November 2009
3 posts
$40bil LNG investment looms for Qld
The Queensland Government has moved to ensure Queensland’s future domestic gas supply, while providing industry with the certainty it needs to kick off its $40 billion LNG investment.
The Government has decided to set aside future gas fields for future domestic supply if needed and rejected an option to require a percentage of gas from all fields to go to domestic supply. “We want to...
Brisbane unit sales up 31%
A 31% rise in new apartment sales in inner Brisbane has coincided with a $70,000 price increase, according to Colliers International.
There were 273 new unit sales in the September Quarter - up from the June Quarter’s 209 sales.
Colliers’ Brisbane Apartment Report reported the weighted average sale price was $636,190.
About $170 million has changed hands in new residential apartment...
Home loans up strongly in Sept Qtr
A home construction boom has been predicted after record numbers took out mortgages in September.
Almost 50,000 Australians took out mortgages for purposes other than refinancing, a seasonally adjusted record. About 7,600 were construction loans, the highest in 15 years.
The latest Australian Bureau of Statistics housing finance figures reveal a 73% increase in demand for housing finance from...