Connect with us

Market Place

$10,000 to boost international students numbers in Ipswich

Published

on

USQ international students Samikshya Paudel and Nisha Thapa moved to Australia from Nepal to study nursing at the Ipswich campus. They are among a growing group of young people flocking to the city, new data shows.
USQ international students Samikshya Paudel and Nisha Thapa moved to Australia from Nepal to study nursing at the Ipswich campus. They are among a growing group of young people flocking to the city, new data shows.

A RED carpet will be rolled out for international students in a bid to entice youngsters to Ipswich.

The city has been successful in securing a $10,000 grant to better market the city on the international education stage.

International education is already the second biggest export for Queensland, worth about $4.37 billion to the state’s economy.

Ipswich MP Jennifer Howard said more people were visiting Ipswich than ever before.

“We also have some of the best education institutions in the country – it makes sense,” Ms Howard said.

“That’s why we’re investing in international education in Ipswich. We’re making sure Ipswich Regional Education Consortium has the funding it needs to grow our international education sector in years to come.”

Last year, a working group led by Ipswich City Council considered ways to continue driving growth in the international education sector.

The project was funded through the International Education and Training Partnership Fund which aims to encourage the sector to collaborate and work on innovative projects that position Queensland as a world class destination for international students.

Federal data for 2017 showed Ipswich’s international education market grew by 39.2 per cent with most of Ipswich’s international student enrolments coming from China and India.

University of Southern Queensland student Samikshya Paudel moved to Australia from Nepal in February 2017.

She’s in her second year of studying a bachelor of nursing at USQ Ipswich.

Samikshya said Australia offered a safe environment to study where people at her campus were friendly and the staff supportive.

“I chose to study nursing because it’s a good profession that you can learn every skill from communication to leadership,” Samikshya said, in June when new figures on international students were released.

“After university my plan is to return to my home country and apply the skills I have learnt at USQ to help people in my country.”

Today, Tourism Industry Development Minister and Ministerial Champion for International Education Kate Jones said the $10,000 in funding for Ipswich Regional Education Consortium was part of a wider Study Queensland campaign.

Ms Jones said Study Queensland’s ‘Start here. Go anywhere’ campaign was devised after months of market research to discover what motivates students to choose Queensland above other states.

“More students from across the globe are choosing to travel to Queensland every year and our international education industry has grown by around 12 per cent in the last year.

“But we know we can do more to support the student experience and ensure sustained growth in the future. This campaign is all about capitalising on our great foundation to increase our share of the international education market.

“International education currently supports around 19,000 jobs across the state. With this new campaign, we hope to grow this industry to support an extra 6800 jobs by 2026.

“That’s why we’re investing more than $25 million in this space to grow our international education sector.”

Source: www.qt.com.au

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Market Place

Queensland Attracts UK Property Seekers

Published

on

Queensland Attracts UK Property Seekers

Research by realestate.com.au showed that searches for property in Queensland climbed by nearly a third in December compared to the same period in the previous year. This was driven largely by British people who are flocking to one of the most populous states in the country, according to a report by news.com.au.

The study found that property searches originating from the UK increased 31%, with the Sunshine Coast suburbs of Noosa Heads, Buderim and Mooloolaba as popular picks among potential buyers.

New Farm, Redcliffe and North Lakes, meanwhile, topped the list of the most in-demand suburbs in Brisbane.

Nerida Conisbee, Realestate.com.au chief economist, said Queensland, specifically its beachside properties, held the top spot in terms of total search activity among UK property seekers.

“The Hemsworth impact seems to be impacting the view of Byron Bay with this the most searched by UK property seekers in December 2018 — the number tripling from December 2017,” she said.

Universal Buyers Agents Director Darren Piper said that the chaos surrounding Brexit in Britain was enticing overseas buyers to explore the Australian property market.

“House prices in London have fallen for the fifth quarter in a row. It’s natural for investors to look for safe havens in times of uncertainty,” he said.

Australia’s property market has consistently grown over the past decade, with homes in Sydney, Brisbane and Melbourne reaching record prices.

