THG

Tuesday, 30^th June, 2009

The Finance Sector’s Viscosity is Inhibiting the Flow of Property Development

THG’s Richard Katter prepared a report for the UDIA, The Finance Sector’s Viscosity is Inhibiting the Flow of Property Development , which emphasises the importance of the property sector’s influence on Queensland’s GDP.  Mr Katter said, “This report is especially timely considering the very recent withdrawal of ALDI from their two proposed sites at Pimpama and Coomera due to exorbitant infrastructure charges.  In an increasingly marginal development climate we will start to see more big projects of this nature failing to proceed with the major cause being infrastructure charges.”

Read the full article here.