House prices rise leading into 2021

House prices are expected to rise further as we move into 2021, after rising nationally in November.

Property analysts are predicting prices will rise if Australian’s control over COVID-19 remains. 

While house prices are rising, apartment value in capital cities is declining due to a lack of international students.

 

Study finds young, struggling Australians don’t have access to mental health services

A study published in the Medical Journal of Australia on Monday found young Australians who took their own lives were usually disadvantaged males disengaged from work, study and mental health services.

Orygen researchers analysed coroner’s reports of 3,365 people aged 10 to 24 between 2006 to 2015 and found the rates of suicide has not significantly dropped. 

American company Modern seek emergency approval for 94.1 per cent effective vaccine

American biotechnology company Moderna is seeking emergency approval for its COVID-19 vaccine after reporting it is almost 100 percent effective in preventing severe cases. 

The company claims full results from a late-stage study show it was 94.1 percent effective against the disease, with no serious safety concerns.

NT has hottest November in 100 years

The Bureau of Meteorology says Northern Territory has experienced its hottest November in 100 years.

According to BOM, most places in central Australia saw their average temperatures grow by 3 degrees.

Rainfall was also below average throughout the territory due to a lack of cloud coverage.

 

Queensland 2020 budget released today

Queensland’s budget will be released today after being delayed due to COVID-19. 

This will be Queensland Treasurer Cameron Dick’s first state budget, and he’s saying there will be no surprises. 

He has not yet made a commitment about emergency tax relief for business as the state moves into a recovery period.