zing_ replied to the topic QLD mining regions (Bowen & Surat Basins & Gladstone): Willing to help anyone with questions in the forum To be honest it may go there 12 years, 1 month ago
To be honest it may go there dizzy. I would suspect you would need to be at around $600-$650 per week at the moment to get it rented quickly.
If you are building you should get pretty decent depreciation in Emerald with a high ratio of construction costs to land value. Therefore I'd be surprised if $550 per week kills the deal?
I will remain…[Read more]
zing_ replied to the topic QLD mining regions (Bowen & Surat Basins & Gladstone): Willing to help anyone with questions in the forum Help Needed! 12 years, 1 month ago
Right on cure to put an exclamation point on my previous post:
As an investor with property in Emerald I really hope the politics get out of the way soon.
zing_ replied to the topic QLD mining regions (Bowen & Surat Basins & Gladstone): Willing to help anyone with questions in the forum True, so what can a fed 12 years, 1 month ago
True, so what can a fed government do now to improve our competitiveness since the state coalition governments have all but destroyed the benefit of the MRRT?
Oh yeah get rid of the MRRT and Carbon tax…… what a coincidence! It's all very political. Just like the announcement by BHP to close Gregory the day before the QLD budget.
zing_ replied to the topic QLD mining regions (Bowen & Surat Basins & Gladstone): Willing to help anyone with questions in the forum Help Needed! 12 years, 1 month ago
To be fair I don't think you can blame the QLD government for bad timing.
It's not every day you get the free kick of a lifetime from the federal government. What was Swan thinking when he declared mining companies could deduct state government increases from the MRRT?
Newman would have been crazy not to take up that "offer", he gets more…[Read more]