“It’s the perfect time for people to get their foot in the door and it’s a great time as a homeowner to explore your options, maybe make a move or stay the course,” said Piper.

 

Source: brisbaneinvestor.com.au

Continue Reading

Market Place

Where it’s cheaper to buy than rent: It’s Ipswich’s time to shine

Published

on

Where it’s cheaper to buy than rent It’s Ipswich’s time to shine

SHUT out of the Brisbane market? Don’t despair. You can still bag a bargain in Ipswich as it shakes off its stigma as the city’s poor cousin.

IT HAS played second fiddle to Brisbane for years, but finally, it is Ipswich’s time to shine.

Long regarded as the river city’s poor cousin, the “Switch” has shaken off its stigma and is forging a name for itself as the state’s property bargain capital — where you can get a house for less than your weekly rent.

New figures from realestate.com.au have revealed the suburbs across Queensland where it is now cheaper to buy than rent and eight of the top 20 are in the Ipswich growth corridor.

In Ebbw Vale, where the median house price is $248,500, it works out to be $386 cheaper to own a home in the suburb than to rent one.

cheaper to buy than rent

And in the burgeoning masterplanned community of Ripley, where it costs $1600 a month on average to rent of home, it only costs $1230 a month on average to own one.

It comes as Brisbane’s housing market has recorded its strongest annual rise in rents in three years.

After months of flat growth in rental properties, analysis of the latest CoreLogic data by realestate.com.au shows house rents increased 2.4 per cent in 2018, while the cost of leasing a unit became 2.6 per cent more expensive.

A rare combination of low interest rates, a rising population and fewer investors and new developments is starting to put upward pressure on rents in the sunshine state and industry experts say now is the time for long-term renters to buy.

Realestate.com.au chief economist Nerida Conisbee said the only way was up for rents in the city, as underlying demand in the Brisbane market began to absorb rental supply.

it’s cheaper to buy than rent

Ms Conisbee said she was surprised by the “sheer number of suburbs” in greater Brisbane where it was cheaper to buy than rent.

“There’s quite a large number of them,” she said.

“Now is actually a good time to look to buy because we are looking to see further increases in rental levels.

“The reason being we have fewer new developments going ahead and also fewer investors in the market.”

Caitlin and Bryn Williams decided to buy a home in Ripley when they realised they could pay about the same in loan repayments as they were in rent.

After previously renting in Ipswich, they bought a brand new, four-bedroom house for just over $350,000 in the Ecco Ripley estate, where stage one of the $1.5 billion Ripley Town Centre has just been completed.

“We’re happy not to be renting anymore,” Mrs Williams said.

“What we were paying in rent, we were paying off someone else’s mortgage.”

Where it’s cheaper to buy

Ripley is on track to become Australia’s biggest masterplanned community — home to 120,000 by 2041.

CoreLogic figures show the suburb’s median house price has grown by nearly 20 per cent in the past 12 months.

Mohammad Bassiri of Ray White Springfield Lakes said people were starting to realise it worked out cheaper or just as expensive to buy a home in the Ipswich region as it was to rent one.

Mr Bassiri said a friend of his recently moved from a rental at Springfield Lakes to buy a three-bedroom house at South Ripley for $320,000 because he realised the mortgage repayments were the same as his rent payments.

WHERE IT IS CHEAPER TO BUY THAN RENT IN QLD

Suburb Median house price Monthly loan repayment Monthly rent Difference

1. Lamb Island $110,000 $405 $997 $592

2. Macleay Island $182,000 $669 $1,192 $523

3. Russell Island $165,000 $607 $1,083 $476

4. Kilcoy $272,000 $1000 $1,452 $452

5. Mundoolun $576,000 $2,118 $2,548 $430

6. Laidley $237,500 $873 $1,300 $427

7. Woodford $327,250 $1,204 $1,603 $399

8. Plainland $375,000 $1,379 $1,768 $389

9. Ebbw Vale $248,500 $914 $1,300 $386

10. Ripley $335,000 $1,232 $1,603 $371

11. One Mile $242,500 $892 $1,257 $365

12. Blackstone $314,000 $1,155 $1,517 $362

13. Leichhardt $243,375 $895 $1,257 $362

14. Lowood $251,750 $926 $1,278 $352

15. Brendale $270,000 $993 $1,343 $350

16. Riverview $238,500 $877 $1,213 $336

17. Cedar Vale $498,000 $1,832 $2,167 $335

18. Goodna $310,500 $1,142 $1,473 $331

19. Loganholme $381,900 $1,405 $1,733 $328

20. Redbank $329,000 $1,210 $1,538 $328

(Source: Realestate.com.au)

