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No vacancy: Qld rental markets tighten as tenant demand rises

first_imgREIQ chief executive Antonia Mercorella. Photo: Claudia Baxter. The vacancy rate in Cairns has tightened to 1.3 per cent, according to the REIQ.Landlords also have the upper hand on the Fraser Coast, where the vacancy rate fell to 1.1 per cent during the quarter.More from newsParks and wildlife the new lust-haves post coronavirus13 hours agoNoosa’s best beachfront penthouse is about to hit the market13 hours agoBut the Townsville market was the biggest mover of the quarter. The vacancy rate there moved from a weak 4.3 per cent to a very tight 1.5 per cent in the first three months of the year. MORE: Property beats the gym any day An average three-bedroom house in Cairns is now $45 a week more expensive to lease than it was a year ago. Cityscape of the Cairns CBD. Picture: Brendan Radke.Gladstone’s rental market moved into the healthy range in the March quarter for the first time in six years, tightening from 4.2 per cent to 3.5 per cent.“This market has been gradually improving since it peaked at 11.3 per cent vacancies in March 2016,” Ms Mercorella said.“The inexorable downward trend has consistently suggested an improving market with rental supply and demand trends now the closest to intersecting in almost seven years.”The Greater Brisbane market remained steady at 2.2 per cent during the quarter, while the inner Brisbane market tightened significantly — from 4 per cent to 2.1 per cent. The no vacancy signs are going up fast as vacancy rates tighten across Queensland.QUEENSLAND is fast becoming a landlord’s market, with property investors in the box seat as vacancy rates continue to tighten. The regional markets are now home to some of the hardest places in the state to rent a property, with strong demand and limited supply pushing up rents, according to new figures from the Real Estate Institute of Queensland. The rental market in Cairns tightened to 1.3 per cent in the March quarter, with rents increasing by $10 to $15 a week. RELATED: Worst of downturn could be over Ms Mercorella said apartment oversupply in inner Brisbane peaked in the March quarter of 2017 when the vacancy rate reached 4.4 per cent. The outer Brisbane regions of Ipswich, Logan, Moreton Bay, and Redland are tight at a combined 2 per cent.Terry Ryder of Hotspotting said the Cairns, Townsville and Toowoomba markets were worth a look for would-be investors, along with Gladstone, which suffered a significant blow during the resources downturn.last_img read more

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GLDD Bags Corpus Christi Dredging Project

first_imgGreat Lakes Dredge & Dock Corporation (GLDD) has announced the receipt of a $93 million contract award for the Corpus Christi Ship Channel Improvement Project.According to GLDD, the dredging to deepen the entrance channel will begin during the second quarter of 2019 with completion expected in early 2020.The overall ship channel deepening effort will be comprised of multiple phases, expected to be competitively bid and worked over the next five years. The total estimated contract value of these projects is approximately $360 million.Lasse Petterson, Chief Executive Officer of Great Lakes, commented, “This complex deepening work is well suited to our proven experience in this type of project, including our expertise in minimizing the environmental impact of our projects on the natural habitats of the work areas.”David Simonelli, President Dredging, commented, “The Corpus Christi Ship Channel Improvement Project is an important win for the Company and begins the long awaited deepening cycle for the Port of Corpus Christi. Three additional contracts are planned to create much needed deep water access to the Port. Great Lakes’ dredging operations will utilize hopper and cutter suction dredges to excavate over 6.6 million cubic yards of dense sands and clays to a depth of 58 ft.”The Port of Corpus Christi is the largest crude export port in the United States and processes approximately 100 million tons each year. The Port’s impact on the United States economy exceeds $124 billion annually and the planned work on this channel over the next five years is expected to bring significant benefit to the United States, Texas and local economies.This deepening project will be a major step toward the United States’ objective of becoming a net exporter of its energy production. This project is sponsored by the U.S. Army Corps of Engineers, Galveston District, working in partnership with the Port of Corpus Christi to fund the work.last_img read more

