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Pet ownershipIt’s not just houses among gum trees on ¼ acre blocks under threat from the supposed death of the Australian Dream; a report shows man’s best friend is also victim to a shift in where and how we live.

Dog and cat ownership is down across Australia, according to a report from the Australian Companion Animal Council that found high-density living, changing lifestyles and government legislation to blame.

The ACAC paper found that in the past decade Australia’s dog population has decreased by at least 14per cent and its cat population has dropped by about 10 per cent, as latest figures from the Australian Bureau of Statistics shows a decline in the rate of home ownership and rise human population.

Queensland figures from the Office of Economic and Statistical Research reflected the national downturn in pet ownership, with dog ownership in the state falling by 2.1 per cent from 2008 to 2010 as cats dropped by 1.4per cent.

The ACAC paper found slightly more than half of the state’s households accommodated cats and/or dogs in 2010.

And though pooches were more popular than pussies overall, Brisbane was among the survey regions with the lowest proportion of households with dogs.

Speaking from the inaugural Putting Pets Back Into Our Lives thinktank in Sydney, ACAC president Kersti Seksel said the steady decline in pet ownership had brought a $6.02billion pet-care industry to its knees.

But it wasn’t just commerce at risk as communities without pets were worse off as well, Ms Seksel said.

“There’s been lots of research showing pets are not just good for an individual’s physical health and mental health – if you own a dog for instance, you’re less likely to be lonely and more likely to get physical exercise – but you’re also more likely to interact with your community,” she said.

“All pets are down, but we’re focusing particularly on a decline in cat and dog ownership because there’s a lot of research that demonstrates the valuable relationships they share with owners.”

Ms Seksel said the costs associated with maintaining pets, difficulty in finding care during holidays, time constraints and moving to rented accommodation, particularly apartments, were the most common reasons why people no longer included animals in their households.

“There’s a perception that renting or apartment living don’t work with owning a dog but that’s just not true,” she said.

“If you look at America, you see that dog ownership in small space is fine as long as you’re caring properly for the pet.”

A change in Australia’s favourite breed of dog reflected a shift to inner-city living Ms Seksel said, with the diminutive Maltese ousting the German Shepherd from the top spot that the larger dog enjoyed 10 years ago.

Ms Seksel said the 150 participants in today’s Putting Pets Back Into Our Lives conference, including the RSPCA, hoped to find suitable solutions to the problem.

“Whether it’s changing the laws and regulations around pet ownership or educating the public about finding the right pet for them, we want people to realise just how good owning a pet can be,” Ms Seksel said.

Story source: www.domain.com.au

Tags: news, ownership, pets, property, real estate, research

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Cold_Water_II_by_nAgLiMaNtAsAccording to the manufacturers cold water laundry detergents wash most clothes perfectly well. Most if us, however, still cling on to our mum’s advice about using warm water to wash our clothes.  However in the process we use up valuable energy and contribute to carbon emissions.  And remember, you don’t need a carbon tax to become more aware of CO2 emissions.

According to TreeHugger, a full 90 percent of the energy used in washing clothes goes toward heating the water, so it stands to reason that using less energy by washing in cold, unheated water would create significant environmental savings. But just how much difference are we really talking about?

The TreeHugger number crunchers came up with some pretty interesting results. It turns out that pressing the cold/cold button (instead of the hot/warm button) on your washing machine has the same impact as driving about 9 miles in a car or the production, transportation and storage of a six pack of beer.

It may not be too surprising that one load of laundry doesn’t make a huge amount of difference compared to, say, not eating meat or dairy. But, multiply those impacts by 392 — the number of laundry loads an average U.S. home washes in a year — and, all of the sudden, there are some real impacts.

Washing laundry in hot water is really wasteful
Washing every load on the hot/warm cycle (in a top loading machine and an electric water heater) for a year is equivalent to burning about 182 gallons of gasoline in a car; in an average (19.8 miles per gallon) car, that’ll get you around 3595 miles. So, wash in hot/warm, or drive almost 3600 miles — same difference.

