Author Archives: I Love Mudgee

Melbourne Cup events in Mudgee

It’s almost that time of year again – that first Tuesday of November where people all over Australia take a punt on the race that stops a nation.

While some people enjoy the Melbourne Cup for the fun of being able to pick their favourite horse and have a bit of a gamble, others just want to dress up, enjoy some good food with friends and crack open a bottle of champagne.

But it doesn’t matter why you want to enjoy the fun and festivities of this year’s Melbourne Cup because there will be plenty of events in Mudgee to take in all the action.

Gooree Park

Head to Gooree Park for a prestigious Melbourne Cup event. They will have a red carpet marquee, sweepstakes, thoroughbred parade, live entertainment, fashions on the field and a delectable 3 course lunch paired with Gooree Park wines.

Tickets cost $150 and you can find out more by visiting www.gooreepark.com or calling 6378 1800.

Mudgee Golf Club

The Mudgee Golf Club will be hosting a cool and casual Melbourne Cup event on Tuesday 7 November. For just $25 a ticket you can get 1 sweep ticket as well as a free drink and a tapas plate for 1. There will also be drinks specials on the day.

Bookings can be made by calling the club on 6372 1811.

Club Mudgee

Hedge your bets at Club Mudgee where there will be lunch specials available at the Bistro from 12 noon to 2pm.

The day will include race day favourites such as sweep tickets and “Fashions in the Club”, which will have prizes for best dressed lady, man or child.

There will be a courtesy bus operating from 10.30am with pick up and drop off available within the Mudgee town limits.  

Call 0428 994 543 to find out more.

Is there a chance of an interest rate cut?

While many economic experts have been forecasting an interest rate hike for 2017 or 2018, some believe there’s a higher probability that the next movement will be downwards.

According to Business Insider, Sally Auld, chief economist and head of Australia and New Zealand fixed income and FX strategy at JP Morgan, is of the belief that there is more chance that the RBA’s next movement will be down as opposed to up.

Auld is concerned about the strains on Australia’s household sector, one of the largest parts of the Australian economy.

Australians are already facing a tough time with house price growth, rising utility prices and flat wage growth and an interest rate hike would add to that burden.

Given the concerns the economy is currently facing, Auld says that while JP Morgan predicts that the cash rate will remain at its current level of 1.5 per cent for the foreseeable future, “we still view rate cuts as more likely than rate hikes”.

Auld’s views seem to be supported by the minutes from the RBA’s October board meeting where it was noted that local economic data provided little data to support a rate rise any time soon.

The board noted that while there had been a pick-up in GDP figures, one of the biggest reasons to raise interest rates – growing house prices – had begun to slowdown, particularly in the bustling Sydney market.

Another reason why the board may have turned to an interest rate hike was pressure from interest rate rises seen in other developed countries, however the latest minutes report noted that this will have little to no influence on domestic interest rates.

While nobody knows for certain what the next interest rate movement will be, it is looking likely that they will remain on hold for a while longer at least, taking some of the pressure off of mortgage holders who may have been worried about an impending rise.

The official cash rate has been on hold at the historic low of 1.5 per cent since August last year and it’s looking likely that it will remain there at next week’s RBA meeting.

 

Sources:

https://www.businessinsider.com.au/australian-interest-rates-jp-morgan-rba-forecast-2017-10

https://www.mybusiness.com.au/growth/3541-interest-rates-on-hold-for-foreseeable-future?utm_source=MyBusiness&utm_campaign=18_10_17&utm_medium=email&utm_content=2

https://www.rba.gov.au/monetary-policy/rba-board-minutes/2017/2017-10-03.html

Catch the last days of the Rylstone Wood Sculpture Symposium

If you haven’t already, head to Rylstone this week and witness sculptors from around the world putting their skills to the test at the 2017 Rylstone Wood Sculpture Symposium.

