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Australian property market sails through Covid storm as workers reinvent life

Last modified on Fri 29 Jan 2021 20.20 EST Australian property prices are set to rise to record highs this year, driven by a heady cocktail of people seeking a post-Covid lifestyle change, ultra-low interest rates and recession-beating government stimulus, a slew of new data shows. Sydney has already seen the median house price hit a new record high, according to data from Domain, as inner-city residents seize the opportunity presented by increased working from home provisions to seek out their dream lifestyles in outer regions such as the Northern Beaches and the Blue Mountains. Julia Doyle, an agent at Cunninghams in Manly, said the double-digit rise in values in the past year was being driven by people wanting to relocate to the beach, low interest rates, and very limited stock.

Effort to scrap coal tax credits advancing in Virginia General Assembly

RICHMOND — On the heels of a critical report showing that Virginia’s controversial coal mine tax credits is generating economic losses for the commonwealth, Democrats in the General Assembly are advancing legislation to eliminate the program. Sen. Jeremy McPike of Prince William and Del. Sally Hudson of Charlottesville are carrying legislation to scrap the tax credits next January, and before that happens, a workgroup will convene to figure out how the coalfield region can effectively transition its economy away from its reliance on fossil fuels. “It seems these coal tax credits have outlived their purpose, and there are better ways to invest in the communities that have relied on them,” Hudson said.

Dunedin Railway Station: Activists lock themselves to tracks to block coal train

Dunedin Railway Station: Activists lock themselves to tracks to block coal train 27 Jan, 2021 10:30 PM 3 minutes to read Activists lock themselves to tracks to block coal train. Video / ODT Otago Daily Times Climate activists have locked themselves to the railway tracks at the Dunedin Railway Station, blocking a train transporting coal. There are about 15 activists from Extinction Rebellion at the protest this morning. About seven people are on the tracks and two of them are physically clipped onto the tracks wearing face masks that say no to coal . They have been here since about 6.30am. Several police officers are also at the scene.

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