Similarly, if you wash with the hot/cold cycle (in a top loading machine and an electric water heater), you’ll end up with 2407 pounds of CO2 per year — just over a metric ton — which is equal to about one US round-trip cross-country flight (6171 miles of long-haul flying).

Using a gas water heater is far more efficient
If you’ve got a gas water heater, the news is a little greener. You’re looking at 3.22 pounds of CO2 per load, which translates to just over 3 miles in a car; add that up over an average year’s worth of washing, and you’re looking at just over 1288 miles in a car or about 1262 pounds of CO2, or most of the way from New York City to London by airplane.

Using cold water can really net you some savings
When you use cold water to wash, you just use energy to run the machine — about .24 kWh — without using any energy to heat the water. That .24 kWh translates to about .41 pounds of CO2 per load, or about 162 pounds of CO2 per year. That’s about 8 gallons of gas, or 164 miles of driving. Compare that to the 3595 miles of driving that the top end of the emissions scale (washing in hot/warm, using a top-loading machine and water heated with an electric water heater), and pressing that cold/cold button starts to make a sizable difference.

Using an efficient Energy Star machine makes a big difference, too
Energy Star estimates that water savings range from 40 percent to 75 percent with front-loading washing machines, so their relative impact would be comparably less.

What does this all mean? Aside from being a great example of how little decisions add up to make a big difference, it shows how wasteful heating large quantities of water can be. Just selecting the “cold/cold” cycle has the potential to save as much CO2 emissions each year as thousands of miles driven in a car, or even an airplane flight or two.

For the full story click here

Story Source: www.yonderr.com.au

Tags: advice, cold water, eco, environment, washing

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Getting ready to sell

PPG_Blog_Sept_Article 6_Preparing for sale

When selling, a PPG real estate agent will discuss the benefits of different sales methods, the best way to advertise the property, and perhaps suggest improvements to maximise the selling price. We are fully equipped to assist in all of these areas.

Experience shows that vendors who invest in going that “extra mile” with presentation usually achieve a quicker sale and sometimes, a higher price. In a cautious market, the “wow” factor is more important than ever. You want to stand out from the crowd and attract as many interested buyers as possible. Your agent will assist with bringing buyers through your home, but you can help keep them there by investing in a few small improvements.

Here is a list of some of the tasks you may want to consider when preparing for sale. If your budget allows, you may want to consider help from professionals:

Home and Garden Maintenance – including weeding and rubbish removalHandyman services – re-hanging a door, replacing a window frame etcStyling – declutter, reposition, supply rental furniture and matching accessories

Engaging the services of a professional stylist is one way to ensure every aspect of your home’s presentation is considered. However, a property makeover is not for everyone. Time and finances may be limiting.

DIY weekends can be just as successful. For example, try to have all minor repairs done. Sticking doors and windows, loose door-knobs, faulty plumbing, peeling paint may affect a sale. Gates should open easily too and welcome prospective buyers. Clear the gutters, clean windows, screens, doors and awnings. Spread gravel on unsealed driveways and mulch on all garden beds. Sweep driveways and wash down patios. Remove clothes from the line and, if you have pets, hide their food bowls and ensure there are no lingering pet smells.

These small improvements can go a long way to assisting in the timely sale of a home and achieving the best price.

Tags: marketing, news, property, real estate, research, selling

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Get a PlantIt’s a little worrying to find out that for those who live in cities or in the suburbs the air inside our homes and offices is actually more polluted than outside.  But help is at hand – and it comes in the form of the trusty house plant.  A study being conducted at the University of Technology in Sydney has found that plants can reduce nasty greenhouse gas emissions.

Have a look at this recent article form the Sydney Morning Herald, written by Michael Green.

”According to the World Health Organisation, urban air pollution kills 2 to 3 million people around the globe every year,” says Professor Margaret Burchett, from the school of environment at University of Technology, Sydney. ”But the amazing thing is that our air is more polluted indoors than outside.”