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Chelsea flop joins Aston Villa on season-long loan

first_imgChelsea flop Danny Drinkwater has joined Aston Villa on loan until the end of the season. The former Leicester star, 29, was at Villa’s Bodymoor Heath training ground this morning completing his medical as boss Dean Smith looks to bolster his struggling squad. Drinkwater had been on loan at Burnley thought the first half of the season, but played just once in the Premier League. The midfielder was sent back to Stamford Bridge earlier this month. Smith said of the deal: “Danny was a key member of Leicester City’s title winning team and has represented England so he is a vastly experienced player. “He will strengthen our squad significantly.” Loading… Promoted ContentPlaying Games For Hours Can Do This To Your Body5 Of The World’s Most Unique Theme Parks10 Risky Jobs Some Women Do6 Extreme Facts About HurricanesWho Is The Most Powerful Woman On Earth?Which Country Is The Most Romantic In The World?5 Of The World’s Most Unique Theme ParksEver Thought Of Sleeping Next To Celebs? This Guy Will Show YouPortuguese Street Artist Creates Hyper-Realistic 3D GraffitiInsane 3D Spraying Skills Turn In Incredible Street Art8 Little-Known Facts About Ancient Egypt That Will Puzzle YouWho Earns More Than Ronaldo? It’s thought Aston Villa may be forced to pay Drinkwater’s full, £110,000-a-week wages, with the Blues adamant they won’t pay a penny. Villa are locked in a relegation dogfight and currently sit one point above the dropzone. Drinkwater’s season has been the worst of his career, plagued by injuries and off-field problems. Read Also:Chelsea flop undergoes Villa medical ahead of loan switch The England international suffered an injury after becoming involved in a fight on a boozy night out which has limited his impact with the Clarets. Chelsea chief Frank Lampard has already decided Drinkwater has no future in West London. The ex-England star is under contract at the Blues until 2022, after penning a five-year deal after joining the club from Leicester for £35million in 2017. FacebookTwitterWhatsAppEmail分享 last_img read more

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Annual Handbags For Hope Benefits Safe Passage

first_imgChurch On The Rock will host the 2nd annual “Handbags for Hope”auction at BMS Saturday.More Than 200 are expected to turn out Saturday, June 14, for the 2ND annual “Handbags for Hope,” silent-auction fundraising event for Safe Passage Inc. It again is being hosted by the women’s ministry of Church on the Rock.The fundraiser, which raised $5,000 last year for Safe Passage, is the first of its kind in this area and will feature new or gently-used, themed purses, baskets and totes filled with theme-related items and services. Each of these bags, donated by local shops and businesses, local individuals and members of the Women’s Ministry of COTR, will be available to be won at auction the day of this exciting event!“Handbags For Hope,” again will be at the Batesville Middle School commons, 201 N Mulberry St. Registration for the silent-bid auction will begin at 9:30 a.m and the silent-auction begins at 10:00 a.m.Two hundred and ten tickets are available for the event. The cost is $5 each and will include a salad luncheon.A not-for-profit organization, Safe Passage provides individualized case management services to help individuals achieve independence and security; we will assist you in obtaining housing, finding a job, attending school, etc. Safe Passage also provides counseling, support group, domestic violence education, referrals to services and life skills classes on various topics to help you become stronger.For more than 14 years, Safe Passage has continued to primarily serve residents in Dearborn, Franklin, Ohio, Ripley, and Switzerland counties.To make a donation to the auction, to purchase tickets for the even or for more information, contact Carla Thomas, event co-coordinator at (513) 256-8965 or the church at (812) 934-5192last_img read more

