Greenvale land owners and the Department of Defence negotiating a deal for the site of the $2.2 billion Australia-Singapore Military Training Initiative (ASMTI), 220 kilometres North-west of Townsville, has reached a final agreement.
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Sun Metals Zinc Refinery $300 Million Expansion
Sun Metals Zinc Refinery Expansion Sun Metals Zinc Refinery announced $300 million expansion project of its refinery south of Townsville has been approved for go ahead with the support of the Queensland government. The expansion is expected to increase the refinery's zinc production from around 225,000 tonnes per year to 270,000 tonnes. Sun
Townsville airline new “canary in the coal mine” for Queensland government
Townsville airline market Townsville’s airline market increased recently thanks to international visitor numbers and Tiger Airlines Melbourne service. The domestic and international markets over the medium term however, have been steadily declining. This is especially so in the aftermath of Tiger Airlines flights being cancelled from Melbourne, Jetstar flights from Bali and
Townsville residential property market 2018 review
Townsville residential property Townsville's residential property market in December 2018 has not progressed much further than the market conditions at the beginning of the year. The market remains in recovery phase. What has been driving the optimism is mining and government investment in the North Queensland stadium and the Haughton River water pipeline
Townsville commercial property market unimpressive under $12.6 million deal
Townsville commercial property Adani, the Singapore military training initiative, solar energy projects, increased activity in the resources sector, including new mines, have contributed to positive sentiment in the Townsville commercial property market. However, these highly anticipated projects have not resulted in any improvement in transaction volumes or price points in the industrial
Property Council challenges Palaszczuk government plan for economic growth
Townsville real estate industry heads up The Townsville real estate industry knows too well the impact of slow growth as a major regional centre of Queensland over the past 10 years. Now the Property Council of Australia has raised the concerns of poor economic growth in the property industry more broadly in
In Like Flynn film from “shaggy bluff sheer like a fortress” of Townsville to Hollywood star
A Hollywood legend In Like Flynn might not be the subject most people associate with Townsville real estate, or even the arts and cultural scene in the spiritual capital of the Northern Australian city, but the latest blockbuster movie does feature Australia's greatest Hollywood star. Out now for national release, the feature
Townsville water security falls on Hells Gates Dam
Townsville Water Security Townsville water security aspirations have moved a little closer with the $2.2 million federally funded Hells Gates Dam feasibility study confirming the project’s viability, but the short term cost to Townsville’s economy could have negative impacts on the port city. The irrigated agriculture and power project is worth $5.35
Townsville Port reports solid annual profit and reduced tonnages
Townsville Port, a State government-owned corporation, has posted a $15 million net profit for the 2017-2018 financial year based on the entity's annual financial statement. The Townsville Port praised its own performance saying the business “again delivered strong financial results while continuing to deliver major infrastructure investments”. Management of the Port said
Townsville Home owners offered government handouts for home improvements
Townsville home owners targeted Townsville home owners living within 50 kilometres of the coast that qualify for the State Government's Household Resilience Program funding criteria could be eligible for up to $11,250 in handouts to spend on home improvements. Townsville and Residents and Ratepayers Facebook Group representative, Mr. Peter Newey expressed concerns about