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Townsville Enterprise, in collaboration with AEC Group, has released its second Townsville North Queensland Quarterly Economic Snapshot.

The latest edition reveals a continuous surge in business confidence across Townsville off the back of a number of recent positive announcements for the region.

Major developments driving the improved outlook include the $250M Stage One Integrated Stadium and Entertainment Centre (ISEC) and associated Waterfront Priority Development Area (PDA), the $22B Adani Carmichael Mine, Rail & Port Project and the Upper Ross ($255M) and Sun Metals ($155M) solar farms. These developments have the potential to drive significant regional growth over the coming years.

The 12 page document, released at the conclusion of every quarter, provides a regional economic outlook and commentary with key quarterly statistics including unemployment, business confidence, property sales, tourism and building approvals.

The quarterly economic update is produced with the intent to provide the Townsville North Queensland community with a one stop source of critical regional economic information and statistical data. This regular update offers useful analytical commentary, dissecting the numbers in order to provide regional stakeholders with insights into local trends and global issues that may impact regional economic performance.

 

This article is an extract from Townsville Enterprise.

Property Friends is a specialist Property Investment Advocacy that has been operating for the last 13 years on the basis of 3 principles: Trust, Community & Progress. www.propertyfriends.com.au (03) 9758 5331

Uwe Jacobs Property Strategist

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