While Australian cities aren’t among the world’s smog-ridden worst, our population is overwhelmingly metropolitan. Eight out of 10 of us live in urban areas, Professor Burchett says – and we spend nine out of every 10 hours indoors.

In addition to the fossil fuel emissions that blow in from outside, indoor air typically comprises extra carbon dioxide, thanks to gas appliances and our breath, together with elevated levels of air toxics – volatile organic compounds (VOCs) from glues and synthetic materials.

”Inside our homes we have lots of petroleum-based products such as plastics, carpets, furnishings and electronics that are ‘off-gassing’ toxics,” Professor Burchett says. These contaminants can cause health problems such as headaches, asthma, loss of concentration, wooziness and nausea.

But here’s the good news: we can freshen the air by bringing greenery into our buildings, places that Professor Burchett describes as ”the most arid environment on Earth”.

Her team has been researching the way vegetation improves indoor air quality. They’ve found that pot plants can reduce the presence of VOCs by three-quarters and diminish carbon dioxide levels by a quarter. ”Plants help clean the air, there’s no doubt about that,” she says.

When it comes to dispelling the VOCs, it doesn’t matter what kind of indoor plant you choose, so long as you take good care of it. To reduce carbon dioxide levels, however, the more lush the foliage, the better. ”The bacteria in the potting mix are what takes up the toxics,” she explains.

”The plant nourishes the bacteria, and the bacteria do the uptake. If you keep the plant healthy, it will keep its micro-organisms healthy and they’ll do the job – they’re the same bacteria that suck up oil spills, so this is just an entree for them.”

In her living room, Professor Burchett has four pot plants (she had six, but two died recently while she was travelling – such calamities even befall the experts).

Over and under-watering are the most common ways to kill them, so she recommends testing soil moisture with your finger or a chopstick. To avoid mould growth, make sure you remove dead leaves and flowers.

”Have as many plants as you can, keeping in mind their level of shade tolerance,” she suggests. ”Half a dozen will make a significant difference to your air quality and also to how you feel.”

Professor Burchett has been working with psychologists to study the well-being effects of plants in offices and schools.

”They lift the spirits,” she says. ”They’re good for us psychologically. We’ve found that students perform better on memory and creative thinking tests. In offices, we found that one plant made all the difference in reducing feelings of stress and hostility.”

“When we’ve got greenery around us, it relieves our tension and fatigue.”

Source: www.yonderr.com.au

Tags: carbon, carbon offset, environment, news, research, yonderr

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DomainFairfax Media’s real estate website Domain.com.au won the ‘Best Audience Migration to Mobile Technology’ category at the 2011 Australian Mobile Awards, held in Sydney last week.

This category recognises migration of an audience from traditional media to a mobile platform.

“Domain recognised the trend that people are gravitating towards using mobile devices, not desktops, to access information,” said Tony Blamey, general manager real estate, Fairfax Marketplaces.

“All of the mobile devices are unique with a focus on an interactive and highly visual environment to create the best user experience. They are not a replication of the website content.”

“The team has spent the past couple of years working tirelessly to deliver property apps to the market that further enhance the user experience when buying, selling, renting or renovating a property.”

Domain said one of the key features of its iPad app is its interactive map, which allows all properties in a specific area to be perused.

“The ‘around me’ GPS feature enables users to view detailed property information in a particular location including the sale price for recently sold properties and other property listings in the vicinity,” Domain said.

As reported earlier this month by Real Estate Business, Domain’s three smartphone apps across Windows 7, Apple and Android, recently surpassed the 500,000 downloads mark. In addition, the company said sixty-five thousand people have downloaded the iPad app since its launch last month.

“The company is constantly gaining feedback from the audience using its devices to make changes that further enhance their usability and applicability,” Mr Blamey said. “Work is already being undertaken on additional features.”

Tags: news, property, real estate, research, technology

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181275-rent-or-buyThere are times when you reach a crossroads in life – and property is often centre-stage.

