Future Fund’s Murray flags 20 years of market volatility
Posted by Dianne | Charterhill Group in EzResidential on August 29, 2011
The chairman of the $75 billion Future Fund, David Murray, had suggested finanical markets and economic conditions could be volatile for 20 years as a result of the turmoil in the US and Europe.
Agents await home truths
Posted by Dianne | Charterhill Group in EzResidential on July 19, 2011
Janusz Hooker is “quietly confident” about the future of Australia’s struggling residential property market.
The cheif executive of national real-estate chain LJ Hooker says the fundeamentals are in place to ensure a recovery in the mediumterm.
“The Weekend Australian Financial Review – July 16th & 17th 2011″
Interest rates now forecast to slide
Posted by Dianne | Charterhill Group in News on July 19, 2011
Homeowners could get a reprieve from the soaring cost of living with interest rates predicted to fall before the end of the year as consumer confidence and spending falter.
Westpac yesterday forecast a 1 per cent fall in interest rate before the end of next year, starting with a 25 basis point cut in December.
Interest rates now forecast to slide
“The Advertiser – July 16th 2011″
$10b coal mine plan moves ahead
Posted by Dianne | Charterhill Group in News on February 18, 2011
$10b coal mine plan moves ahead
, ABC On Thursday 10 February 2011, 14:00
Another massive coal mine in Queensland’s central west has taken a step forward, with the release of draft terms of reference for an environmental impact study (EIS).
Adani Mining is proposing the $10 billion Carmichael Coal and Rail project in the Galilee Basin.
The State Government says the draft terms of reference outline the scope for the EIS.
The proposed mine is mostly on a cattle property north-west of Clermont and involves the development of both a greenfield open-cut coal mine, as well an underground mine.
The Minister for Infrastructure and Planning, Stirling Hinchcliffe, says if it proceeds the mine could potentially produce up to 60 million tonnes of coal a year, mostly for the Indian domestic power market.
He says the construction phase could employ up to 5,000 workers, with the ongoing operation to support 4,000 jobs.
