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Townsville Marine Tourism development attracts $3.5 million State Government funding

Townsville Marine Tourism Precinct A world class Townsville Marine Tourism Precinct has been given State government funding of $3.5 million. Honeycombes Property Group, in a joint venture with SeaLink, has received the multi-million dollar contribution from the State Government to finalise the funding arrangements for the waterfront development on Ross Creek and

Townsville labour market gasping for employment demand

Townsville Glencorp copper refinery

Townsville labour market snapshot The Townsville labour market has shown signs that a recovery in economic activity is occurring in the wake of the Townsville and North-west Queensland floods earlier this year. With 3,000 homes and businesses impacted and thousands in livestock losses across the region, the recovery and reconstruction stimulus has

Property managers and Tenants alerted to tenancy changes

Property Managers and Tenants alerted to RTA changes Property managers and Tenants have been targeted by the Queensland Residential Tenancy Authority (RTA) with enhancements to its bond lodgement system to speed up processing times. The RTA is rolling out a suite of digital services and enhancements for tenants and property owners/managers to

Townsville floods yields employment green shoots; regional economic snapshot

Townsville floods reconstruction welcome stimulus Six months after the devastating Townsville floods, the region's peak marketing body for North Queensland, Townsville Enterprise, has provided an update to its members on the outlook of the Northern Australia regional economy. In its quarterly economic snapshot, TEL reflects on the February 2019 Townsville floods which

Queensland real estate institute promoting “climate change” propaganda angers North

Queensland real estate institute angers North Queensland community Queensland Real Estate Institute (REIQ) has come under heavy fire from residents and ratepayers of North Queensland, and their own real estate members, for adopting reckless political propaganda from the State government. Pinning reputations with discredited research on climate change, where no evidence of

North Queensland property powerbroker launches stern critism of Palaszczuk government

North Queensland property identity holds no prisoners North Queensland property industry identity and outgoing North Queensland Cowboys Chairman, Lawrence Lancini has launch a bevy of criticism at the Palaszczuk Labor government over its handling of the regional Queensland economy. Consistent with the analytical assessment by this publication over the past decade, Mr

Townsville population forecasts risk oversupply and further price stagnation

Jenny Hill Councillor Team

Townsville population forecasts proxy for mining federal funding Townsville population forecasts stimulate supply. From a population perspective, additional supply is observed as a great opportunity because it creates “jobs” and brings employment. Supply risk is often depicted by planners as a slowing down of dwelling construction. Well, incumbent property owners and investors

Townsville property market update September 2019

Townsville Enterprise - Townsville City North Queensland Australia

Townsville Property Market Assessment The Townsville Property Market Update for September 2019 by Herron Todd White (HTW) paints a cautiously hopeful picture of economic growth and property price activity. Townsville projects, natural disasters and population Based on the future pipeline of projects, reactionary impacts from natural disasters on positive employment from the 2019

Home lending industry criticised by securities and investments watchdog

Home lending watchdog barks correction from brokers The home lending industry have come under fire from the Australian Securities and Investment Commission in its recent report, Looking for a mortgage: Consumer experiences and expectations in getting a home loan. ASIC research highlights the importance of reforms for mortgage brokers and home lending. As

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