Townsville Bulletin

Election good news for North

- PETER WHEELER COMMENT Peter Wheeler is managing director of Colliers Townsville.

THE federal election campaign has certainly got off to a good start for North Queensland.

The announceme­nt of full funding for Hells Gates Dam, pending the outcome of an upcoming business case, is an incredible result.

At $5.4bn, this will be one of the biggest developmen­ts in our region’s history.

It’s hard to imagine just how significan­t the economic boost from constructi­on will be for our community.

Some 7000 new jobs will be created for North Queensland­ers and, on completion, the region will be forever transforme­d with 60,000 new hectares of irrigated agricultur­al land.

While we’ve seen business confidence increase over the past two years, one of the biggest challenges for business has been finding the skilled staff to fill the positions that a growing economy needs. The Designated Area Migration Agreement between Townsville Enterprise and the Australian government is a fantastic step to addressing this issue.

Finally, we’ve at last seen the commitment to name Townsville as a formal hydrogen hub.

This is another step in the right direction for this new local industry.

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