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The regional Victorian suburb where rents rose the least in five years
The regional Victorian suburb where rents rose the least in five years

Sydney Morning Herald

time4 hours ago

  • Business
  • Sydney Morning Herald

The regional Victorian suburb where rents rose the least in five years

On the outskirts of Greater Geelong, with its mix of owner-occupiers in new residential developments, university students in rooming houses and young families, Waurn Ponds has bucked the trend of out-of-reach rental rises. Waurn Ponds, bordered by several Geelong suburbs including Armstrong Creek, Grovedale and Highton, had the smallest five-year rent rise of any regional Victorian suburb, based on Domain data. Good news if you're a tenant, not so good if you're a landlord with an investment property. The median weekly asking rent for a house in the area is hovering at $500 a week, only 13.6 per cent higher than five years ago. Dr Nicola Powell, chief of research and economics at Domain, says the basis for the limited rental rise is largely due to an increase in new housing. 'Waurn Ponds, over recent years, has seen significant residential development and that has obviously increased the volume of new homes, and that in turn can also increase the volume of rental stock,' Powell says. 'When you look at the demographic, it's particularly popular among families and students because it's close to the hospital and Deakin University.' Suzi Gudasic, the head of property management at Buxton Geelong Group, says the majority of rental properties in Waurn Ponds are rooming houses, where rents are split across four or five people.

The regional Victorian suburb where rents rose the least in five years
The regional Victorian suburb where rents rose the least in five years

The Age

time4 hours ago

  • Business
  • The Age

The regional Victorian suburb where rents rose the least in five years

On the outskirts of Greater Geelong, with its mix of owner-occupiers in new residential developments, university students in rooming houses and young families, Waurn Ponds has bucked the trend of out-of-reach rental rises. Waurn Ponds, bordered by several Geelong suburbs including Armstrong Creek, Grovedale and Highton, had the smallest five-year rent rise of any regional Victorian suburb, based on Domain data. Good news if you're a tenant, not so good if you're a landlord with an investment property. The median weekly asking rent for a house in the area is hovering at $500 a week, only 13.6 per cent higher than five years ago. Dr Nicola Powell, chief of research and economics at Domain, says the basis for the limited rental rise is largely due to an increase in new housing. 'Waurn Ponds, over recent years, has seen significant residential development and that has obviously increased the volume of new homes, and that in turn can also increase the volume of rental stock,' Powell says. 'When you look at the demographic, it's particularly popular among families and students because it's close to the hospital and Deakin University.' Suzi Gudasic, the head of property management at Buxton Geelong Group, says the majority of rental properties in Waurn Ponds are rooming houses, where rents are split across four or five people.

Global Islamic politics expert says Israel's claims about Iranian nuclear weapon 'at odds' with intelligence reports as Netanyahu 'desperate' to involve Trump in war
Global Islamic politics expert says Israel's claims about Iranian nuclear weapon 'at odds' with intelligence reports as Netanyahu 'desperate' to involve Trump in war

Sky News AU

time11 hours ago

  • Politics
  • Sky News AU

Global Islamic politics expert says Israel's claims about Iranian nuclear weapon 'at odds' with intelligence reports as Netanyahu 'desperate' to involve Trump in war

An Australian global Islamic politics expert has urged the world to be "sceptical" of Israeli Prime Minister Benjamin Netanyahu claims after numerous intelligence reports concluded that Iran is not "close at all" to building a nuclear weapon. Professor Greg Barton from Deakin University told Sky News Netanyahu's strategy to close down Iran's nuclear program may not be as "clear cut and simple", as he would present it to be to President Donald Trump, in an attempt to persuade the US to join the Israeli assault. "I think that the way that Benjamin Netanyahu will sell it to Trump is that you just send in a couple of B2s over Fordow and it's done," Mr Barton told Sky News host Steve Price. "You've closed down the nuclear program and we're good. "But of course, it is not likely to be so clear cut and so simple." According to Axios, President Trump believes the US has leverage over Iran due to its bunker buster munitions – which Israel does not have – that are capable of destroying the Fordow nuclear enrichment facility that sits deep under a mountain. Mr Barton added the bunker buster bombs are unlikely to demolish Iran's nuclear program and could instead result in dangerous escalation of war in the Middle East. 'First of all, those B2 strikes with massive ordnance, penetrator bombs over Fordow, 90 metres underground, that likely wouldn't finish Iran's nuclear program,' he said. 'They'd probably scramble to take what they have left and actually move towards nuclear weapons. 'In the meantime, they're likely to strike out against US targets all around the Middle East and use their proxies to do so. 'So a very dangerous risk of escalation and a prolonged conflict.' When questioned about the validity of Netanyahu's claims about Iran's existential threat to Israel, Mr Barton said they were 'at odds' with other publicly available intelligence reports have said, including what Trump was briefed on by his own security adviser. Mr Barton highlighted Israel's remarkable capabilities at penetrating Iranian society and its defence apparatus, but noted other intelligence reports suggest 'Iran is some way off, it's not close at all' to building a nuclear weapon. 'It is possible they know something that no one else knows, but what all the other intelligence reports are saying is that Iran is some way off, it's not close at all,' he said. 'We can't know, we're sort of making a claim from Netanyahu who is desperate to involve Trump and America in this programme, and on balance you sort of want to be a bit sceptical about what he's saying for that reason.' Israel has been trading missiles with Iran since last Friday in an attempt to shut down any efforts of Tehran building an atomic weapon to wipe out the existence of the Jewish state. Netanyahu said the operations were to "strike the head of Iran's nuclear weaponisation program". White House press secretary Karoline Leavitt told a media briefing on Thursday, local time, she had been asked to pass on a 'direct quote' from President Trump on the possibility of US intervention in the Israel-Iran war. 'Based on the fact that there is a substantial chance of negotiations that may or may not take place with Iran in the near future, I will make my decision whether or not to go within the next two weeks,' she said, quoting the President. Ms Leavitt also urged sceptics of US involvement to 'trust' in President Trump's judgement, before emphasising his 'top priority' was to prevent Iran acquiring a nuclear weapon.

