batesville and at 10:30 a.m. a service will be held at the United Methodist Church. At 11 a.m. Reverend Stan Pondo from the St. Louis Catholic Church will hold a ceremony in the pavilion at Liberty Park in Batesville._______________________________________________________________________On Saturday, May 27 at 11:00 a.m., the Versailles American Legion will gather at the Post Home and then proceed to Cliff Hill Cemetery to place flags on the graves of all veterans. Anyone who would like to help is welcome. Members of the Versailles American Legion will meet at the Post Home on Sunday, May 28 at 9:00 a.m. where they will meet to schedule a series of honor activities at several local cemeteries commencing at 9:15 a.m. on Sunday.The group will begin at Elrod 9:15 a.m., Marble Corner 9:30 a.m., Tanglewood 9:45 a.m., Holton  10 a.m., New Marion 10:15 a.m., Shelby 10:30 a.m., Benham 10:45 a.m., Olean St. Paul’s 11 a.m., Olean St. Peter’s 11:15 a.m., Akers Friendship 11:30 a.m., Dewberry St. Paul’s Lutheran 11:45 a.m., Cross Plains 12:15 p.m., Salem 12:30 p.m., Westfork 1:00 p.m., Grandview Memorial Gardens 1:15 p.m.All veterans are encouraged to participate in the parade through town that begins in town at 10 a.m. on Memorial Day, Monday, May 29. Transportation will be provided from the legion to the cemetery. After the service there will be a march to the Ripley County Veterans Memorial for a service to honor veterans._____________________________________________________________________In Napoleon and Osgood:Commander Ed Schmidt of the William A. Gilland American Legion Post #267 in Osgood says their schedule of services at area cemeteries on Sunday, May 28 is as follows- St. John’s Catholic Cemetery, Osgood, at 7:45 a.m., Perseverance at 8 a.m., Delaware at 8:15 a.m., Mud Pike at 8:35 a.m., Finks at 9:00 a.m., Booker Napoleon at 9:20 a.m., County Line at 9:30 a.m., Napoleon Lutheran at 9:50 a.m., Napoleon Catholic at 10:10 a.m., Millhousen Catholic at 10:30 a.m., Flat Rock at 10:50 a.m., Hopewell at 11:10 a.m., Dabney at 11:20 a.m., Otter Creek at 11:40 a.m., Greendale at 11:50 a.m., and Manderley at 12:10 p.m._____________________________________________________________________In Milan:Members of American Legion Post #235, Milan, will begin at 10:30 a.m. Memorial Day at Pleasant Hill, Stringtown, 10:45 a.m., Cravens new section at 11 a.m., Col. Canfield Boone Daren Baker Park 11:30 a.m., Milan Flag, 11:45 a.m., Old Milan, 12 p.m., Old German Lutheran, 12:15 p.m., Prattsburg, 12:30 p.m., St. Paul’s – Stumpke’s Corner, 12:45 p.m., Pilgrim Home Church p.m., and Ripley Crossing at 1:20 p.m. Please meet at the American Legion by 10:00 a.m. The Ladies Auxiliary will serve lunch following the services.______________________________________________________________________In Sunman:Members of the Kenneth L. Diver Post #337 will begin observances Memorial Day at 7:45 a.m. Memorial start at St. John’s Lutheran at 8 a.m., Hubbles; 8:15 a.m. St. John’s Church of Christ, Penntown; 8:30 a.m. St. Stephens Lutheran – Spades, 8:45 a.m. St. Nicholas Catholic, 9:15 a.m. Little Memory Baptist, 9:30 a.m. Adams Lutheran; 9:45 a.m. St. Pius Catholic, 10:15 a.m. Zion Lutheran –Manchester, 10:30 a.m. St. Stephens Cemetery, 10:45 a.m. Seig Family Memorial and 11 a.m. St. Paul United Methodist.______________________________________________________________________In Greensburg Memorial Day is sponsored by the Welsh-Crawley-Kramer American Legion Post 129 at the South Park Cemetery beginning at 10 a.m. Monday, May, 29. The featured speaker will be Republican congressman from Indiana’s 6th District Luke Messer.____________________________________________________________________Monday, May 29 the St. Leon American Legion Post 464 will begin services with a 7:30 a.m. Mass All Saints Parish St. Joseph Campus. Cemetery services begin at the St. Joseph Cemetery at 8:30 a.m., 9 a.m. St. John Cemetery, Harrison, 9:30 a.m. St. Jacob, Blue Creek, 9:50 a.m. St. Peter, 10:10 a.m. Klemmes Corner north, 10:25 a.m. Southgate, 10:45 a.m. Cedar Grove Catholic, 11 a.m. Cedar Grove old cemetery. Around 11:10 a.m. refreshments will be served at the Cedar Grove Firehouse. Dinner and elections will be held American Legion post at noon.  Afternoon services include 2 p.m. at the Old Stone Church Ind. 46, 2:20 p.m. at  Mt. Pleasant, Logan Township and 3 p.m. Old Sunman Family Cemetery.For the Lawrenceburg/Greendale area, a Memorial Day parade will stage at the Dearborn County Courthouse, the parade begins at 10 a.m.  