Queensland Regional Rentals - December Quarter 2015

Posted on 28 January 2016
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...
 

Cockatoo Coal puts its mines and assets on the market

Posted on 14 December 2015
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...
 

Hopeland farmer calls for time frame on bore decommissioning

Posted on 14 December 2015
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...
 

Jemena to Build North East Gas Interconnector

Posted on 7 December 2015
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...
 

NT landholders can now negotiate land access agreements

Posted on 2 December 2015

Source:  Beef Central, 01 December 2015; NT Government, NTCA For the first time, pastoral landholders in the Northern Territory have been provided with the right to negotiate access agreements with mining, oil and gas companies before they enter their land for significant exploration purposes. http://www.beefcentral.com/news/nt-landholders-now-have-greater-say-when-miners-drive-in/     ...