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    HOUSE MEDIAN ASKING PRICES AND WEEKLY CHANGE     Sydney $1,626,679 (+0.44%)       Melbourne $992,456 (-0.10%)       Brisbane $968,463 (-0.68%)       Adelaide $889,622 (+1.18%)       Perth $857,092 (+0.57%)       Hobart $754,345 (-0.49%)       Darwin $661,223 (-0.49%)       Canberra $1,005,502 (-0.28%)       National $1,046,021 (+0.17%)                UNIT MEDIAN ASKING PRICES AND WEEKLY CHANGE     Sydney $747,713 (-0.42%)       Melbourne $496,441 (+0.20%)       Brisbane $533,621 (+0.58%)       Adelaide $444,970 (-1.69%)       Perth $447,364 (+2.63%)       Hobart $527,592 (+1.28%)       Darwin $348,895 (-0.64%)       Canberra $508,328 (+4.40%)       National $529,453 (+0.63%)                HOUSES FOR SALE AND WEEKLY CHANGE     Sydney 10,090 (+30)       Melbourne 14,817 (-21)       Brisbane 7,885 (-45)       Adelaide 2,436 (-38)       Perth 6,371 (-16)       Hobart 1,340 (-9)       Darwin 235 (-2)       Canberra 961 (-27)       National 44,135 (-128)                UNITS FOR SALE AND WEEKLY CHANGE     Sydney 8,781 (+13)       Melbourne 8,195 (-49)       Brisbane 1,592 (-18)       Adelaide 423 (-4)       Perth 1,645 (+13)       Hobart 206 (+7)       Darwin 401 (+2)       Canberra 990 (+1)       National 22,233 (-35)                HOUSE MEDIAN ASKING RENTS AND WEEKLY CHANGE     Sydney $800 ($0)       Melbourne $600 ($0)       Brisbane $640 ($0)       Adelaide $600 ($0)       Perth $650 ($0)       Hobart $550 ($0)       Darwin $700 ($0)       Canberra $690 (+$10)       National $662 (+$1)                UNIT MEDIAN ASKING RENTS AND WEEKLY CHANGE     Sydney $760 (+$10)       Melbourne $580 (-$5)       Brisbane $630 (-$5)       Adelaide $495 ($0)       Perth $600 ($0)       Hobart $450 ($0)       Darwin $550 ($0)       Canberra $570 ($0)       National $592 (+$1)                HOUSES FOR RENT AND WEEKLY CHANGE     Sydney 5,419 (-30)       Melbourne 5,543 (+77)       Brisbane 3,938 (+95)       Adelaide 1,333 (+21)       Perth 2,147 (-8)       Hobart 388 (-10)       Darwin 99 (-3)       Canberra 582 (+3)       National 19,449 (+145)                UNITS FOR RENT AND WEEKLY CHANGE     Sydney 8,008 (+239)       Melbourne 4,950 (+135)       Brisbane 2,133 (+62)       Adelaide 376 (+20)       Perth 650 (+6)       Hobart 133 (-4)       Darwin 171 (-1)       Canberra 579 (+4)       National 17,000 (+461)                HOUSE ANNUAL GROSS YIELDS AND TREND         Sydney 2.56% (↓)     Melbourne 3.14% (↑)      Brisbane 3.44% (↑)        Adelaide 3.51% (↓)       Perth 3.94% (↓)     Hobart 3.79% (↑)      Darwin 5.50% (↑)      Canberra 3.57% (↑)      National 3.29% (↑)             UNIT ANNUAL GROSS YIELDS AND TREND       Sydney 5.29% (↑)        Melbourne 6.08% (↓)       Brisbane 6.14% (↓)     Adelaide 5.78% (↑)        Perth 6.97% (↓)       Hobart 4.44% (↓)     Darwin 8.20% (↑)        Canberra 5.83% (↓)       National 5.82% (↓)            HOUSE RENTAL VACANCY RATES AND TREND       Sydney 0.8% (↑)      Melbourne 0.7% (↑)      Brisbane 0.7% (↑)      Adelaide 0.4% (↑)      Perth 0.4% (↑)      Hobart 0.9% (↑)      Darwin 0.8% (↑)      Canberra 1.0% (↑)      National 0.7% (↑)             UNIT RENTAL VACANCY RATES AND TREND       Sydney 0.9% (↑)      Melbourne 1.1% (↑)      Brisbane 1.0% (↑)      Adelaide 0.5% (↑)      Perth 0.5% (↑)      Hobart 1.4% (↑)      Darwin 1.7% (↑)      Canberra 1.4% (↑)      National 1.1% (↑)             AVERAGE DAYS TO SELL HOUSES AND TREND       Sydney 31.1 (↑)      Melbourne 33.3 (↑)      Brisbane 32.4 (↑)      Adelaide 26.5 (↑)      Perth 36.1 (↑)      Hobart 32.7 (↑)        Darwin 33.3 (↓)     Canberra 32.4 (↑)      National 32.2 (↑)             AVERAGE DAYS TO SELL UNITS AND TREND       Sydney 31.7 (↑)      Melbourne 32.1 (↑)      Brisbane 31.5 (↑)        Adelaide 23.9 (↓)     Perth 41.0 (↑)        Hobart 34.0 (↓)       Darwin 44.6 (↓)     Canberra 43.1 (↑)      National 35.3 (↑)            
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Lighting the way for sustainable design