Originally published as Where it’s cheaper to buy than rent

 

Source: news.com.au

Continue Reading

Market Place

Labor Unveils $6.6bn Affordable Housing Plan to Build 250,000 New Homes

Published

on

Labor Unveils $6.6bn Affordable Housing Plan

Labor has announced a ten-year plan to build 250,000 new homes across Australia, including 20,000 during its first term in government if it wins the election.

The $6.6 billion investment would see 250,000 new homes for low income and working families, key workers such as nurses, police, carers and teachers and women over 55, the fastest emerging group of Australians at risk of homelessness.

Subsidies of $8,500 per year would be offered to investors building new homes in return for cheaper rent for eligible tenants.

Opposition leader Bill Shorten unveiled the multibillion-dollar plan in his address yesterday at Labor’s three-day national conference in Adelaide.

“Building more affordable housing is infrastructure policy. It is cities policy. It is jobs and productivity policy,” he said.

The plan would see a family paying the national rental average save up to $92 each week.

“When you provide an affordable home for hard-working people, you give them the level playing-field and fair start they need,” he said.

Shorten said Labor would work with the states and territories, local councils, and community housing providers to make sure the rollout of homes were built “where they’re needed most” and would “go to the people who need them most”.

“Not foreign investors, nor international students.”

Affordable Housing Plan

 

The new homes would be accessible for all ages and for people with a disability, with Shorten describing the new homes as “more energy efficient, meaning lower power bills”, also offering a rental discount of 20 per cent.

Describing Labor as a “party of home ownership, and a party of affordable housing and community housing”, Shorten used the speech as an opportunity to call on industry super to “step up” and invest in affordable housing projects.

And of course, the opposition leader touched upon the hotly debated campaign election issue: negative gearing.

“This is a boost for renters and for the liveability of our growing suburbs… Alongside our plans to make negative gearing fairer, it will drive a boom in construction jobs and apprenticeships,” Shorten said.

A recent report published by the Australian Housing and Urban Research Institute (AHURI) found Australia needed to triple its social housing by 2036, faced with a shortfall of 433,000 social housing dwellings.

Labor Unveils $6.6bn Affordable Housing Plan to Build 250,000 New Homes

 

Property industry bodies welcome Labor’s announcement

Property Council chief executive Ken Morrison welcomed the incentives, but said they are “no substitute” for the supply of housing which is funded by 2.1 million property investors, “including those who access negative gearing”.

Housing affordability remains a critical issue for many Australians, an issue Morrison says is often overshadowed in the media by Melbourne and Sydney’s cooling markets.

“It makes sense to harness the investment capacity of the private sector to deliver affordable housing,” Morrison said.

“Labor’s incentives for investors to deliver affordable housing will make a contribution to meeting that need while also providing a boost to our construction industry, a key driver of economic activity.”

Planning schemes, land supply, and property taxes, which make up around 25 per cent of the cost of a new house are all part of the housing affordability mix, Morrison added, “there is no single ‘silver bullet’ solution”.

Urban Taskforce chief executive Chris Johnson said many different approaches are needed to tackle the hugely complex housing affordability issue.

“State and territory governments still have a responsibility to ensure that enough appropriately-zoned land is available in inner-ring suburbs to ensure sufficient housing supply,” Johnson said.

“Infrastructure levies must be kept under control to ensure that these do not add to the cost of housing production.”

 

Source: brisbaneinvestor.com.au

Continue Reading

Make your Super Work

smsf property investment smsf borrowing

Positive Cashflow Property

duplex designs, dual occupancy homes

Build a Property Portfolio

property investing property portfolio