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Great News for QLD Resource Cities

Friday, November 08, 2013

Business confidence in the boom QLD resource cities of Gladstone, Mackay and Emerald has taken a battering over the last 12 to 8 months. But now that the election is behind us and the new Liberal govt is slashing red tape confidence has returned to the regions.

The massive GVK-Hancock coal mine to be built in central QLD has just been given the green light and is staggering in scale. Its very likely for the India funded Adani project to also get approval by early next year. Its estimated that between these 2 unprecedented projects around 25,000 new jobs with be created and should see the rental markets in the regions above go well beyond their former peaks.

Massive central QLD coal mine gets the green light;

Boulder Steel back on;

Over $89 Billion in projects still to commence;

Business confidence bounces back in central QLD;

All investors in  these regions who have seen their rental returns diminish can be confident that Gladstone, Mackay, Emerald and many other cities and towns in Central QLD have a very bright future.

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