Services will be held at the Greendale Cemetery at 11 a.m.______________________________________________________________________In New Alsace the North Dearborn American Legion Post 452 will hold Memorial Day Services at the following Cemeteries on Monday, May 29.Ø  8:30 a.m.         East Fork (Guilford)Ø  9:00 a.m.         DoverØ  9:30 a.m.         YorkvilleØ  10:00 a.m.       New Alsace_______________________________________________________________________Family Time Adventures paddle board rental will give free rentals to all veterans this weekend.  May 26 – May 29, 2017.In an effort to give back to those who serve our country – Family Time Adventures will give a FREE paddle board rental to all Veterans who visit Mounds Beach in Brookville, IN this Memorial weekend.  We will be open from 1:00 – 5:00 pm Friday, Saturday, Sunday, and Monday (weather permitting).last_img read more

USC and DWP exploring new energy options

first_imgUSC’s energy contract with the Los Angeles Department of Water and Power expires at the end of the year, and both the university and DWP are looking for ways to produce more sustainable energy.USC has been under contract with DWP for 10 years, according to Matthew Oden, manager of the USC Sustainability Program, and that contract has prevented the school from implementing more sustainable practices.Once the contract is up, however, the school and DWP will likely work out a memorandum of understanding — a non-legally binding list of agreements outlining future projects and goals. DWP has been working on such agreements with many of its larger customers.“I think that’s a reflection of how rapidly the landscape in the energy climate world is evolving right now that DWP doesn’t want to take the risk of getting locked into 10-year contracts,” Oden said.The switch from contracts to MOUs would also allow USC to change the way it approaches energy consumption. Under its 10-year contract, USC has been required to get all of its energy from DWP and been unable to produce its own energy.“There’s been a lot of inquiries about why USC doesn’t have solar [power] on campus, and that’s the answer,” Oden said. “We haven’t been contractually been allowed to, and the bottom line of that is that it could be a good thing.”Oden said, however, that USC won’t implement the DWP’s Solar Incentive Program once the MOU is drafted. The program asks customers like USC to purchase solar panels to power their own property. Any energy not used by the customer flows back to the city’s power grid and the customer receives a rebate and federal tax credits. Oden said such a program does not fit USC’s needs.“We have energy efficiency projects that are cheaper and will reduce greenhouse gases more quickly,” Oden said. “Until we have all those done, it doesn’t make financial sense [to go solar] when we could be building large wind farms out in the desert.”Mark Gangi, an expert on sustainable design, said by focusing on energy efficient projects, USC can earn DWP rebates, which are offered for more than just use of solar panels, and can use the transition as a learning experience.“It’s a great opportunity to actually have students in a building that teaches them about what they are studying that has value beyond economic analysis,” he said.A Sept. 15 executive order signed by Gov. Arnold Schwarzenegger requires a statewide, 33 percent increase in renewable energy use by 2020. Oden said the order could be one reason why DWP plans to change the way it approaches its contracts.DWP hopes to use 20 percent renewable energy by 2010 and 40 percent by 2020, said DWP spokeswoman Carol Tucker. Under California’s Renewable Portfolio Standard, which provides regulations and benchmarks for the statewide switch to renewable energy, DWP would use hydropower, wind power, biomass energy and geothermal energy.To reach these benchmarks, DWP recently opened the largest municipally-owned wind farm in the country, located in Utah. Wind farms generate energy through turbines with spinning blades creating electricity and transmitting the power back to LA. DWP is also agreeing to other projects and transmission lines to transport power from places farther than LA, Tucker said.Although DWP is USC’s only source of energy, their new initiatives will not change the total amount of energy USC receives, Oden said.last_img read more