Ratings agency Fitch reported yesterday that Katoomba experienced the fourth highest rate of mortgage delinquancy in its latest review of the state of loan solvency.
While still at historically low levels, the high ranking is a concern for mountains residents as it points to a potentially growing number of locals struggling to make ends meet.
A year or two ago, there were lots of people offering compact flourescent light bulbs for no charge in order to claim the RECS (Renewable Energy Certificates) for the carbon emission savings over the life of the bulbs. More recently, the price of the RECS fell, and many organisations stopped offering the replacement globes.
Green Alliance are again offering the service and can arrange appointments in the upper mountains now. We had Keith install a bunch in our new house, and they are very good. If you are unhappy with the harsh cold light that these bulbs cast, consider the “Warm White” version that produces a light identical to a traditional incandescent globe. They turn on almost instantly, and are rated at 15w, suitable to replace 75w or 60w globes. Of course, its good for the environment too!
Green Alliance can be contacted on 1300 787 749