News Archive

Major projects on the front burner again as confidence returns to the far north

18 February 2010

THE federal government went deeply into deficit to fund recovery. It could have saved us a lot of money if it knew how to bottle and sell confidence. The level of confidence is a key ingredient in any economic or real estate cycle. Economists don't understand our residential markets because you can't factor confidence into a mathematical formula. The boffins who think compute... <more>

Strand units simply the best

29 July 2009

They are being described as the best units in town. The finishes and fit-outs are superb, there is great attention to detail in design, and the views, well, The Strand is glorious. This is Stanton Apartments – Townsville's newest seafront address and the first stage of national listed developer Mirvac's $200 million Mariner's Peninsula project on Breakwater Marina. The first resid... <more>

First homebuyers 'grab' increased grant

14 January 2009

First homebuyers are cashing in on an increased federal government grant, new figures show. The grant was doubled to $14,000 for existing homes and $21,000 for newly-built homes in October last year as part of the Rudd government's economic security strategy. Between October and November the number of new houses purchased by first homebuyers jumped by almost 10 per cent, Australian Bur... <more>

Townsville the haven in financial storm

25 October 2008

TOWNSVILLE is shaping as a haven through the economic storm, with $8 billion worth of development on the books. Some of Australia's biggest developers have taken strong positions in the city with Leighton Properties this week saying their decision to proceed with a $1 billion CBD project was a `no-brainer' because of the city's strong economy. It hopes to start work in the second o... <more>

Boost to first home buyer numbers

14 October 2008