Running until this Saturday 28 October, the Wood Sculpture Symposium sees 10 artists create sculptures that are ultimately destined for permanent public display at various locations throughout the Mudgee region. 

Each artist brings with them a unique tool bag and skill-set with which to tackle the objective of creating a provocative, beautiful work from a 2.4m hunk of ribbon gum over the 10 days of the event. 

The masterpieces are based on concept drawings submitted to a selection panel that included curators from Bathurst Gallery, Orana Arts and Western Plains Cultural Centre.

Some of the works may be site specific and will be placed in areas around the region where they will be the perfect fit for the space that have been designed for.

The event is a great investment in art in the region and it is open to the public from 9am to 5pm each day until Saturday (except around lunchtime from 1-2pm) at the Rylstone Showground.

The works should be mostly finished by Saturday so if you’re already in town for the Rylstone StreetFeast make sure that you stop in and check it out and see the amazing masterpieces created by these talented sculptors.

To follow the progress of the sculptures so far visit https://www.facebook.com/rylstonesculptures/.

Rylstone to put on a feast this Saturday

Locals and visitors alike will be heading to the main street of Rylstone this Saturday 28 October to eat, drink and enjoy the town’s annual StreetFeast festival.

Being one of Rylstone’s premier events, you can count on StreetFeast to be packed full of things to see, do and taste. 

Shops and eateries on Louee Street will be opening their doors and helping create one big party atmosphere. There will be a diverse range of local food, produce, wine, art and craftwork on offer as well a street market and buskers providing live entertainment from 10am on the day.

Head along in the afternoon to enjoy live music from the centre stage.

Children are most welcome to enjoy the celebrations too, with lots of stalls, displays, and activities to keep them entertained, including a jumping castle and face painting.

One of the highlights of StreetFeast is its four course long lunch but don’t despair if you don’t have tickets because you will be able to find plenty of places to enjoy a delicious meal from one of the area’s local cafes and hotels.

In addition to all of the daytime festivities in the main street this Saturday, there is likely to be live entertainment in the pubs and clubs until late, so you may want to grab a room and party on into the night.

The Rylstone StreetFeast is sure to make for a great day out. To find out more head to www.rylstonestreetfeast.com.au.

 

Image via http://www.rylstonestreetfeast.com.au/

Strong growth in first home buyer lending in August

First home buyers are flooding back into the market with a 17. 2 per cent rise in housing commitments for the month according to the Australian Bureau of Statistics’ (ABS) August 2017 housing finance data.

These latest figures are the highest that have been seen since 2013 and it’s very likely that they have been helped along by stamp duty changes in both NSW and Victoria, where larger increases where seen than in other states and territories.

As of July this year first home buyers in NSW and Victoria were able to take advantage of stamp duty exemptions for properties under $650,000 and $600,000 respectively and pay reduced duty for properties up to $800,000 and $750,000.

Lenders making a comeback too 

First home buyers weren’t the only group to see a rise in August with investor lending also seeing a surprise recovery despite the best efforts of the Australian Prudential Regulation Authority.

The value of investor lending rose by 4.3 per cent in August, surpassing the 0.9 per cent rise in owner-occupier lending.

. All in all lenders approved a massive $33.9 billion in housing loans in August, an increase of 2.1 per cent since July, showing that the great Australian dream of buying a home is still alive and well for many.

 Key findings from the ABS August housing finance data include:

  • Total dwellings approvals increased by 2.1 per cent.
  • The value of owner-occupied lending increased by 0.9 per cent.
  • The value of investor lending increased by 4.3 per cent.
  • The value of first home buyer lending increased by 17.2 per cent.
  • The average loan size for first home buyers fell $900 to $369,600.
  • Construction finance dropped by 2.4 per cent in August, however it experienced a 4 per cent rise in July.
  • Lending for new dwellings for owner-occupiers rose 1.5 per cent.

Where to trick or treat in Mudgee this year

The spookiest time of year is upon us again and if you’re like the many in Mudgee who are looking for ways to get into the Halloween spirit, there will be a few opportunities to dress up and go trick or treating.

