State of Markets - QLD January 2013

By Reporter 01 January 2013 | 1 minute read

Essential information, plus expert insight on what is shaping the national property market...


Queensland to recommence uranium mining
Further employment and economic growth is set to be created in Queensland as the state government has announced it will assemble an implementation committee to oversee the recommencement of uranium mining in Queensland.

Premier, Campbell Newman, said the announcement followed sustained public debate on uranium mining in Queensland and strong support for the uranium industry from the federal labor government.

“The prime minister, Julia Gillard, has just been in India selling the benefits of Australian-produced uranium, prompting many in the community to ask about the industry’s potential in Queensland,” Mr Newman said.

“It’s been 30 years since there was uranium mining in this state, and in that time Northern Territory, South Australia and Western Australia have carved out successful uranium industries that deliver jobs and prosperity to their regions.”

Gold Coast may see an upturn
The Gold Coast may yet be set for an upturn, with a vote of confidence from a major employer, according to recent announcements.

Qantas resumed direct flights between Sydney and the Gold Coast yesterday, in what is being called a “major show of confidence in Queensland’s tourism industry”.

“From today, Qantas will operate three daily return services between Sydney and the Gold Coast, opening the skies for up to 3,528 extra visitors a week,” minister for tourism, major events, small business and the Commonwealth Games, Jann Stuckey said.

Ms Stuckey said that the area has been proven by recent tourism figures to still be an attractive destination.

“An extra 82,000 people passed through the Gold Coast airport last month, which was a 19 per cent increase on the same period last year,” she said.

“The city is also one of Australia’s fastest growing business communities and Qantas’ return reflects the growth potential in this area.”

State of Markets - QLD January 2013
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