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Boxing legend ​Tyson was one of Rooney’s fans at Man Utd

first_imgWayne Rooney got advice from an unlikely source when he was a young player at Manchester United. “The table that had been reserved for the team was given to the Carrington training ground staff because the team was stuck in traffic after an away match. But on another table, there was Wayne’s wife, Coleen, and her family. “Mike had prepared a presentation for Wayne, but he presented it to Coleen’s brother – Wayne’s brother-in-law – instead. “Mike had a lot of respect and admiration for Wayne because he knew the pressure on his young shoulders at the time. read also:Mayweather will succeed as boxing’s trainer – Tyson “Although Wayne and the United team didn’t make it to the event, I introduced him to Mike in a restaurant in Manchester called Lounge Ten later that night. “This place has a high profile clientele and a pedigree of attracting the region’s celebrities including A-list sports stars. A friend of Wayne’s and Mike’s owned this restaurant who hosted a private intimate dinner for Mike – for only 100 people.” FacebookTwitterWhatsAppEmail分享 Promoted ContentEver Thought Of Sleeping Next To Celebs? This Guy Will Show You10 Risky Jobs Some Women DoWho Earns More Than Ronaldo?A Soviet Shot Put Thrower’s Record Hasn’t Been Beaten To This DayThe Very Last Bitcoin Will Be Mined Around 2140. Read More14 Hilarious Comics Made By Women You Need To Follow Right Now13 kids at weddings who just don’t give a hoot8 Shows You Didn’t Want To Watch At The End8 Weird Facts About Coffee That Will Surprise YouMacaulay Culkin’s Own Version Of The New ‘Home Alone’Can Playing Too Many Video Games Hurt Your Body?2020 Tattoo Trends: Here’s What You’ll See This Year The England star joined the Red Devils when he was still a teenager. And he got advice about the perils of getting such fame and fortune at a young age from American boxer Mike Tyson. That is according to Tyson’s old sparring partner Joe Egan. Egan told SunSport: “Wayne Rooney, in particular, was one of the stars Mike wanted to meet because he had so much admiration for Wayne. “So when Mike was over for an after-dinner speech in the UK about more than 15 years ago, in Manchester, I was with him.Advertisement Loading… last_img read more

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Moyes: Rooney comeback on track

first_img Press Association United have already turned down one bid from Chelsea for Rooney, although it is expected Jose Mourinho will be back with another long before the transfer window closes. Rooney did not do much to dampen down speculation over his future by heading to the south east for a round of golf at an exclusive course close to the Chelsea training ground at the weekend. Manchester United manager David Moyes has confirmed once more that Wayne Rooney is not for sale – and said the striker is on track to make his comeback in Sweden next month.center_img United’s stance regarding the 27-year-old has not changed, though. And with treatment on the hamstring injury that forced him out of United’s pre-season tour less than 24 hours after his arrival in Thailand almost a fortnight ago having the desired effect, the expectation remains that Rooney will be in Stockholm for the friendly against AIK Solna on August 6. “We have said and the club have said he is not for sale,” said Moyes after Tuesday’s friendly against Yokohama F Marinos. “That has not changed. I do expect Wayne to be in Stockholm. As far as I know he is coming on. “He has started light jogging and the feedback from the physios is that he is progressing so hopefully those dates will still be right when we get back.” last_img read more

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Badgers light up Phoenix with hot start