Mudgee Trick or Treat

For those who want to head out on Halloween night with the kids for some good old-fashioned trick or treating, or are simply happy for little guys and ghouls to come knocking on their door, there is a Facebook page called Mudgee Trick or Treating (www.facebook.com/MudgeeTrickOrTreat/) where local residents can list their address and find others that want to get into the Halloween spirit.

The page is currently asking people to contribute their addresses if they want to participate in Mudgee’s trick or treat trail so head on over if you want to get involved.

Hargraves Halloween Movie Under the Stars

Club Mudgee is presenting Hargraves Halloween Cinema Under the Stars where Hotel Transylvania 2 will be playing. There will be a heap of fun activities on the night including disco dancing, Halloween dress-ups, games and prizes.

All of the fun will kick off from 5.30pm on Saturday 21st October at Hargraves Recreational Grounds.

A gold coin donation is asked for on entry with all proceeds supporting Hargraves Public School.

Mudgee Bunnings Family Night

Mudgee Bunnings will be getting into the spooky spirit with a Halloween Family Night on Thursday 26 October from 6pm to 8pm where there will be lots of fun activities for the kids to enjoy.

Bunnings will also be holding free DIY Halloween workshops for the kids on Saturday 28 October and Sunday 29 October from 11am to 12:30pm on both days.

Contact Mudgee Bunnings on (02) 6378 6700 for more details.

Lithgow Halloween 2017

If you want to celebrate Halloween in a big way then you may want to take the 90-minute drive out to Lithgow on Saturday 28 October.

The event sees Lithgow’s main street taken over by freaky fiends, ghouls and zombies. The main shopping area will be transformed into a fun-filled pedestrian zone with non-stop entertainment, markets, rides and more.

More information on Lithgow’s Halloween celebrations can be found at www.halloween.lithgow.com.

Planning to move from the big smoke to Mudgee? The steps you should take first

Have you been daydreaming about escaping the rat race, crippling mortgage debt and moving to a place that will take away the stress?

As property prices ramp up in places like Sydney, regional areas like Mudgee have been gaining in popularity, but packing up and moving homes isn’t always as easy as it seems.

There is a lot to think about before any move, let alone a move to an entirely new area so it’s important to prepare and do a little bit of research before packing your bags.

Get to know where you want to buy

Spend a bit of time in the specific area you want to buy in before leaping into a new home purchase. It’s often a good idea to rent first so you can get to know different regional pockets and if there is a particular area you like best.

It’s also important to remember that a place will always feel different when you live there compared to when you are on holidays. So if you don’t want to rent first then at least make the effort to visit the area a few different times to get a feel for what it’s like at different times of year. Reading blogs (like this one!), local newspapers and magazines may also help you get a greater insight into what it’s like to live in certain places.

Research the local property market

The Mudgee property market, like other regional areas, is very different to property markets in major cities and one of the main differences you will notice is the price.

Properties in the Mudgee region are a fraction of the price of the $1 million+ properties around Sydney, providing lots of options for people looking for a tree change.

But it’s important that buyers establish what they want in a new home and factor this into their search.

Are you looking for a large acreage property or do you want something low maintenance? Do you want to build a home or do you want an established one? Also think about how important it is for you to be close to the centre of town?

You may need to compromise in one way or another to find the property that suits you best.

Also find out what locals look for in a home because properties in regional areas might have different features of value that you hadn’t considered before.

But don’t be deterred by a property that has been on the market for some time. While some properties may be snapped up in seconds in Sydney, it can take considerably longer to sell in regional areas.

Don’t be afraid to ask lots of questions

Talk to local real estate agents and ask them as many questions as you can think of to help you make the right property decision.

Take your time looking at properties and while you might be eager to buy and settle straight away try not to rush into anything, this way you won’t have any regrets later on.