New Zealand’s best known furniture designer David Trubridge celebrates 20 years of his iconic pendant light

By Robyn Willis
Fri, Dec 22, 2023 7:00amGrey Clock 4 min

David Trubridge is not one for standing still.

Whether it’s finding his own path in seldom explored parts of the world, or reviewing the production processes of his internationally recognised lighting range, the English-born designer is, it would seem, in a constant state of movement.

That’s not to say he is always working.

For Trubridge, who has made his life in Aotearoa New Zealand, taking time to explore areas as diverse as Antarctica and Iceland through to Patagonia and remote parts of Australia, is about giving himself time just to be.

In Australia recently to celebrate the 20th anniversary of his emblematic Coral light at the Sydney Mondoluce store, as well as their affiliates in Brisbane and Hobart, he made time to take a hike through Tasmania.

“I need that ability to recharge,” he says. “I love to get right off the trail because when you stick to the path, there’s a safety factor where you know you will always find your way back. 

“I want to find my own course, and see where it leads me. That’s my design philosophy too.”

Trubridge likes to take the road less travelled to mentall recharge.

Trubridge’s path to success is the stuff of legend. A self-taught designer and furniture maker, he studied naval design and had already enjoyed professional success on a small scale while living in the UK, initially creating pieces of furniture for his family and smaller clients before expanding to commissions for significant sites such the Victoria & Albert Museum and St Mary’s Cathedral In Edinburgh. 

In the 1980s, Trubridge and his wife Linda decided to sell their house, buy a yacht and set sail with their two children, arriving in Aotearoa New Zealand in 1985. By 1988, he had exhibited at the National Furniture Exhibition at Auckland Museum. 

As his opportunities expanded, the Trubridges sold their yacht in the early 1990s, using the money to fund building their own home — and a studio for David. Local interest in their house was such that Trubridge went on to design a number of homes in the area.

The Coral pendant propelled Trubridge’s work onto the international stage.

Designs for more furniture followed, notably, the Body Raft bench, which Trubridge took to the Milan Furniture Fair in 2000, where it was picked up by Italian design powerhouse Capellini.

Interested in the applications of plywood but, Trubridge turned his attention to lighting, resulting in the Coral design. Again, Trubridge made the trip to Milan in 2004, where it was warmly received — and an ‘overnight success’ story was born. 

”I was a guy in a shed in the backyard when Capellini picked up the Body Raft bench,” he says. “The market for handmade furniture in New Zealand was very small and I was looking for a bigger market.”

Twenty years on, the Coral design has been joined by a range of biophilic pendant lights, including the Toru, the Navicula and the Kōura. All made from bamboo plywood and shipped out to clients in kit form to reduce the amount of packaging and space required, the lights are designed to be both sculptural and throw shadow patterns. 

