Minsol Group Blogs

Budget 2017: Inland Rail's $8.4bn funding injection
17 May 2017
Source: Warwick Daily News  AN $8.4bn federal government investment into the Australian Rail Track Corporation to deliver an Inland Rail link between Melbourne and Brisbane will be a boon to Queensland's south west. The 1700km freight corridor will travel via Toowoomba, Parkes and Albury with links to other state capital cities via the existing Australian Rail Track Corporation network. The so-called Steel Mississippi has long been a National Party priority. It involv...
Barnaby Joyce's forecast of CSG royalty riches compared to '$100 lamb roast' claim
4 April 2017
Source:  Heath Aston Farmers have cast doubt on Barnaby Joyce's claim that sharing government gas royalties could help deliver landowners "hundreds of thousands or possibly millions of dollars a year". The Deputy Prime Minister has thrown his weight behind the concept of royalty-sharing agreements with farmers as a way to turn around fierce resistance to the coal-seam gas industry in rural and regional areas. Under its new energy plan, the South Australian go...
Barnaby Joyce floats national royalty plan to dismantle coal seam gas bans
23 March 2017
Source: Amy Remeikis, Sean Nicholls, brisbanetimes.com.au   Deputy Prime Minister Barnaby Joyce has started dismantling Australia's sweeping ban on coal seam gas drilling, arguing a new scheme to divert a share of government royalties to farmers will overcome furious opposition in the bush. Mr Joyce on Friday embraced a South Australian government plan to pay farmers 10 per cent of royalties in exchange for allowing gas wells on their land, saying the scheme should be ...
Gas project spells 161 new wells, 350 jobs in Queensland
23 March 2017
Source: brisbanetimes.com.au   The next stage of a major gas project in Queensland's Surat Basin has been hailed as a win-win for gas supply and jobs in the region. The Ruby Project, a joint venture between QGC and Shell, is set to drill 161 new gas wells in the region, starting later this year. Queensland Natural Resources Minister Anthony Lynham said the project would have major benefits. "This is wonderful news, especially because it's 350 new jobs in ...
How the two-speed economy worm has turned
23 March 2017
Source: Ross Gittins, brisbanerimes.com.au If you learn nothing else about the economy, remember that it moves not in straight lines but in cycles of good times followed by bad times, and bad times followed by good. Nowhere is that truer than with our famed "two-speed economy". For most of the decade to 2012, the resources boom meant that the two main mining states Queensland and, especially, Western Australia were growing much faster than the rest of the economy, whi...