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
Tag: building
Home building starts slump under State government regulations
Home Building Slump Home building starts have slumped across the construction sector driven by State government stamp duty policy impacting foreign investors, tighter credit conditions and regulations, the Chief Economist for Master Builders Australia, Shane Garret reported. There is no immediate end in sight to the new home building slump but a
North Queensland building approvals plummet
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
Construction boosts Townsville short to medium term prospects
Construction Boost for Townsville Construction employment is driving a resurgence in demand for rental accommodation and dwelling ownership in Townsville’s property market at the cost of vendor discounting and modest correction in capital losses. Townsville medium house prices have dropped over the past twelve months by 7.4 percent and 4.5 percent over
Treasurer sparks free market concerns over Domain Central $6 million revamp
The Queensland Treasurer announced in an official press release that works on a revamp of over 1100m2 of the Domain Central shopping centre car park at Garbutt will create 110 jobs for the City as two new buildings are constructed. Treasurer Curtis Pitt is being accused of deliberately misrepresenting his directions to
Civic theatre gets desperate facelift
Cultural interests The Townsville City Council has confirmed this week that tenders on the $10 million facelift to the civic theatre will commence in the coming months. The facelift will include the removal of asbestos from the building as part of the upgrade. Patrons attending the cultural hub during works will not be
Family-owned local building company in liquidation after 30 years servicing North Queensland
Liquidators have moved on another long-standing Townsville family-owned business that has been manufacturing, supplying and installing building products for 30 years after collapsing with close to $2 million in debts. Nu-lite Glass and Aluminium has been experiencing significant reductions in business activity and increased competition, causing a dramatic reduction in the