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After nearly 30 years in business, Barb Moffat is considering closing the doors of his beloved bakery, as customers have stopped coming. “We have no, or almost no customers because they can’t park,” Moffat said. As COVID-19 restrictions ease in 2021, the main road in the central Queensland town of Gracemere returns to its normally busy highway. But in September, business owners said people had stopped shopping there because it was too difficult to park due to roadworks. “This is embarrassing… It’s just a nightmare,” said Moffat. “Parents can’t come, mostly every day there will be accidents. “We’ve suffered and suffered and I’m not the only one; FoodWorks, butchers, doctors, real estate … when will it stop?” Construction is ongoing to improve the Gracemere main road. ( ABC Capricornia: Rachel McGhee ) Construction is underway to upgrade Lawrie Road from two to four lanes, which is designed to reduce congestion and meet current and future traffic growth in Gracemere. The $44 million pro

You may remember that at first it seemed that COVID-19 was going to cause massive wealth destruction. The stock market fell and some warned of a potential fall in house prices by a third. Average household wealth did fall 3 percent in the March 2020 quarter when COVID-19 first hit, but this was only a decline, and asset prices quickly rebounded as the central bank cut interest rates to near zero and the government pumped in massive amounts of stimulus. . In general, the fact remains that wealth is still very unequal in the country, despite a slight decline in wealth inequality during the pandemic years. The report shows that despite a stagnation in early 2020, median household wealth then jumped 12 percent through December 2020, and 26 percent through December 2021. There’s no prize for guessing the biggest cause of this spike: housing, which drove 69 percent of the overall increase in wealth over the past three years. Most came from owner-occupied housing, which accounted for 55 per