Should you keep renting or buy your first home instead? Should you upgrade to a bigger home or stay put?

Should you borrow against your home to buy an investment property and when should you make your move?

Transition one: renting to buying. If you’ve been renting for a while and you’re trying to decide whether to buy, you need to consider a couple of key issues.

First, are you in a secure job? If you’re in a full-time permanent position, you’re much more likely to get a loan than if you’re in a contract or casual role.

If you believe there’s a chance of losing your job, it may be wise to hold off buying a home until the situation stabilises. If you are financially ready to buy then it’s vital to choose the right location.

Your first property is arguably the most important because, if you choose wisely, this asset is the one that will set you on your way to building substantial equity through capital growth.

Not all properties or locations grow at the same rate.

When affordability is a pressing concern, it’s far better to buy a smaller property in a high capital growth area, than a larger property in a lower capital growth area.

Present market conditions are ideal for cashed-up first-home buyers because there is very little heat in the market.

This allows buyers to take their time and wait for the right opportunity to arise.

Transition two: moving to your next home. There are two situations when you may need to move on to your next family home. The first is when you’re thinking of upgrading to a larger and more expensive home because you’re planning or expanding your family.

The market conditions are ideal for people who are looking to upgrade because although you may not maximise the sale price of your existing property you will benefit from any downward adjustment in price on the new purchase.

Because the value of the new property is greater, so will be the financial benefit to you.

The second situation is when your children have flown the coop and you need to downsize to a smaller and less expensive property.

In this case, it’s to your advantage to delay moving on until the market has moved into a strong growth phase.

Transition three: leveraging against your home to invest.

Before you consider buying an investment property, make sure your family home will be adequate for your lifestyle for another seven to 10 years or the full duration of a property cycle.

There’s no sense buying an investment property, then realising a couple of years later that you need to upgrade your family home. Very few people can afford to do both at the same time.

If your present home won’t last the distance, it’s probably better to upgrade to another home first, then buy an investment property later.

Mark Armstrong is an independent property analyst.

Source: www.domain.com.au

Tags: buy, investment, news, property, real estate, rent, research

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Tuesday’s Reserve Bank decision to keep the cash rate steady for a tenth successive month is cause for celebration, though a rate reduction would have resulted in more than half of all Australians with home loans building a bigger financial buffer against mortgage stress.

A national survey of 1,000+ homeowners and investors commissioned by Mortgage Choice and completed this week found 50% intend to contribute more to their home loan if interest rates fall over the coming months, rather than spend any additional funds. 7% will spend more but also save more by contributing extra to their home loan.

As for the remaining respondents:

30% will ‘save more money in some other way’6% will ‘spend more but also save more in some other way’4% will ‘spend more and save the same amount’

Only 4% will throw caution to the wind and spend more without saving any money at all.

Mortgage Choice spokesperson Kristy Sheppard said, “Sanity prevailed with September’s cash rate decision. It should lead to improved consumer and business confidence as spring moves in.

“A rate rise would have increased the financial strain on businesses within housing, manufacturing, retail and many other industries. Ongoing rate stability will hopefully see them move to steadier ground, to a position where they feel less pressure to cut employee hours or reduce staff numbers.

“Borrowers will be delighted with the decision, but obviously would have been much more relieved to see a rate drop. However, steady rates probably won’t result in most heading back to the shops.

“Our new national survey discovered only one in five of the 1,000-plus respondents, all of whom were mortgage holders, will spend more if interest rates drop. In fact, every second person will simply contribute all extra funds into their home loan.

“96% will save more money or the same as they have been if rates fall, which clearly demonstrates the mindset of today’s cautious consumer. De-leveraging while building a protective financial shield against tougher times is very much at the forefront of their decision making.

“Our findings also indicate current interest rates aren’t contributing to borrower stress as a number of commentators suggest. What they are doing is stopping the majority of mortgage holders from creating a bigger financial buffer via making extra repayments.”

