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Townsville Airport approved for $50M NAIF Loan

Townsville Airport

Townsville Airport investment welcomed Townsville Airport received welcome news. A $50 million loan application from the Northern Australia Infrastructure Facility (NAIF) has been approved. The Minister for Northern Australia, Senator Matt Canavan announced the NAIF Boards decision to fund the airport redevelopment plans. The plans include doubling the terminal capacity, improved road

North Queensland woman battle over praise for Singapore military impact

North Queensland woman

North Queensland woman battle for regional status while property owners settle with Defence North Queensland woman, leading their respective regional councils in a political and economic battle, are ostensibly claiming the spoils from the Singapore Military Training Initiative in a desperate bid to stimulate their economies and win leadership status. North Queensland

Castle Hill lifestyle development attracts Federal funding  

Castle Hill Concept Plan development to improve the livability and tourism appeal of the City.

Castle Hill Tourist Attraction Castle Hill is Townsville’s iconic landmark. Consultants engaged by the Townsville City Council has identified the hill as an activity activation asset. If developed, it could better retain millennials and local residents seeking a fun lifestyle while attracting more tourist visitors to the floundering economy. The Townsville City

North Queensland building approvals plummet

Idalia - Front aspect of 15 Edgewater Terrace sold by McGrath Estate Agents for $1Million

North Queensland building industry North Queensland building approvals have plummeted in the Townsville region as the head of Master Builders Queensland plead with the Labor State government to bring back the $20,000 First Home Buyers Grant Boost. Master Builders Deputy CEO, Paul Bidwell said; “Something had to be done about the worsening

Greenvale Land owners secure sale contracts with Australian-Singapore Military

Greenvale land owners secure contracts with Australia and Singapore Defence Forces

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.

Townsville airline new “canary in the coal mine” for Queensland government

Townsville Travel - Airport

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

Property Council challenges Palaszczuk government plan for economic growth

Adani coal mine Chairmen and Queensland Premier

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

Townsville water security falls on Hells Gates Dam

Townsville water security and 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

Trading - Bulk shipping service between Townsville North Queensland and Singapore and China

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

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