Deakin University GIFT City Campus, India, announced 'Winner' at Economic Times Education Excellence Awards 2025
Deakin University GIFT City Campus, India, announced 'Winner' at Economic Times Education Excellence Awards 2025

Business Standard

time13 hours ago

  • Business
  • Business Standard

Deakin University GIFT City Campus, India, announced 'Winner' at Economic Times Education Excellence Awards 2025

PRNewswire New Delhi [India], June 20: Deakin University is proud to announce that its GIFT City Campus in Gandhinagar, India, has been awarded 'Winner' in the category of 'Outstanding in Adopting NEP Strategies' at the prestigious Economic Times Education Excellence Awards 2025. The awards ceremony, held at The Leela Ambience Convention Hotel, New Delhi, brought together distinguished educational leaders from across the country. This milestone not only recognises the landmark India's first international branch campus initiative but also celebrates Deakin's three-decade legacy of deep engagement with India. Since becoming the first university to establish an office in India in 1994, Deakin has fostered enduring partnerships across India's academia, industry, and government, forging the path for this transformative new campus. Established in 2024, the campus represents a new model for higher education in India. It is globally benchmarked, digitally empowered, and deeply aligned with the transformative vision of India's National Education Policy (NEP) 2020. "It's an enormous privilege to be part of India's education transformation and support the Indian Government's NEP 2020 ambitions. Our Deakin GIFT City campus provides access to a world-class education for Indian students on their home soil, whilst building on Deakin's deep and longstanding connection and friendship with India. Being in the heart of GIFT City allows us to facilitate opportunities with key global industry tech and finance players," said Professor Iain Martin, Vice-Chancellor, Deakin University. Deakin's GIFT City Campus is the first international branch campus in India. Focused on preparing students for the rapidly advancing digital economy, it offers a vibrant atmosphere that includes cybersecurity laboratories and state-of-the-art digital classrooms. It also facilitates internship opportunities with onsite industry partners. "This is not just a win for Deakin, it's a win for the India-Australia education partnership," said Ravneet Pawha, Vice President (Global Engagement) and CEO (South Asia), Deakin University. "Our GIFT City Campus builds on years of meaningful collaboration and trust earned in India. It reflects Deakin's unique positioning to bring international education closer to Indian aspirations." The GIFT City campus currently offers postgraduate programs in Cybersecurity and Business Analytics, designed with Indian industry partners and delivered at the same standards as offered in Australia. Its first successful placement cycle concluded recently, with students securing paid internships and future roles at National Australia Bank's India Innovation Centre. Deakin's GIFT City Campus has been purpose-built for scalability and sustainability, both across its physical and academic structure. Powered by Deakin's award-winning advanced tech for education delivery model, students benefit from AI-powered learning platforms, virtual labs, and simulations, alongside holistic learner support systems and access-enabling scholarships. As a campus grounded in Deakin's philosophy of 'In India, With India, For India', this recognition affirms their role in helping India realise its NEP goals through globally relevant, locally delivered education. To know more about the Deakin University GIFT City Campus, please visit About Deakin University Established in 1974, Deakin is Australia's most progressive University with a focus on delivering outcomes that benefit the whole of society through exploring and developing great ideas. Deakin excels in both education and research globally and has more than 65 global partnerships. Deakin's South Asia operations commenced in 1994 at New Delhi, India, making it one of the first overseas education providers to set up operations in this region. Here, Deakin engages with the government, industry, and academia to share its vibrant education and research culture. Our strong global footprint allows us to connect with students and partners around the world through our presence in China, Europe, India, Indonesia, South and Central America, and Sri Lanka.

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