For home loan tips, trends, facts, data and other information, visit MortgageChoice.com.au

Tags: economy, finance, mortgage, news, property, rates

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PPG_Blog_Sept_image 2_worlds most liveable cityIt’s official…again! The experts have declared what we all know to be true – Melbourne is the world’s most livable city.

Knocking Vancouver of its perch, the Economists Intelligence Unit’s latest livability survey places Melbourne in the number one position. It’s the first time in almost a decade of the global livability survey that Vancouver hasn’t ranked as the best place to live in the world. Melbourne shared first position with Vancouver in 2002 but finally snitched the top spot in its own right in the August 2011 survey.

The livability survey ranks a total of 140 locations as having the best or the worst living conditions, with each city scored on political and social stability, crime rates, access to quality health care, cultural events, the environment, education and the standard of infrastructure.

Melbourne scored 97.5%, ahead of Vienna on 97.4% and Vancouver on 97.3%. Sydney made it to sixth position in the latest ranking, up from seventh in the February survey, while Perth and Adelaide again shared eighth place. Low population density and crime rates make Australian cities attractive places to live despite the rising cost of living driven by the strong Australian dollar. The debt crisis in euro zone countries led to a slight fall in some European cities’ liveability rankings. Last place in the August survey however, went to Harare in Zimbabwe, which scored a depressing 38.2%.

Of course Melbournians don’t need an Intelligence Unit’s survey to tell them that they are living in the best city in the world!

Tags: city, investment, lifestyle, living, melbourne, property

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Home loan war underway

Home Loans WarA FRESH round is likely to begin in the mortgage price war with Commonwealth Bank pledging to beat any advertised rate among its three big rivals.

The pledge has hallmarks of the ”unbeatable” campaign launched by National Australia Bank in New Zealand, a move that spurred on home lending but crunched margins among banks.

The move has been timed with the spring sale season, traditionally the most active period in the Australian housing market.

Intense competition has already emerged among banks across fixed rate loans, with some starting to price fixed rates lower than variable rates.

But CBA’s push extends to both fixed and variable rates and will remain in place until the end of September. The move is expected to draw a swift response from rivals National Australia Bank, ANZ and Westpac.

CBA’s executive general manager of retail products, Michael Cant, said the move was aimed at providing borrowers with competitive home loan deals.

”Our guarantee to beat our major competitors means we’re putting our money where our mouth is,” Mr Cant said.

Sluggish global economic growth, worsening debt market problems, as well as doubts about the Australian outlook have sparked predictions of cuts to official cash rates.

Source: www.domain.com.au

Tags: banks, finance, home loans, interest rates, mortgage

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sydney CanberraRP Data – Rismark Home Value Index Release

While dwelling values in Australia’s combined capital cities declined by a seasonally adjusted (s.a.) 0.6% in the month of July, and regional markets fell by a similar 0.7% (s.a.), homes in Sydney (+0.1% s.a.), Darwin (+0.6% s.a.) and Canberra (+1.9% s.a.) managed to produce small capital gains.

Based on approximately 178,000 home sales over the year to July, the market-leading RP Data-Rismark Hedonic Home Value Index recorded a seasonally-adjusted fall of -0.6 per cent in capital city home values over the month of July (-0.9 per cent in raw terms).

Canberra (+1.9 per cent s.a.), Darwin (+0.6 per cent s.a.) and Sydney (+0.1 per cent s.a.) bucked the soft trend set by the other cities, which, led by Melbourne homes (down -1.4 per cent s.a.), all registered declines during July.

Over the first seven months of 2011, Australian capital city home values were down -3.4 per cent. According to RP Data research director Tim Lawless, this national result conceals wide divergences across the individual cities.

Mr Lawless pointed to the example of Melbourne homes, which after rising by a stunning 29 per cent over 2009 and 2010 had now corrected by -5.3 per cent in 2011. In contrast, dwelling values in Canberra had actually risen in value by 1.8 per cent over the course of 2011.

