Gold Coast

Griffith University, Australia’s fastest-growing campus, is poised to deliver a $232 million injection into the local economy, on top of a planned outlay of $60 million on major projects.   Gold Coast campus provost, Professor Max Standage, said apart from expenditure on major projects, the university would pay more than 1000 staff more than $84.4 million in salaries in 2009.  [click to continue...]

The Australian Financial Review reports that BDO Kendalls has been appointed to a company controlled by Sydney-based developer Tom Manassa after a request from major creditor St George Bank.  

  Just weeks after the collapse of Gold Coast projects that were being developed by veterans Jim Raptis group and Sydney developer Mick Bezzina, three developments by Brisbane-based developer Petrac were placed into receivership.

smartcompany.com.au

Gold Coast property industry figures say the Reserve Bank’s surprise decision to slash rates by a full per cent will boost confidence in the declining housing market. Gold Coast property industry

Gold Coast

A shortage of public housing on the Coast is being blamed for skyrocketing rental prices and an increase in the number of homeless. Nambour rents have risen 35% over two years. more

After more than 30 years in the property business on the Gold Coast, Jim Raptis could easily say he has seen it all. He began his career undertaking humble three-storey walk-ups for holidaymakers. more

A finance company chaired by former Queensland premier Rob Borbidge has gone into administration and debt-laden Octaviar was on the brink of following suit last night as the Gold Coast’s property sector continued to implode. more

Creatively Different - Designed & Decorated with Artistic Flair

This ultra contemporary house is located in the Paradise Point suburb of Australia’s Gold Coast. The 14-room house is thoughtfully planned to offer open-concept social spaces and private spaces. This house is currently for sale with a $3.9-million price tag ( more info at Susan Crook Realty ), which includes the artful furnishings and all the details that make it a true masterpiece.

A STRING of multi-million dollar Gold Coast homes are facing a Thredbo-like landslide.

A report commissioned by the Gold Coast City Council has identified 49 properties perched on Currumbin Hill that are facing “high or very high” risk of landslides. read more

THE Gold Coast’s property market is in the ‘doldrums’ and there’s no end in sight for at least two years, says the city’s leading forecaster. The quarterly Prodap report has blamed the slump on cautious buyers who are concerned about rising interest rates and the perception that housing prices are falling, rather than going up. read more