first_imgIn a game described as having no flow, the University of Wisconsin men’s basketball team was still able to cruise to a 79-62 win over in-state rival UW-Green Bay Wednesday.No. 9 Wisconsin (2-0) jumped out to a 22-4 lead over UW-Green Bay (0-2) early, riding a 14-point run in the first half.With a well-balanced inside-outside game in the half-court swing offense, the Badgers were able to take the Phoenix out of its run-and-gun transition style of play.”There was absolutely zero flow to that game,” UWGB head coach Tod Kowalczyk said.”We’re a team that needs to play in transition, and Wisconsin is just the opposite.”Wisconsin’s fast start was exactly what it wanted after letting teams hang around in games last year, including the game against UW-Green Bay last year in which the Phoenix actually led by one point in the second half.”Looking at last year’s game, Green Bay gave us a challenge,” UW senior forward Alando Tucker said. “So we wanted to definitely prove that we are the better team.”At times last year, we used to start out very slowly,” Tucker added. “That’s one of things we’ve made a conscious effort to do this year, making sure we have a fast start.”Despite Wisconsin’s hot start, the game was still a hard-fought battle as UW-Green Bay refused to go away. Down 45-29 going into halftime, the Phoenix came back out in second half with an added fire and cut the deficit to as little as 11 points. “They came out with a lot of energy in the second half,” UW senior guard Kammron Taylor said. “We just didn’t match their energy the first couple of minutes [of the second half], but we caught ourselves in time, and it was good we have experience on our team to be able to.”But in the end, the pace of the game held the Phoenix back.With 47 total fouls called, UWGB was never able to speed up the game as it would’ve liked.”Both teams were playing hard,” UW head coach Bo Ryan said. “We always say that every time these teams play each other, it is going to be a dog fight.”It is hard to get in the flow and get moving when both teams are battling toe-to-toe.”While UW-Green Bay’s leading scorer Ryan Evanochko poured in a game-high 19 points, he, too, struggled to get into the flow of things, shooting 9-for-22 from the field.Tucker led Wisconsin with 18 points with guards Taylor and Michael Flowers chipping in 12 each.Even though the slow, half-court tempo suited Wisconsin, UW-Green Bay managed to maintain a strong presence down low, out-rebounding the Badgers 40-33.Forward Mike Schachtner kept the Phoenix in the game, scoring 12 first-half points. Schachtner was able to open up the UW-Green Bay offense with his outside shooting, draining 2-of-3 three-pointers.”Mike Schachtner, I thought, played a very good basketball game, spacing the floor,” Kowalczyk said. “We tried to invert a little bit and get shots from the perimeter.”For Wisconsin’s Greg Stiemsma and UW-Green Bay’s Ryan Tillema, the Randolph High reunion was bitter-sweet as both got into foul trouble. Stiemsma only played four minutes with three fouls, and Tillema drew two quick fouls to take him out of the game early.Wednesday’s game against UW-Green Bay was the first of three in-state games for Wisconsin, with Marquette and UW-Milwaukee on schedule for early December, and it’s a rivalry Ryan believes will prepare the Badgers for Big Ten play.”The state competition has always helped us with Big Ten play,” Ryan said. “They are always physical and hard-fought games that are really competitive.”last_img read more

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Trojan athletic programs are in flux

first_imgUSC is entering a seminal period in its athletic history.That statement might sound like hyperbole. And I admit I have a tendency to be hyperbolic. But it is true. The next five years will tell us a lot about the USC athletic program.Consider this: In the 2013 calendar year, six of USC’s 19 head coaches left the school — more than 30 percent (USC has 21 athletic programs, but Jovan Vavic coaches both men’s and women’s water polo, and track and field has one head coach for both genders). Last January, men’s basketball coach Kevin O’Neill was “relieved of duties.” A month later, baseball coach Frank Cruz was “terminated.” Women’s basketball coach Michael Cooper “resigned” following the season in March. Legendary track and field coach Ron Allice retired in June. And as we all know, football coach Lane Kiffin was fired in September, as was women’s soccer coach Ali Khosroshahin in November.Officially speaking, that’s one retirement, four firings and one resignation, although I would not be the first to speculate that Cooper’s resignation was forced. Six new head coaches that athletic director Pat Haden and company hired over the span of 12 months. And though the rate of turnover is remarkable, what makes it especially significant is the high-profile sports affected.Football, men’s basketball and baseball are the three prominent athletic programs at this school. That’s not to say they are the best, but they do receive the most attention, with women’s hoops a clear fourth before the likes of volleyball, water polo and soccer. So those are USC’s four most prominent athletic programs, all in the midst of a firing and subsequent coaching change.And all of this comes among a major overhaul to USC’s athletic facilities — the John McKay Center’s construction, Heritage Hall’s refurbishment and the Uytengsu Aquatics Center’s creation, which will give water polo something more than a rec pool to compete in, have all come to fruition recently. On top of that, USC has added two brand new sports in the last two years in women’s lacrosse and sand volleyball, both entering their second seasons of play this spring.Very little about the most prominent aspects of the USC athletic program is the same as they were four or even two years ago. And who knows what the case will be in another half-decade — or possibly less? What will we say about the USC Trojans, football and otherwise, come 2018? What will we say about Pat Haden?Of course, it is much too early to speculate. The football team hasn’t even played a single game yet under new head coach Steve Sarkisian. Early returns on new women’s basketball coach Cynthia Cooper-Dyke are promising, but the jury is still out. New men’s basketball coach Andy Enfield is just trying to slog through a hopeless season with the mess of a roster he inherited before bringing in his own recruits. And though baseball had its worst season in decades in head coach Dan Hubbs’ first year at the helm in 2013, the consensus is that things will be very different at Dedeaux Field in 2014, where this season’s team has opened up the year 4-0.And yet, even by the end of 2014, what will any of us really know? Realistically, when can we make meaningful judgments about the direction of these  programs? On the flip side, how long is too long before deciding to pull the plug on a coach? Those are all impossible questions, but ones that USC will have to answer quite a few times in the years to come. Nick Burton is a senior majoring in broadcast and digital journalism. His column, “Any Given Saturday,” runs Thursdays, ironically. To comment on this story, visit dailytrojan.com or email Nick at burtonn@usc.edu.last_img read more