Over the 12 months to July 2011, Australian capital city home values are off -2.9 per cent. Mr Lawless said that it looks like a multi-speed housing market: Brisbane (-6.6 per cent), Perth (-6.3 per cent), and Melbourne (-4.3 per cent) have all experienced significant declines over the last year, whereas the 35 per cent of Australia’s capital city population that lives in Canberra (+1.9 per cent) and Sydney (+0.5 per cent) had realised capital gains.

According to Christopher Joye, Rismark International’s economist, “Over the last 11 years, Sydney home values increased by a modest 5.6 per cent per annum compared to an Australian capital city average of 7.8 per cent per annum. Sydney housing has massively underperformed Perth (10.4 per cent per annum), Brisbane (9.7 per cent per annum) and Melbourne (8.9 per cent per annum) housing over this period. After years of being the perennial laggard, Sydney housing now looks to be a relatively resilient store of wealth.”

Mr Joye added that Australia’s housing market could be at a crucial inflexion point.

“The financial markets are pricing in five rate cuts while leading economists from Goldman Sachs, Deutsche Bank, Westpac and Macquarie Bank all believe that the RBA’s next move will be down.

As the most interest rate sensitive sector of the economy, the housing market will be the chief beneficiary of any decision by the RBA to reduce the cost of debt. Indeed, borrowers are already benefiting from de facto rate cuts.

The inversion in the yield curve has seen many banks start to slash the cost of fixed-rate home loans. Today lenders like Members Equity Bank are offering 3 year, fixed-rate loans of just 6.35 per cent, which is well below the standard variable rate benchmark of 7.8 per cent.

And while the rhetoric coming out of the central bank of late has been conflicting, UBS believes that the Governor’s testimony to Parliament last week shifted the RBA to a ‘neutral’ stance,” Mr Joye said.

“If rates do remain on hold, or begin to fall, we would expect to see Australia’s housing market find a base and begin to generate capital gains again. If the RBA has really come to the end of its tightening cycle – which we would find surprising given the high core inflation revealed over the last six months – 2011-12 will likely be judged one of the best buying windows seen in quite some time. The turning point will arrive when otherwise hawkish Australian consumers accept the notion that rates are not going to inexorably increase,” Mr Joye said.

Mr Lawless said that the current weakness in housing market conditions is related to the ongoing anxiety consumers have about their future finances as reflected in the latest consumer confidence data.

“According to the August Westpac-Melbourne Institute Consumer Sentiment survey, Australians still expect two interest rate hikes over the next 12 months. Combined with volatile equity prices, global financial market instability, and soft house prices, Australians are understandably reluctant to make high commitment decisions at the moment,” Mr Lawless said.

Mr Lawless also highlighted the premium housing market where comparatively larger declines in value will likely present patient investors with attractive opportunities during the next six months.

“Dwelling values across the most expensive capital city suburbs are down -6.2 per cent over the first seven months of year. This compares with a much smaller -2.3 per cent fall across ‘middle priced suburbs’ and a -2.1 per cent decline in the cheapest suburbs. Clearly, the ongoing financial market volatility is having a more marked impact on wealthier households, as are weak business conditions outside of the resources sector,” Mr Lawless said.

Despite some improvements in selling times in previous months, the average number of days it takes to sell a home has increased in June and July. Other key leading indicators also imply that market conditions remain soft.

“The build up in the number of homes being advertised for sale together with the slow-down in buyer demand has once again seen average selling times expand. Across the capital cities the average house is taking 55 days to sell compared with 45 days at the same time last year. We have also seen the level of vendor discounting expand to -7.2 per cent from -5.7 per cent in July 2010, which is in line with the lowest reading recorded during 2008. Finally, the weighted average auction clearance rate across Australia’s capital cities has remained slightly below 50 per cent over the past seven weeks”.

“If these soft trends persist, the Spring Selling Season is likely to open up some attractive investment opportunities for prospective buyers. In contrast, the selling environment is likely to be challenging for vendors, particularly if they have unrealistic price expectations,” Mr Lawless said.

Source: RP Data

Tags: economy, housing, market, news, real estate, research

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