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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

McGrath real estate franchisee renew brand contract in spite of trending profit slump

McGrath real estate franchise profits slump McGrath real estate franchisees in Townsville, Brad and Kaye Matheson have renewed their franchise agreement with the McGrath national real estate brand, in spite of its substantial slump in profits over two consecutive years by the Australian Stock Exchange (ASX) listed company. The national real estate

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

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

Townsville residential property market 2018 review

Townsvile residential property

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 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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