Every square metre of this Upper Mount Gravatt home was maximised

first_img44 Kempsie Rd, Upper Mount GravattA NEAR-NEW two-storey house at Upper Mount Gravatt sold for $922,500 under the hammer earlier this month.Ray White Mt Gravatt principal Grant Boman said the family home at 44 Kempsie Rd had generated a lot of interest because it was spacious and open despite being on a relatively small 405sq m block.The sellers designed the four-bedroom home, which was built in 2016, to make the most of the limited space availableMore from newsCrowd expected as mega estate goes under the hammer7 Aug 2020Hard work, resourcefulness and $17k bring old Ipswich home back to life20 Apr 2020“They used the space well,” Mr Boman said. He added that the bidding started at $750,000 at auction on February 10. 44 Kempsie Rd, Upper Mount Gravatt“There were 10 registered bidders at auction,” Mr Boman said.“A young couple ended up buying it. They sold a townhouse last year and are planning to start their own family.”He and the sellers were happy with the result because it was much more than they thought it would sell for.Mr Boman recently sold two new family homes in the area that attracted a similar price. He said family homes that were move-in ready often attracted lots of potential buyers because they were in such short supply.last_img read more

St Vincent reminds rich nations of unfulfilled pledges

first_img Sharing is caring! 13 Views   no discussions Share Share Tweetcenter_img NewsRegional St Vincent reminds rich nations of unfulfilled pledges by: – December 14, 2011 Share Camillo Gonsalves, Permanent Representative of St Vincent and the Grenadines to the United Nations. UN Photo/JC McIlwaineUNITED NATIONS — Rich countries must honour their pledges of development assistance to poorer nations, especially in the wake of the global economic crisis, said Vincentian Ambassador Camillo Gonsalves at the fifth United Nations high level dialogue on financing for development.Gonsalves, St Vincent and the Grenadines’ Permanent Representative to the United Nations, told the high-level dialogue that “[Official Development Assistance] is not charity. It is an investment in international peace and security, and it is a necessary counterweight, albeit an inadequate one, against systemic inequalities in global trade and capital flows that are fundamentally unbalanced and disadvantageous to many developing countries, particularly small states.”Since 1970, developed countries have been pledging to devote 0.7% of their national incomes to development assistance, said Gonsalves. Despite repeating that pledge in 2002, 2008 and 2009, rich nations delivered less than half of the promised assistance in 2010, according to Gonsalves.“Developing countries that have spoken today to highlight the massive shortfalls between [assistance] pledged and [assistance] delivered are neither blaming nor begging,” said Gonsalves. “We are simply reminding our partners of the longstanding commitments that they made, upon which we rely, and which we expect to be honored.” “It remains a constant source of amazement that many states can regularly conjure up billions of dollars to prosecute discretionary wars and unilateral military interventions, almost on a whim, while developmental assistance stagnates, falls short of commitments, and is subject to all forms of creative accounting or empty sloganeering that have no impact on the bottom lines of developing states,” said the ambassador.The Vincentian envoy also highlighted an “urgent” call for debt relief to be extended to the Caribbean Community (CARICOM). He pointed out that five CARICOM states have debt-to-GDP rations in excess of 100%, while another four exceed 70%. However, because of CARICOM states’ “middle-income” status, they were often excluded from debt-forgiveness schemes, a stance that Gonsalves called “shortsighted and ultimately counterproductive.”Providing negotiated debt-relief to CARICOM states “on a regional basis… is the morally correct, fiscally prudent, and developmentally logical approach to our region’s growing debt burdens,” said Gonsalves.Although the current high-level dialogue on financing for development is occurring in the shadow of the worst financial and economic depression in decades, the Vincentian diplomat stated flatly that the global meltdown “is not an excuse for failure to meet ODA commitments.” Citing the outcome of the 2009 United Nations high level conference on the world economic and financial crisis and its impact on development, which was co-chaired by St Vincent and the Grenadines, Gonsalves reminded delegates that the “consensus outcome of the UN conference on the crisis stressed that the crisis, in and of itself, necessitated urgent compliance with existing targets.”“In this time of global economic recession, the focus should not be on delaying or avoiding the implementation of FFD commitments, but rather on accelerating and strengthening those promises in the assistance of those who played no role in creating the crisis in the first place,” he said.At the same time, Gonsalves expressed appreciation for “the efforts of all of our development partners – particularly in these times of increased global economic instability.”However, despite gratitude for the assistance that his country and other developing states have received, Gonsalves stated that “the inescapable fact is that total ODA is far short of the required or promised minimums.” Paraphrasing Bob Marley’s hit song “Them Belly Full (But We Hungry),” Gonsalves said “the developmental pot may be cooking, but the food in it is not enough.”“Development costs money, and while many states have demonstrated an unerring ability to renege on their commitments to assist, our governments cannot renege on our own solemn commitments to the people-centered development and advancement of our populations,” he said.The fifth United Nations high level dialogue on financing for development was organised under the theme “The Monterrey Consensus and Doha Declaration on Financing for Development: status of implementation and tasks ahead.” The Monterrey Consensus was the outcome of a 2002 United Nations conference that took place in Monterrey, Mexico. The Monterrey Consensus was adopted by all countries as a blueprint for mobilising and utilising financing for development. The Doha Declaration on Financing for Development was a 2008 follow-up to the Monterrey Consensus, which sought to add greater detail to the broad areas of agreement that were arrived at in Monterrey.Caribbean News Nowlast_img read more