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.
Editors Picks
Editors Picks
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 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
Queensland Nickel resurgence exposes Government industrial investment bias
Queensland Nickel exposing political corruption Queensland Nickel CEO, local Townsville resident and Queensland’s richest person, Mr Clive Palmer has laid the blame for Townsville’s poor economic performance squarely at the feet of the Labor Mayor Jenny Hill and the leadership of the Townsville City Council during a $15,000 community funding announcement
Townsville Harbour City Project calling Expression of Interests
Townsville Harbour City A proposed new multi-million dollar world-class marine science and research building as part of the Townsville Harbour City precinct will be constructed on the banks of Ross Creek at Flinders Street East. The development will replace the existing Great Barrier Reef Marine Park Authority building if expressions of interest
Succession planning; what does exiting your business mean?
Succession planning Succession planning for business owners is critical. When most business owners think of an exit plan, they think of selling the business. This act of selling the business and exiting or leaving the business is also called ownership succession. In order to ensure this process is done to the level
How is the Townsville North Queensland economy and employment performing?
Townsville North Queensland quarterly update The Townsville North Queensland economic outlook has seeds of growth and business confidence but official Queensland treasury employment data shows unemployment is still lingering over 10 percent, the Herron Todd White (HTW) Quarterly Economic Snapshot reported this month. The critical drivers of Townsville and North Queensland’s economy
First home buyers get leg up from Turnbull Government
First home buyers super savings First Home buyers are set to receive a boost to their home saving options as the Turnbull government's plan for a First Homebuyer Super Saver Scheme (FHSSS) passed the parliament, and older Australian are allowed to contribute money from the sale of their family home into