Monthly Archives: October 2010

Melbourne Cup Bet on Interest Rates

Despite the nation’s focus on cheerfully irresponsible Melbourne Cup betting, an interest rate rise on 2 November would likely disappoint even more than a beaten favourite. “It will be no surprise to see rates go up half an hour before the thoroughbreds put hoof to ground at Flemington Racecourse on Melbourne Cup day,“ says one [...] Continue reading

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Property Regulation – Keep It Short and Simple

The NSW Residential Tenancies Act 2010, passed already by Parliament but not yet enacted, has 227 legislative sections whereas the equivalent Acts in WA and the ACT have only 120 sections. The Real Estate Institute of NSW claims that over-regulation under the new Act will be detrimental to both the property market and the economy. [...] Continue reading

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How to Make Your First Purchase Less Scary

“Taking out and repaying a home loan need not be scary,” says Kristy Sheppard from Australia’s largest independently-owned mortgage broker, Mortgage Choice. “Mortgage stress can usually be avoided by setting a realistic budget from the beginning, factoring in interest rate rises, borrowing within your means, and avoiding unnecessary post-purchase debt,“ Ms Sheppard says. “All of [...] Continue reading

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Sunday In The Park Will Save Lives

The Southern Highlands Community Festival will have all the fun of a country fair and then some. There’ll be more than 150 market stalls as well as amusement rides for teens, interactive rides for the little ones, an animal farm, pony rides, face painting, airbrush tattooing, roving entertainment and helicopter joy flights. This will be [...] Continue reading

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Renters Between a Rock and a Hard Place

The majority of first time buyer hopefuls now in rented accommodation feel stuck in a rental rut – more than 50 per cent, according to the latest Bankwest/Mortgage and Finance Association Home Finance (MFAA) Home Finance Index. The MFAA index found that more than 23 per cent of first time buyers – a record number [...] Continue reading

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Turner Grabs Hockey Gold

Hometown hero Glenn Turner finished off India’s hopes for gold with a diving goal in our 8-0 rout of the home team in the gold medal final of the men’s hockey at Delhi’s Major Dhyan Chand National Stadium. Australia’s world champion men’s hockey team put on four goals to nil in 20 minutes of precision [...] Continue reading

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Build A Home, Win A Prize

If you are a property investor, builder, renovator, upgrader, or downsizer, Channel TEN’s new series From the Ground UP – airing from Saturday 23 October – promises to be both entertaining and enlightening. The program will follow the quest of four Aussie couples to each build a brand new home in a regional area, from [...] Continue reading

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Highland Hockey Hero

Highlands hockey hero Glenn Turner is well and truly on the scoreboard at the Commonwealth Games. The Bowral first grader scored Australia’s fourth goal in Sunday’s 7-0 defeat of Malaysia, as the World champions en route to the final of the men’s hockey competition in the 19th Commonwealth Games. Then on Tuesday, Turner again stood [...] Continue reading

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Community Makes Mark

Mark Bouris is best known as the founder of Wizard Home Loans. One of Australia’s most successful businessmen, he also featured on Channel Nine’s The Apprentice. At a speaking engagement at the Centennial Vineyards Supper Club last week, Mr Bouris reflected on his career and its beginnings in the Southern Highlands with his association with [...] Continue reading

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Southern Highlands Undermined

Australian mining company, Cockatoo Coal, looks set to approach landowners to explore for coal on their properties. The company, backed by South Korean steel giant POSCO, plans to exploit a 115-300 million tonne deposit near Sutton Forest. The community needs to band together to protect the Liverpool Plains against coal mining interests says, Peter Martin, [...] Continue reading

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