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
Tag: construction
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
Master Builders Chief Economist forecasts weaker commercial construction
Master Builders outlook on commercial construction Master Builders Australia are forecasting that construction activity in the commercial building sector will soften in the next few years, but not all aspects of commercial construction projects are facing tough headwinds in a challenging economic environment. Master Builders’ Chief Economist, Shane Garrett said “Commercial 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
Townsville North Queensland landmark lookout upgrade approved for drilling
Townsville Castle Hill lookout upgrade Townsville North Queensland’s iconic Castle Hill lookout has been given approval by the Townsville City Council to be upgraded in order to accommodate the growing number of tourists and locals using the historical landmark. In the local council’s announcement, Infrastructure Committee Chair Cr Mark Molachino said the
Police academy site arrest from government inaction in Townsville
Property Council police academy plan Townsville’s police academy site at Belgian Gardens fronting Rowes Bay in Townsville has been earmarked in a review of government-owned land by the Property Council of Queensland as a prime development asset to boost tourism and revitalise the CBD. The proposed 10,500 m2 mixed use residential and
Townsville water security project springs a leak between Mayor and industry leaders – Exclusive.
Mayor and A/CEO in hot water of Townsville water security project The $225 million Townsville water security project principally managed by the Infrastructure and Planning department of the Townsville City Council (TCC) has been delayed even before the project gets started. The Mayor Cr Jenny Hill speaking at the Townsville Water Security
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