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Badgers not overlooking Beavers

first_imgHolding strong after a season-opening trouncing of University of Nevada-Las Vegas, the Wisconsin football team is looking for similar success against the Oregon State Beavers Saturday at Camp Randall Stadium.While the Badgers opened their season under the lights with a dominant 51-17 win over UNLV, Oregon State struggled against the Sacramento State Hornets and fell, 29-28.In light of the Beavers’ loss, the Badgers are bracing for a fired up OSU squad.“I expect them to be riled up for a [No. 8] Wisconsin Badger team, coming into Camp Randall, trying to quiet everybody down,” center Peter Konz said. “They’re still a Pac-12 team. They’re still the upset team that everybody talks about. We’re not forgetting anything about that.”“I expect them to be fired up,” wide receiver Jared Abbrederis said. “I think if I would lose a game, I would want to come out there and give everything I had in the next game. I feel like they’re going to come in here and be a new team. I think they’re going to show people who they really are and what they can do. We have to ready for them. They’re going to be a good opponent for us.”Instead of consistently focusing on what the other team is doing, Wisconsin is intent on focusing on their preparations the same way, week in and week out.“I like the way our guys have practiced all week,” head coach Bret Bielema said. “No matter if we’re playing Oregon State, Northern Illinois, after that South Dakota – I think our guys have really bought into it doesn’t matter what happens on the other side of the ball, it’s about what we do, how we prepare.”Last week, Wisconsin made a statement in a 51-17 win with 499 yards of total offense while only allowing 292 on defense.In light of the Week 1 performance, Wisconsin is pleased but knows there’s plenty to improve upon.“Just being more consistent, making plays when you’re called upon,” fullback Bradie Ewing said. “The penalty situation, we need to get figured out on the whole team, not just the offense.”While the Badgers couldn’t have had a better opening week, the Beavers could’ve hoped for something more positive.Starting eight true freshman, the Beavers looked for junior quarterback Ryan Katz as one solid form of veteran leadership. Instead, he led the team to a lackluster first half and headed into halftime down 14-3.In the second half, redshirt sophomore Sean Mannion stepped in under center and revitalized the Beavers, helping push the game into overtime.Oregon State head coach Mike Riley has confirmed he will continue using two quarterbacks this weekend in Madison.“We have to understand who’s in the game, but really, there wasn’t much change in their offense between the two when they’re in there,” Bielema said in reaction to preparing for the two. “I understand … both of them have stronger traits in certain areas, but both of them to me seem to be very accurate and both of them have good composure. Both of them can run a little bit if given the opportunity, so to me, it isn’t a lot of difference in preparation. Whoever is back there, we’re going to defend.”Regardless of Oregon State’s disappointing week one, Riley has been with the program for years and knows how to bounce back from tough losses, just like any coach.“He’s been there 10 years; they’ve won a lot of ball games,” Bielema said. “What they do isn’t going to change a lot. They’re going to come back and they’re going to try to be the most improved team in college football, and that should be our goal, too.”The Badgers will have some players back Saturday, with wide receiver Manasseh Garner playing on a limited basis and defensive end Brendan Kelly and linebacker A.J. Fenton both healthy again.Oregon State likely will also face Wisconsin without its most explosive player. Freshman standout running back Malcolm Agnew, who rushed for 223 yards last week, is doubtful with a pulled right hamstring.“It doesn’t really matter,” Ewing said. “We know they’re a good football team either way, and we’re preparing to be the best we can be. Whoever shows up here, we’re going to do the best we can, and we know they’re going to come out trying to fight their hardest, so we are too.”last_img read more

