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Norwoodman, your correct borrowing is a problem, the banks are very very scared of negative equity. So many people I know would love to sell and have been trying to sell, but banks are not coming to the party, the valuations are coming in very conservative and the banks are running fearful of...

There is more downside yet as the projects to do with gas etc that were expected to by now be substantially letting staff go have not yet made the substantial layoffs as the timeline for completion of many projects has been pushed out. The report I read earlier in the year indicated serious...

I was reading an article in the Gladstone Observer the other day and it was referring to how bad things are going to potentially get in the Gladstone area. Basically the article stated that there is over ten thousand (10,000) workers currently in Gladstone doing construction for Gas plans etc...

I live a little south of Calliope and am looking to rent there in the new year and I can confirm that there are many many dozens of empty new 4 bedroom houses sitting on blocks. People are desperate to rent them out and many a rent are down in the low 400's, but they can't rent them. Seeing 4...

I live 95ks from Gladstone and are their regularly like at least once a week. I have many friends who are Chief financial officers for corprorations, General Managers and blah blah blah, operating in Gladstone. The gas related industries is what is keeping Gladstone afloat, other mining...