Hey guys,
Am thinking of buying some property in Traralgon (Latrobe Valley), 2 hours east of Melbourne. This area is one of Terry Ryder's property hotspots due to the upcoming energy projects there.
However with the incoming carbon tax, there is talk of closing the Hazlewood power station. Also there is a focus in the future on less coal-based power stations, and more renewable power generation eg wind, solar etc...
Does anyone have any idea of the likelihood the impact of the carbon tax will have on the Latrobe Valley? And if so, does the future for the Gippsland area look positive, negative or unclear?
Any thoughts appreciated
Am thinking of buying some property in Traralgon (Latrobe Valley), 2 hours east of Melbourne. This area is one of Terry Ryder's property hotspots due to the upcoming energy projects there.
However with the incoming carbon tax, there is talk of closing the Hazlewood power station. Also there is a focus in the future on less coal-based power stations, and more renewable power generation eg wind, solar etc...
Does anyone have any idea of the likelihood the impact of the carbon tax will have on the Latrobe Valley? And if so, does the future for the Gippsland area look positive, negative or unclear?
Any thoughts appreciated