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TUESDAY 1ST NOVEMBER 2011
ADELAIDE’S soft housing market
may be turning the corner after
a slight rise in dwelling values
RP Data-Rismark’s Home Value
Index showed a 0.5 per cent rise
in September, although the sales
rise was not enough to halt an
overall 0.7 per cent decline for
Trends in other capital cities
suggest the Australian housing
market correction slowed in
Capital city home values had their
best result in 7 months, down just
- 0.2 per cent nationally.
“With home buyers budgeting on
2-3 rate hikes in 2011 that never
eventuated, the housing market
has... Read more
Busy brains may curb dementia
A LITTLE bit of what you like could go a long way to protecting
your brain from the effects of ageing.
While scientists are yet to work out why some people ward off
brain conditions like dementia as they age, experts believe the
answer could be as simple as keeping your brain active.
But that doesn’t mean rushing out and buying expensive
computer programs or dozens of Sudoku books.
International expert professor Yaakov Stern, of Columbia
University, says while there is no magic recipe, it appears
everyday experiences can play a huge role in reducing a person’s
chance of developing dementia.
His theory is based on the concept of cognitive reserve... Read more
THE Adelaide Symphony Orchestra has
reportedly approached international
architect Frank Gehry – builder of
Bilbao’s Guggenheim and the Walt
Disney Concert Hall in Los Angeles –
with a proposal to build a world-class
symphony hall in Adelaide.
The proposal was put to him by ASO
board member and former Adelaide
Festival director Anthony Steel,
according to a report today in The
Port U-turn to cost $6 million
THE State Government will pay almost $6 million
to end its agreement with the Newport Quays
Consortium after announcing fresh plans to
redevelop Port Adelaide.
Premier Jay Weatherill said the original plan to focus
on waterfront development had not delivered the
expected level of private investment and the new
master plan approach would encompass both the
waterfront and the town centre. Read more
ADELAIDE-BASED ATM seller and deployer
MyATM has responded to a formal query from
the Australian Stock Exchange regarding a
sudden jump in share trade volumes and prices
for the company.
The query, sent to MyATM on Friday, October
28, sought a reason for the activity.
“We have noted a change in the price of the
Company’s securities from a close of $0.028 on
Thursday 27 October, 2011 to an intra-day high
of $0.053 at the time of writing today.
“We have also noted an increase in the volume
of trading in the securities over this period.
“Is the Company aware of any information
concerning it that has not been announced
which, if known, could be an explanation for
recent trading in the securities of the Company,”
the Exchange’s letter asked.
falls level out
Mayor Gary Johanson: A rare opportunity.
Big four flush
A BIG rise in deposits has boosted
the coffers of Australian banks,
which will be under pressure to
pass on a predicted cut in the
Reserve Bank’s cash rate today.
The Treasurer’s office has phoned
the heads of each of the big banks
to pass on the wish of Treasurer
Wayne Swan that they pass on
any cut in full. Mr Swan is also
due to release today details of how
his bank-switching package will
work, including the “Key Facts”
document that will be given to
every person offered a loan from
January. Read the report on
MyATM trading query
mall’. Photo: A AP
Quake tours in
PEOPLE wanting to book for bus
trips through the “red zone” of
the earthquake-ravaged city of
Christchurch in New Zealand
have overloaded the phone
booking system - just half an
hour after it opened.
The bus trips, which begin on
Saturday, will be the first chance
for many locals and those from
further afield to... Read more
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