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A 25-year-old man purchased a two-story house with a beautiful garden for over $300,000 referring to the early 1990s. Key points: Parts of Queensland saw property prices rise in July, contrary to national trends The Regional Australia Institute says housing affordability will keep much of Queensland more insulated from falling property prices than the city The Gold Coast and Sunshine Coast markets are the exception, registering accelerated declines in recent months But in outback Queensland towns like Longreach, it’s the norm. The Reserve Bank of Australia yesterday raised interest rates for the fourth month in a row, but Longreach resident Ben Galea said he was not stressed. “When it came time for my fixed rate to change … I didn’t have to change my lifestyle,” Galea said. “It’s a great city. It’s bustling. There’s a lot of young people here. There’s a lot to do, a lot of sports. It’s brilliant. “There are things we don’t have here. It takes money to fly back to shore. You don’t see f

The Tasmanian targa will continue in 2023 despite the deaths of four competitors in the past two years, but racing fans are already concerned the pace will be limited to the detriment of the event. Key points: Event boss says 2023 “might look a little different in the competition room” 2022 event changed from race format after driver’s death on day two Three race competitors killed during 2021 event, prompting rule change The future of Tasmania’s racing has been uncertain since Motorsport Australia froze all Targa-type rallies following the death of 59-year-old Brisbane driver Tony Seymour during this year’s event. Seymour died when his car left the road and hit an embankment. His wife survived the accident. The remainder of last year’s Targa was revised back to a touring format following Seymour’s death. Targa Tasmania’s chief executive Mark Perry has promised the iconic event will take place next April in an email to competitors, with next year’s race set to kick off in Hobart for t