Minsol Group Blogs

Source: CoreLogic RP Data Summary Quarterly movements To end the 2015 calendar year, most regional markets, for houses, saw rents either rise or remain steady with the exception of Western Australia where rents were down -2.6% over the final three months of the year.  On the other hand, regional unit market performance was much weaker, with rental rates in Queensland, Tasmania and Western Australia all lower in December 2015 relative to September 2015. Annual movements F...

Source: Corelogic RP Data Across regional Queensland, rental rates remained steady for houses over the final quarter of 2015, at $350/week, while for units, a -2.9% decline was recorded, bringing the typical rental rate to $330/week.  Both the detached house and unit rental performance over the past year has underperformed when compared to the five year average for the region and interestingly, regional Queensland house rents are currently recording the same median price as they wer...

Source:  The Australian Cockatoo Coal's administrators PPB have fired the starting gun on a sales process for the company's portfolio of coalmining assets after appointing resources sector advisory specialist RFC Ambrian, which has sent out documents to prospective buyers. The market remains awash with coalmines, which were worth hundreds of millions of dollars at the peak of the market but now can't find buyers due to the weak demand for the commodity. On offe...

Source:  The Chronicle, Matthew newton A Hopeland farmer is calling on the State Government to tighten up the "make good" process between farmers and coal seam gas (CSG) companies after a bore on his property that had been marked for decommissioning since September last year began kicking up water and gas. It has been three years since the release of a State Government report that said two bores on the Hopeland property would be affected by the CSG industry. Only on...

Source: Jemena Jemena is proud to announce it has been selected by the Northern Territory Government to build and operate the North East Gas Interconnector (NEGI), connecting the Territory's vast gas fields to the east coast gas market. After a competitive tender process, Jemena was chosen for proposing the most economical, efficient pipeline route and its proven track record of developing and operating major Australian energy supply assets. The 623km pipeline will link Tennan...