Cairns news report – 15th May 2021

Here is my latest Cairns News Report, a complimentary summary of all the pertinent news stories on what’s recently been happening in and around Cairns.

If you missed any of the top Cairns news stories from the last week, here they all are below. Just click the title to read the full story.

If you ever have any comments or queries, or if I can help you in any way, please don’t hesitate to connect with me. I’d love to hear from you!

 

If you have not yet subscribed to receive my Cairns News Report each week via email, I invite you to 

 SUBSCRIBE HERE

 

$240M to Get City Moving, The Cairns Post – 10 May 2021

A surprise $240 million commitment is set to fix a congestion headache for Cairn commuters.  The plan to turn the Cairn Western Arterial Road into four lanes will fix a notorious traffic bottleneck and add the final piece of the Cairns Ring Road dream.

Hotel’s Glitzy New Style, The Cairns Post – 10 May 2021

CONSTRUCTION crews have moved to gut a tired old mainstay of the Cairns accommodation sector as its new owners prepare for a glitzy relaunch next month.  The former Rydges Plaza Hotel at the corner of Spence and Grafton streets was rebranded to Reef Plaza in February last year.

Motorists Rapt About Key Road Funds Boost, The Cairns Post – 11 May 2021

A CASH splash to bust congestion on major Cairns road has been applauded by motorists while remote Daintree residents have fingers crossed Tuesday’s budget will deliver on a long-awaited clean energy project. A $240m road package to fund duplication of the Cairns Western Arterial Road between Smithfiled and Caravonica will be formally announced in the federal budget.

Investors Expected To Ease Rental Crisis, The Cairns Post – 11 May 2021

THE rental market across Cairns remains tight, with less than  1 per cent vacancy rates – but there is one factor that may ease the crisis.  An emerging trend of investors expanding property portfolios will put more homes into the available pool, Karl Latham of Twomey Schriber Property Group predicted.

Welcome for Key Surprises, The Cairns Post – 12 May 2021

THE sheer scale of a $270bn outlay for Defence spending has raised hopes for the economy of Cairns — but not everyone is giving the federal budget a nod of approval. Advance Cairns chairman Nick Trompf’s ears pricked up when he heard the amount of money the federal government plans to spend on Defence over the coming decade.

Lavish Funding Amazes Business, The Cairns Post – 13 May 2021

CAIRNS leaders have been left staggered by a generous budget they say will help induce Far North businesses to step up and drive the economy, but there’s still one big-ticket item that was left off the list. While there was no allocation for more funds for the James Cook University Hospital project, Cairns campus director David Craig said that wasn’t a surprise.

Date for Palms Appeal, The Cairns Post – 13 May 2021

A COURT appeal against the controversial Paradise Palms development has been set down for September after a judge recused herself from hearing the matter because of a potential conflict of interest. Judge Tracy Fantin told the Cairns Planning and Environment Court she had recently learned, following submissions from the Paradise Palms Residents Association’s legal representative.

Airport Close to Capacity, The Cairns Post – 14 May 2021

CAIRNS Airport’s domestic terminal will operate at 100 per cent capacity during the coming peak tourism period with unprecedented demand for Far North holidays from Sydney and Melbourne. Airport head of aviation Garry Porter said the business operated at close to 80 per cent capacity during April.

Border Date Call is ‘Urgent’, The Cairns Post – 14 May 2021

A LEADING Far Northern tourism operator is calling on Prime Minister Scott Morrison to decide on a date when international borders re-open. Travel bubbles with countries including Singapore, Japan, Taiwan, South Korea and the Pacific Islands have been mooted but Skyrail Rainforest Cableway general manager Richard Berman-Hardman, whose business is 60 per cent reliant on foreign tourists, said it was high time the government named a date to open the country’s doors.

Hop, Skip and Jump on a New Road, The Cairns Post – 14 May 2021

THE beach-burb hop is set to speed up for residents of two waterfront suburbs as a major builder carves out a new link road as part of a subdivision deal with Cairns Regional Council. Kenfrost is pushing ahead with its 206-lot Deep Creek Estate on what is largely vegetated former cane farming land between Clifton and Kewarra beaches – although some outside influences are causing delays.

Big Hopes, Little Detail on Reinsurance Pool, The Cairns Post – 15 May 2021

FAR Northern insurance brokers are both sceptical and hopeful that the promised $10bn reinsurance pool will actually reduce premium costs. Announced prior to the federal budget, the proposed pool would have a $10bn guarantee and is hoped to slash premiums that are crippling homeowners in the Far North.

Staying still has Rewards, The Cairns Post – 15 May 2021

THEY are the hardest suburbs to crack in Queensland, where homeowners could be sitting on a property goldmine but refuse to leave. With demand for homes outstripping supply, new data from REA Group reveals the suburbs where owners hold on to their properties for the longest, and some are in the state’s hottest markets.

Help On the Menu, The Cairns Post – 15 May 2021

TREASURER Josh Frydenberg has served up a feast of initiatives aimed at getting people back in work and satisfying the appetite of Far North businesses for skilled staff. It included plans to double the Job Trainer fund, plus $2.7b for apprenticeships. The big-spending package of measures had all the ingredients of a pre-election budget.

 

Cairns Mortgage Broker – Jason Thomson is a Mortgage Adviser and Finance Broker based in Cairns with clients all around Australia. Client reviews featured on his website prove that Jason is a trusted industry professional, facilitating great outcomes for his clients. Using his wealth of experience in financial services, he thrives on delivering superior service. Jason is very approachable and is always looking for new clients to help in the often confusing world of finance and property. Offering a no fee service, you’ve got nothing to lose by having an obligation free chat with Jason today.