There is a lot to think about and organise before making the move from the city to the country but we find that for most people, once they make the move they never look back.

To find out more about the Mudgee property market feel free to stop in at 79 Church Street when you’re in town and have a chat to the team at McGrath Central Tablelands. We’re happy to help answer any questions you might have about making the tree change to the Mudgee region.

Discover Hill End’s unique buildings at Open Day

Historic buildings all over Hill End will be rolling out the welcome mat as part of Hill End’s Open Day on Sunday 22nd October 2017.

The open day will allow visitors to get a glimpse inside a number of Hill End’s most interesting buildings including home and gardens, The Royal Hall, Court House, school, churches and studios. This will allow people to see how the people of Hill End live, work and play in the historic gold town.

Hill End’s historic buildings tell a story about the history of our local region. While Hill End might be considered a quiet village today, in the boom times of 1872 it had the second largest population in NSW.

The village retains a unique history and the open day will be a chance to speak to the people who have the determination to take on the tasks of keeping its special story alive.

Local volunteers will be available to show visitors through the buildings on the day and answer any questions. The people of Hill End are proud of their village, so head along and chat to them about their beautiful area.

Bring along your camera on the day too as the gardens of Hill End will be in full bloom and make for a stunning backdrop to the village.

Bookings to experience the Hill End Open Day can be made by phoning 02 6337 8333 or emailing HillEndOpenDay@yahoo.com.au.

 

Image via http://www.heatgg.org.au/

Halloween Cinema Under the Stars

Hargraves Recreational Grounds will be turned into a ‘Halloween themed’ outdoor cinema for just one night on Saturday 21 October.

Club Mudgee will present the Hargraves Halloween Cinema Under the Stars event, which will give young children and families an opportunity to enjoy a movie night with added disco dancing, Halloween dress-ups, games and prizes.

Head along from 5:30pm to enjoy the disco music and potentially win a prize for your fantastic dance moves, and come dressed up for your chance to prizes for best dressed too.

The slightly spooky cartoon movie Hotel Transylvania 2 will begin at 7:30pm and there will be canteen food available and a chocolate wheel.

The Mid-Western Regional Council has provided assistance to the Cinema Under the Stars event through their Event Assistance Program.

A gold coin donation is asked for on entry with all proceeds supporting Hargraves Public School.

Everyone in the Mid-Western Regional community is invited to head along to this fun family night out.

With the weather warming up, what better way to spend an evening than outdoors watching a movie under the stars?

For further information about the event call Helen on 6373 3691.

Mudgee residents encouraged to spring clean homes ahead of chemical cleanout event

It’s time to tackle the annual task of spring-cleaning our homes, and to make things a little easier Mid-Western Regional Council residents are being offered free and safe disposal of unwanted garden and household chemicals.

All residents in the Mid-Western Council region are eligible to take advantage of the chemical cleanout, which provides an environmentally friendly way to dispose of household problem wastes.

Hazardous chemicals include things like paint products, pesticides, weed killers, solvents, household cleaners and even old gas bottles.

Most people have these kinds of materials somewhere in their home and they can be dangerous if they aren’t disposed of in the correct manner.

The Mudgee Waste Facility at 31 Blaine Road in Caerleon will be accepting unwanted chemicals on Sunday 22 October from 9am to 12pm, so Mudgee residents have plenty of time to clean out their homes and find items that need to be disposed of.

The following materials will be accepted on the day (household quantities only): 

Aerosols, arsenic, batteries, cyanide, flares, fire extinguishers, gas bottles, fuels, fire extinguishers, oils, peroxides, paints, pesticides, pharmaceuticals, photographic chemicals, poisons, smoke detectors, household and garden chemicals.

Residents are reminded to transport all materials safely inside a box or larger container to stop any spills.

The Household Cleanout is a NSW EPA Waste Less, Recycle More initiative.

Further information about the Chemical Cleanout can be found at www.cleanout.com.au.