Reading International likes Townsville, despite Palmer's nickel
US Cinema giant Reading International has looked past the financial collapse of Townsville's largest private sector employer, Clive Palmer's nickel refinery, and invested $31.5 million buying the regional city's Cannon Park City Shopping Centre and Cannon Park Discount Centre.Reading purchased the two centres comprising more than 12,300 square metres of retail tenancy plus 600 area car parks on an initial yield of 8.61 per cent. DEXUS Wholesale Property Fund sold the shopping centres but will c..>> view originalLet's reach out to retrenched workers
WHEN the Townsville Bulletin asked for sacked Queensland Nickel workers to come forward to discuss their concerns about the future, the office phone lines lit up — and stayed that way for hours.The people who lost their jobs on Friday are now facing the additional stress of not being paid proper entitlements.Their worries grew yesterday when QN announced what many expected, but hoped would never come to pass — that the company had gone into voluntary administration.It has prompted fears among th..>> view originalFrom rain relief to scorchers
Adam O'Callaghan 4 , Amber Cashmore 3 and Emily O'Callaghan 9 play in the rain on the StrandIT was a wet start to the week but the rain is expected to subside in Townsville over the next few days as the clouds make way for a return to searing heat.The Townsville Airport has recorded 4mm of rain over the past four days.Rollingstone received the best of the brief downpours with a total of 51mm, while Picnic Bay recorded 14mm and Bushland Beach 12mm in some of the city’s other best falls.Bureau of ..>> view originalChinook fleet will rise to 10
Townsville’s CH-47F Chinook Helicopter numbers will be boosted to 10. RAAF Air- Crewman CPL Trent Bayliss in front of one of the new Chinooks commissioned today. Picture: Zak SimmondsTOWNSVILLE’S 5TH Aviation Regiment helicopter fleet will be boosted after US regulators approved the sale of three more Chinooks.The heavy lift helicopters will add to the fleet of seven CH-47F Chinooks that were delivered to 5th Aviation Regiment in 2015 to replace the ageing D model.The $180 million foreign milita..>> view originalTeen free after night of terror
A TOWNSVILLE teenager who stabbed his friend’s father during a drug-fuelled rage walked free from court yesterday after a judge ruled he could not have known the LSD he took would make him violent.The boy, then a 15-year-old student at one of the city’s most exclusive schools, stabbed his friend’s father in the chest before threatening to turn the knife on his mate. The now 17-year-old, who cannot be named for legal reasons, faced Townsville Children’s Court yesterday for sentencing on charges o..>> view originalRogue roo attacks Granny
Beverly Basnett 78 was attacked by a kangaroo at her Annandale homeA TOWNSVILLE great-grandmother is recovering from deep gashes after being attacked by a rogue kangaroo.Beverley Basnett, 77, was taking a dog for a walk in Macarthur Park at Annandale, at the back of her Boronia Drive home, when the attack happened last Friday.“I felt as though I was hit with a Mack truck,” she said.“I didn’t hear it coming.”Mrs Basnett said she felt pressure from the roo’s paws on her shoulders and then its leg ..>> view originalClimate fraud court delay
Dr Daniel Michael Alongi leaves the Townsville Magistrate Court.A CLIMATE scientist accused of defrauding his Federal Government employer of more than $550,000 had his case adjourned as defence counsel awaits more information about the allegations.Climate scientist Dr Daniel Alongi, who worked for the Australian Institute of Marine Science, appeared in Townsville Magistrates Court yesterday during the Commonwealth call-over.He faces charges of obtaining financial advantage from a Commonwealth en..>> view originalA new way to have your say
Townsville Bulletin readers have a new way to have their say.TOWNSVILLE Bulletin readers have a new way to have their say on the stories that matter.We’ve launched a new reader comments service that lets you post comments, reply to others, share your favourites on Facebook and Twitter and “like” what others have to say.You can also “follow” conversations so you get notified when a new comment is posted — and you can jump back in and reply.And our comments will be monitored 24/7, allowing for a m..>> view originalOpals pass the Rio test
The Opals, Basket Ball, Australia's winning team in the Rio 'test' event -- Australia women's national basketball team The Australian women's national basketball team is the women's basketball team representing Australia in FIBA international competitions. The team is nicknamed the Opals, after the brightly coloured gemstone, common to the countryAUSTRALIA’s Opals brushed aside host Brazil 77-67 yesterday to win the Rio Olympics test event.Brazil was going to be the true test after two easy vict..>> view originalUnion blasts 'tsunami of misery' QNI inflicting on redundant workers
Palmer Nickel and Colbolt Refinery at Yabulu. Picture: Evan MorganQUEENSLAND Nickel’s administrator says the company is $70 million in debt and is not in a position to pay out entitlements owed to 237 redundant workers.In an explosive meeting at the Yabulu refinery last night, administrator FTI Consulting told union representatives QNI employees sacked on Friday were no creditors and the company’s long-term position was dire unless it could trade out of trouble.It was also revealed both compulso..>> view original
Monday, January 18, 2016
Reading International likes Townsville, despite Palmer's nickel and other top stories.
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