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A stalled QantasLink plane continues to cause headaches for crew at Rockhampton Airport five days after crashing during launch. Key points: The plane came to a standstill Monday night after passing through soft ground while gliding No one was injured and other airport services were not affected Qantas will bring special equipment to Rockhampton to pick up the plane A Qantas spokesman said flight QF1798, which was traveling to Rockhampton from Brisbane, landed normally on Monday evening. But while cruising at low speed into the parking lot, the pilot “accidentally steered the plane across soft ground and got stuck just before the terminal”, the spokesman said. Although the airline’s engineering team had made progress on what it described as a “smooth” operation, the plane remained stuck. The spokesman said the retrieval required special equipment that is not currently available at Rockhampton. “The wheels are on very soft ground and special equipment n...

Home prices are expected to rebound within a year in Australia’s smaller capital as Sydney and Melbourne’s values ​​plunged into double digits. The Reserve Bank of Australia is widely expected to continue raising interest rates in 2022 and early 2023 to tackle worst inflation in two decades, with more pain expected in August. Simon Pressley, founder and managing director of buyer agency Propertyology, said this would likely cause home prices in Sydney and Melbourne to fall by as much as 15 per cent by the middle of next year. ‘The days of high tide that lift all ships are sure to end,’ he said. ‘Weaker fundamentals in Sydney and Melbourne could potentially result in a 10 to 15 per cent drop in house prices from January 2022 to June 2023.’ Mr Pressley said the 2022 downturn in Australia’s two largest cities had echoes of 2017, when banking regulators tightened rules on interest-only and investor-only lending. This time around, Sydney and Melbourn...