Newspaper article The Morning Bulletin (Rockhampton, Australia)

Rocky to Win from Project Brilliant Opportunity for Growth in Region; Potential Spin-Offs Are Enormous for All of Central Queensland

Newspaper article The Morning Bulletin (Rockhampton, Australia)

Rocky to Win from Project Brilliant Opportunity for Growth in Region; Potential Spin-Offs Are Enormous for All of Central Queensland

Article excerpt

Byline: Adrian Taylor adrian.taylor@capnews.com.au

IT'S a champagne moment.

Gladstone may be the focus of the billions of dollars of investment for Central Queensland's liquefied natural gas industry, but the potential spin-offs for the Rockhampton region had commentators struggling to find worthy superlatives yesterday.

Grant Cassidy, the Rockhampton businessman who chairs the region's economic development agency, cracked a bottle of bubbly to celebrate the go-ahead for two projects that will boost virtually every sector and fill pockets in Rocky and Yeppoon.

He says the influx of up to 10,000 highly paid construction workers will boost the tourism and hospitality industry, retailers, real estate and house builders and those involved in training and education.

"It's a brilliant opportunity for growth," said Grant, who believes Rockhampton's advantage is being on the doorstep of one of Australia's biggest ever industrial expansions.

"There will be more families coming to the region. I think we are ready for this. The lead-in time gives all types of businesses the chance to gear up for growth."

Regional economic expert Professor John Rolfe said the LNG billions would help to cut Rockhampton's 6% unemployment rate.

"I think the spin-offs will be broadly spread," he said. "The earlier beneficiaries will be those in engineering contracting but they won't be the only ones. I think there will be a considerable spill to Rockhampton."

Rick Palmer, Rockhampton Regional Council's economic development manager, said the city was a mature and sophisticated economy that could absorb an increased population at short notice.

"I don't think we will get a massive influx of workers but there will be people who will find Gracemere and South Rockhampton an attractive proposition.

"If only 5% of the workers and their families come here, it will make a big difference.

"Gladstone is only an hour away and for those used to living in the big cities, that's an easy, comfortable commute, especially as Rockhampton provides so many services and a desirable lifestyle. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.