New house sales fall over 29pc as industry adapts to new normal

first_imgHIA believes Queensland’s drop in new homes sale could just be “timing issues”. Picture: Liam Kidston.QUEENSLAND has logged a massive 29.3 per cent monthly fall in new house sales, as residential building eases off 2016’s highs.The Housing Industry Association recorded the fall for June over the May figures, though the result was also 24.1 per cent lower than a year earlier. HIA senior economist Shane Garrett said Australia’s largest states were at their lowest level since October 2013, with national June home sales numbers down 6.9 per cent over May (-11.9 per cent down on June 2016). Free signup to The Courier-Mail’s Real Estate newsletter direct to your inbox More from newsMould, age, not enough to stop 17 bidders fighting for this home2 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor2 hours agoMr Garrett said the results supported HIA’s forecasts that new dwelling commencements would continue easing until late 2018.But he said the major states were coming off recent record peaks.“The fall in sales needs to be considered against the backdrop of residential building coming off a record peak of activity in 2016. We project that residential building will still be operating at a historically high level,” he said.The HIA new home sales report said Queensland’s June decline “could just be reflecting timing issues” given it was off “a similarly large increase in May”.The report said “the quarterly figures give a clearer picture” with the June quarter seeing detached house sales down 3 per cent over the March quarter, and having fallen 7 per cent over the same period in 2016.*Follow Sophie Foster on Twitter and Facebooklast_img read more

FIFA monitoring Ebola, Club World Cup goes ahead

first_imgPreparations for the Club World Cup in Morocco in December are continuing and there is currently no Ebola threat to cause it to be canceled or postponed, FIFA said Tuesday.”Should the situation change we will be in touch with the participating clubs accordingly,” FIFA said.The world soccer body said it is in contact with Moroccan authorities and is “constantly updating its position” with regard to Ebola on the advice of the World Health Organization.Morocco has no reported cases of the deadly virus that has killed nearly 5,000 people in West Africa, almost all in the three worst-affected countries of Liberia, Guinea and Sierra Leone.The Club World Cup, which will feature Champions League winner Real Madrid and South American champion San Lorenzo of Argentina, is scheduled for December 10-20.FIFA also said it agrees with the Confederation of African Football’s decision to move games out of Liberia, Guinea and Sierra Leone, but it didn’t comment on Morocco’s request for the African Cup of Nations in January and February to be postponed because of Ebola. Morocco has asked organizer CAF if the tournament can be delayed, fearing fans traveling in numbers from West Africa for the 16-nation, three-week tournament.CAF insists the African Cup must go ahead on the planned dates — January 17-February 8 — and will meet with Moroccan authorities early next month. Possible stand-in countries South Africa, Egypt and Sudan have all declined to host the tournament in Morocco’s place.last_img read more

Jets owner Woody Johnson investigated for alleged racist, sexist comments as UK ambassador, report says

first_imgMORE: Poll reveals majority of fans don’t believe football will happen in 2020Johnson allegedly made racist generalizations about Black men. His alleged sexist remarks were tied to talking about how women looked and dressed.Johnson issued a general denial on Twitter on Wednesday evening:I have followed the ethical rules and requirements of my office at all times. These false claims of insensitive remarks about race and gender are totally inconsistent with my longstanding record and values.— Ambassador Johnson (@USAmbUK) July 22, 2020When CNN asked him earlier about the allegations, Johnson didn’t deny them, and he concluded with an overarching statement about his service. “I greatly value the extraordinary work that each and every member of the team does to strengthen and deepen our vital alliance,” he told CNN. Johnson has served as UK ambassador since August 2017.Per CNN’s sources, here’s a more detailed account of Johnson’s alleged racism and sexism:— Being agitated about a Black History Month event in February 2018, to the point of questioning why Black leaders needed a separate month to celebrate Black history— Arguing that Black fathers not remaining with their families was the “real challenge”— Holding official embassy gatherings at old men-only London clubs, excluding female diplomats— Talking about how many pretty women were present at public events— Preferring female employees because they were cheaper and worked harder Another NFL owner is in trouble — this time for alleged remarks he made as United States ambassador to the United Kingdom under President Donald Trump.CNN reports that Woody Johnson, who co-owns the Jets with his brother Christopher, prompted an investigation by a State Department watchdog for allegedly making racist and sexist comments to staff members while in his diplomatic role. He also is being investigated for misusing his government position to help the president’s personal businesses, including pushing to move the British Open golf tournament to a Trump resort in Scotland. — Being agitated about “a feminist event” for International Women’s DayAfter The Washington Post report last week detailed sexual harassment accusations in the Washington NFL organization under Daniel Snyder, and with the league starting to better embrace social justice initiatives to fight systemic racism this offseason, this isn’t a good look.It’s notable that, after taking the ambassadorship, Woody Johnson removed himself from the Jets’ operations, with Christopher Johnson, the minority owner, now overseeing the organization as both the Jets’ chairman and CEO. But the NFL, as it should, is still paying close watch on what comes of the State Department probe.last_img read more