Baffling Chinese Darwin port deal must be scuttled
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May 4, 2021 12.10am
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Credit:Fairfax Media
I am no military or defence expert, just an ordinary Australian who, like most of us, believe that the port of Darwin should never have been leased to a Chinese company (“Defence reviews Darwin port deal,” May 3). Nor do I believe that 50 per cent of the port of Newcastle should have been sold to Chinese interests. The potential national security risk that agencies have identified, combined with the many bans and the imposition of high tariffs on exports by the Chinese government, is already damaging many Australian lives. -
Sydney’s best breakfast delivery options this Mother’s Day
Amelia McGuire
Photo: Edwina Pickles
Mother s Day should be a time for Australia to express their gratitude to the women who mean most with meaningful gestures of appreciation. In reality, many are familiar with the cycle of intending to organise a grand declaration of love, forgetting, and quickly panic-buying a scented candle at the last minute because they couldn t get organised.
This year, try getting mum something that doesn t smell like vanilla and desperation.
One of the silver linings of the COVID-19 pandemic has been the sophistication of food delivery from restaurants and cafes. This year, it s all about brunch delivery, eradicating the need to drive wide-eyed to the nearest Westfield with the rest of Sydney on May 9.
Auction clearance rates dip as housing boom slows
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Auction clearance rates dipped slightly in Sydney and Melbourne over the past week in a sign that the record-breaking housing surge may be slowing.
In both capital cities, lower auction clearance rates were recorded even though there were fewer homes listed for sale compared with a week ago.
This two-bedroom apartment in St Leonards sold $161,000 above the reserve for $1.656m
Sydney recorded a preliminary auction clearance rate of 82.1 per cent across 777 auctions, compared with last week’s preliminary figure of 84.8 per cent, later revised down to 81.5 per cent, according to CoreLogic.
Making up for lost time: eight out of 10 homes sell
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Homebuyers are making up for lost time after the Easter break, smashing reserves and pushing preliminary clearance rates past 80 per cent even as overall auction listings rose across the country.
Nationally, 80.5 per cent of the 2448 homes listed for auction changed hands, a marginally stronger clearance rate from a larger volume of auctions than a week earlier, on CoreLogic’s preliminary results.
The 1950s era brick home at 2 Lambert Street in Cammeray sold for $3.1 million.
In Sydney, the clearance rate hit 84.8 per cent from 913 auctions listed. That result betters the previous week’s preliminary figure of 82.8 per cent from 821 auctions. The final tally was revised down to 81.4 per cent.
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