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Hi, over there. He Monday, August 1st, and you’re reading The Loop, today’s news summary. One thing to know: Australian house prices are falling, and fast A new report from analytics firm CoreLogic has found that house prices in Australia are down at the fastest pace since the global financial crisis in 2008 and market conditions are “likely to worsen” as interest rates continue to rise. Data showed the country’s median property value fell 2 percent since early May to $747,182 (including homes and apartments). But the numbers vary depending on the location, so here’s a breakdown of what’s happening in the big cities: Property prices in Sydney, Melbourne and Hobart fell sharply in July. ( Core Logic ) Economists expect Australian house prices to fall between 12 and 20 percent after recently hitting record highs. Today we heard a lot about China’s influence in the Solomon Islands Big investigation by Four Corners has revealed details of how money from Beijing has helped keep the con

Bonza’s first plane has landed at Sunshine Coast Airport, landing a massive coup for our region. In one of the largest launch announcements in Australian aviation history, Sunshine Coast Airport was in February named the first Bonza base and headquarters location for the nation’s only independent airline. The arrival of the first plane, which left Seattle on July 29, flew to Honolulu on July 30 and then left Fiji Monday morning, marking an important milestone for the company and supporting the ongoing momentum with the regulatory process. It is the first Boeing 737 MAX based in Australia and will be part of a fleet of new and fuel-efficient aircraft. They will serve Australian travelers flying to an initial 17 destinations across 27 routes. Destinations that will soon be available to Coast residents are: (Queensland) Cairns, Townsville, Mackay, Whitsundays Coast, Rockhampton; (NSW) Port Coffs, Port Macquarie, Newcastle, Albury, Tamworth; (Victoria) Melbourne, Avalon and Mildura. Bonz

A Victorian perfumer has summed up the smell of Melbourne’s traffic after being challenged by ABC Radio Melbourne to stop its rush hour activity. Perfume Janelle Donnelly was asked to create the scent, named Eau D’ometer, after talking to a radio station about some of the city’s commuter scents. Donnelly says that he likes to go overboard, but he’s never been asked to limit the essence of traffic. “I think one of our favorite things as perfumers … is taking really left-handed concepts and turning them into fragrances,” she says. Janelle Donnelly told an outside broadcast how she created the scent. ( ABC Radio Melbourne: Zilla Gordon ) He hopes the finished product encapsulates “tears stuck in Melbourne traffic”. “We added a little more black pepper to give it that intensity, so it would be sharper and have more of a grating effect,” says Donnelly. The fragrance is built on geosmin, which gives the product an earthy scent that results after a rain, often referred to as petrichor. “A d

When Paulette Flint grew up in central Queensland in the 1960s, Ward Soft Drink and Eco-Friendly Factory was much more than a local institution. Key points: Wards Cordial Factory was an iconic Gladstone institution from the 1920s to 1980s The factory was closed due to high inflation and globalization in the 80s and the building was turned into a car rental agency Now the old factory will return to its original purpose, brewing various kinds of drinks “It was a treat,” he said. “We only get soft drinks at Christmas time or on special occasions. “We used to go to the factory and buy a box of soft drinks, which was 12 big bottles and you were allowed to choose different flavours. “Rockhampton has a brand, Brisbane has a brand, but Gladstone has a Ward’s. It’s ours and we think it’s the best ever.” Gladstone may be known today as an industrial hub, but before the industrial boom of the ’60s, it was one of the city’s leading companies. Ward’s also has factories in Biloela and Cracow and shi

With seven bedrooms and space for 14 cars, an upscale Townsville property has hit the market, but anyone moving will also call Australia’s first medical institution home. There are currently two modern kitchens and five bathrooms – one with a spa bath – but the property was originally built to study tropical diseases such as malaria and dengue fever in the early 1900s. The facility opened in 1913 before services were moved to Sydney in 1930. ( Provided: JCU ) James Cook University professor of public health and tropical medicine, Peter Leggat, spent 20 years working at the property known as the Australian Institute of Tropical Medicine. “It was the first medical institute in Australia, beating all the others in the whole of Australia … it was the first robbery … and it was amazing to set up in Townsville,” he said. This property has a kitchen on each level and two laundries. ( Provided: realestate.com.au ) Professor Leggat says the building’s constant need for improvement is far remo

success has dominated nominations for the Emmy Awards with 25 nominations, including one for Australia Sarah Snook . But it has a big rival for Best Drama in Squid Games , which was the first non-English series to compete for the top award on television. The Netflix hit garnered a total of 14 nominations. There are better hopes for Australia in the limited series category, with nominations for Murray Bartlett for White Lotus and Toni Collette for Ladder . But Jacqui Weaver who has been predicted as a potential guest star for yellow stone left behind. Ted Lasso dominates nominations in comedy category but could face stiff competition for some awards from dark comedy cast barry — creator Bill Hader has nominations in four separate categories. Here are the nominations: Best Drama Series Succession has been nominated for a total of 25 awards, including Best Drama. ( Provided: HBO ) Better Call Saul Euphoria Ozarks Termination Squid Games Stranger Things success yellow jacket Best