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Have only done a quick Google search, but these seem interesting: http://www.gladstone.qld.gov.au/web/guest/other-significant-projects http://www.gladstoneobserver.com.au/news/boom-bust-not-for-us/1885631/ 500+ jobs on Seek One property investment company reckons this Arrow project...

Yes I would proceed with caution. If you want to get in on the resources action I would checkout Gladstone. It's absolutely a buyers market there at the moment, positive cashflow and excellent long term prospects. You can't be lazy though, you'd have to fly up there. Buy an established...