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Diversified Stars Group rides out first wave of COVID-19 headwinds

first_img StumbleUpon Share Submit Mirroring merger partner Flutter Entertainment, this morning The Stars Group Inc (TSG) has issued a trading update detailing that Q1 2020 revenue performance has been maintained despite facing COVID-19 disruptions.TSG has predicted that it will generate circa $735 million in group revenues for Q1 2020 trading, reflecting a 27% increase on Q1 2019’s $580 million.The TSX Group cited that a strong product mix and continued underlying growth across its UK (Sky Bet) and Australia (BetEasy) segments have helped the company deliver a robust opening to 2020 trading. Maintaining revenue growth, TSG anticipates delivering a group operating income of between $140-149 million.“We saw record revenues in the first quarter with 27% year-over-year growth and are continuing to see strong momentum into April, with strong growth in poker and gaming revenues helping to mitigate the cancellation of sporting events,” said Rafi Ashkenazi, Chief Executive Officer of The Stars Group.“With these encouraging trends, a well-diversified and cash-generative business, and our strong balance sheet, we believe that we remain well-positioned to navigate further headwinds related to the COVID-19 pandemic in 2020, and remain fully committed to our combination with Flutter, which we now expect to close in the second quarter and are confident will enhance and accelerate our growth strategy.” Detailing first insights into COVID-19 headwinds, which began to take shape in late March, TSG reported that it has seen strong take-up in its online casino and poker offering as its international segment (PokerStars) recorded a 44% revenue increase during the month’s trading.  TSG’s increased engagement in online poker and casino has carried into Q2, with early April revenues tracking at 33% higher compared to 2019 comparatives. Nevertheless, COVID-19 headwinds have primarily disrupted the momentum of its UK Sky Bet asset in which revenues are approximately 30% lower, as wagering declined by around 65%.TSG maintained its previous stance that COVID-19 impacts are ‘difficult to predict in actual scope’.At present, the firm said that should the international sports calendar continue to be postponed, this would reduce operating income by approximately £10 million to £15 million for Sky Bet and by up to AUS $10 million for BetEasy with no material negative impact on its Pokerstars segment.The lockdown period has seen TSG place a ‘core focus on safer gambling’, with the firm increasing resources and investment in player protections, while promoting its safer gambling tools such as setting deposit limits, using cool-off periods and using “reality checks” where available.Furthermore, TSG customer service and compliance teams have increased customer interactions with regards to monitoring play, behaviours, data patterns and setting mandatory deposit limits.“During these exceptional times, our top priority, however, is the health and safety of our employees and customers, which includes enhancing our responsible and safer gambling measures as well as ensuring that we provide our customers with all the help and support they may need,” added Ashkenazi. Share Related Articles ‘Deal maker’ Rafi Ashkenazi ends Flutter tenure  August 27, 2020 Tabcorp double burdened by covid and group impairment charges August 19, 2020 Flutter moves to refine merger benefits against 2020 trading realities August 27, 2020last_img read more

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