The Navicula pendant is inspired by microscopic diatoms, a type of plankton, that produce half the air we breathe.

While the lights are highly successful commercially, it’s evident that Trubridge continues to strive for improvement, particularly in terms of environmental impacts. 

“The design process does not really change much for me,” he says. “It is more important for me where we source the materials,” he says. “A lot of the embodied energy you can’t recycle. I would like to source a new material that is of our land, that is compostable and recycled. I’ve been looking at New Zealand flax which is very fibrous, like hemp.”

In the meantime, he has eliminated almost all plastics from the production process in recent years and he is exploring energy efficient lighting options beyond LEDs. For every Toru light sold, $50 goes to Sustainable Coastlines, a New Zealand charity committed to keeping the country’s beaches clean and plastic free.

While there is still much work to be done in terms of sustainability, Trubridge is hopeful.

“There is an awful long way to go but the mood is there, I think. There will be some big changes,” he says.

“We are trying to achieve sustainability and we are working towards it. We are always trying to improve and do better. How can we supply the things that people need that have the least impact?”

Only time — and more work — will tell. 

 



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Household hostility is also rising, with 19 percent of Australians admitting they have argued with their partners about money, and a further one in 10 have argued with family and friends.

The Finder survey of 1,070 Australians reveals women are bearing the brunt of financial stress, with 62 percent reporting they have worried about money compared to 42 percent of men.

Younger Australians are struggling the most, with almost 7 in 10 Gen Z respondents reporting financial strain compared to 58 percent of Gen Xers and 24 percent of baby boomers.

The impact of cost-of-living pressures among different age groups and income levels is reflected in new data from the Australian Bureau of Statistics (ABS). The selected living cost indexes show employee households are under more strain from inflation, with the CPI measure for this population group at 6.5 percent today compared to the official overall CPI figure of just 3.6 percent.

The discrepancy is due to higher mortgage interest payments – which make up a higher proportion of expenditure for employee households — as well as an increase in primary and secondary school fees, and the indexation of tertiary education fees at the start of the year. The official CPI does not include mortgage payments, so the living cost indexes provide a more accurate picture of how rising interest rates are impacting households with mortgages today.

The inflation rate is much lower for older Australians, who have often paid off their mortgages. The inflation rate on living expenses for age pensioner households is below the official CPI level at 3.3 percent, and it’s only slightly higher at 3.4 percent for self-funded retirees.

Graham Cooke, head of consumer research at Finder, said that despite cooling inflation, Australians were still under significant financial pressure.

This can be seen in Finders Cost of Living Pressure Gauge, which has been hovering in the extreme range for the past year and a half, Mr Cooke said. The gauge returned a reading of 78 percent in March this year compared to 47 percent in March 2021, when inflation was 1.1 percent and the Reserve Bank’s official cash rate was 0.1 percent.

Interestingly, Australians’ cash savings are higher today than they were in 2021, likely reflecting stimulus payments received and saved during the pandemic. The Reserve Bank has cited pandemic savings as a factor in keeping mortgage arrears low despite much higher interest rates. The Finder research shows Australians have an average of $37,206 in cash savings today, up from $24,928 two years ago.

Money concerns can cause problems in your everyday life and snowball quickly if you don’t get them under control,” Mr Cooke said. Building financial resilience is as vital as ever as costs continue to rise. Pay close attention to where your money is going so you keep impulse spending to a minimum, and don’t overspend.

Australians appear to be heeding this advice, with the latest ABS retail figures showing seven straight quarters of declining per capita spending. “Per capita volumes show retail turnover after the effects of inflation and population growth have been accounted for,” explained Ben Dorber, ABS head of retail statistics. “Following an unprecedented seven straight falls, it is very clear how much consumers have pulled back on spending in response to cost of living pressures over the past two years.

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Just 55 minutes from Sydney, make this your creative getaway located in the majestic Hawkesbury region.

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This stylish family home combines a classic palette and finishes with a flexible floorplan

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