Cairns news report – 8th 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.

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Build Back Brighter, The Cairns Post – 3 May 2021

The Far North economy is bouncing back from the COVID downturn with a few key sectors leading the way.  Flights are soaring to pre-pandemic levels while home building and renovations are enjoying a boom. A CLEARER picture of the Far North’s economy recovery is in sight with strong indications.

Insurance Rescue,  The Cairns Post – 4 May 2021

Soaring insurance premiums will be targeted with a new $10 billion federal government guarantee for a reinsurance pool covering cycle and flood damage across Northern Australia.  Prime Minister Scott Morrison will touch down in Cairns on Tuesday to announce the project after years of skyrocketing insurance costs.

Plans for Old Resort Site,  The Cairns Post – 3 May 2021

A NEW two-storey medical centre and office building could be the latest commercial development to go ahead in North Cairns. Townsville-based builder Kier Constructions has lodged plan with Cairns Regional Council to realign the boundary to create two lots at the corner of Charles and McLeod streets.

Luxury Home to be Castle by the Sands, The Cairns Post – 4 May 2021

They come in all shapes and sizes – but the word “duplex” does not usually conjure up the images of luxury and excess that are part and parcel with this beachside Cairns development. Developer Liral Investments is embarking on one of the city’s swankiest projects with the construction of a dual-occupancy residential development at Trinity Beach.

Uni Designs on site, The Cairns Post – 4 May 2021

James Cook University is wasting no time pushing ahead on the Cairns University Hospital project with a new development application revealing how much land is now at its disposal. The city is eagerly waiting for the full design for JCU’s $50m Cairns Tropical Enterprise Centre after a land deal was finally brokered last month.

Customers Dream of Plunge in Premiums, The Cairns Post – 5 May 2021

Cautious optimism has hit the Far North as property owners hope a $10b insurance shake-up will finally reverse years of crippling premium hikes. Prime Minister Scott Morrison’s visit to Cairns to spruik a $10b guarantee for the Australian Reinsurance Pool Corporation to cover cyclone damages has raised expectations of a dramatic drop in premium prices.

$155m for navy upgrade, The Cairns Post – 5 May 2021

PRIME Minister Scott Morrison has launched a $155m investment in the Cairns naval base, promising a boost in personnel and construction jobs. Mr Morrison toured HMAS Cairns during his visit to the city on Tuesday to announce the works to support the new Arafura Class Offshore Patrol Vessels.

$200m Federal Budget Win for the North’s ‘Corridors of Growth, The Cairns Post – 6 May 2021

THE federal government’s major “refresh” of its Northern Australia development blueprint will include a new multimillion-dollar investment package focusing on “corridors of growth” – including Mt Isa to Townsville and Cairns to Gladstone. The $190m funding package, to be included in next week’s federal budget, will be designed to “develop the north” by helping businesses diversify and expand through co-investment grants.

Ready For Showtime The Cairns Post – 6 May 2021

TOP-line entertainers Guy Sebastian and the Ten Tenors highlight the 2021 schedule at the soon-to-be-reopened Cairns Convention Centre after delays to stage one of a $176m upgrade. But a Cairns Taipans return to their home court ahead of the NBL season end is unlikely. New carpet, sound systems and lighting has been installed at Cairns’ premier function venue.

Rich-lister launches Prestige Beach Estate, The Cairns Post – 7 May 2021

THE first prestige land release in 15 years at Port Douglas has been officially unlocked by one of Queensland’s richest developers. The Seymour Group, owned by Kevin Seymour (right) whose family has amassed an estimated $700m fortune, has been completed next to Four Mile Beach with 15 freehold lots currently selling for between $455,000 and $1.4m.

Japan Link in Doubt The Cairns Post – 7 May 2021

AN interim decision by the Australian consumer regulator has cast a shadow over the future of a game-changing air link connecting Cairns and Tokyo. In March a joint venture between Qantas and Japan Airlines proposed a tri-weekly service aboard a flying kangaroo Airbus A330 after the relaxing of international travel restrictions.

Wind Farm Optimism, The Cairns Post – 7 May 2021

THE company behind a $370m Ravenshoe wind farm project blackballed by Northern Australian Minister Keith Pitt is optimistic the project will go ahead without federal financial support. On Wednesday Mr Pitt exercised veto powers to block French firm Neoen from receiving Northern Australian Infrastructure Facility (NAIF) funding for the Kaban Green Energy Hub at Ravenshoe, about 120km west of Cairns.

Proposal to Green Light Japan Route, The Cairns Post – 8 May 2021

CAIRNS business leaders are confident an interim decision to reject new Japan flights arriving in the Far North by the competition regulator can be reversed if metropolitan destinations can be pulled from the proposal. Earlier this year Japan Airlines joined Qantas to propose a new triweekly service between Cairns and Narita

Palm Cove Scores a Top Mark,  The Cairns Post – 8 May 2021

HOUSE prices are soaring across regional Queensland, with one Far North beach suburb standing head and shoulders above the rest as the place for wealthy buyers from Sydney and Melbourne. New analysis shows that buyers are looking for property gold in regional Queensland and they are not afraid to drop some serious coin in order to secure their own slice of paradise.

Appeal Delays Retail Project,  The Cairns Post – 8 May 2021

PLANS for a new shopping centre at Trinity Beach have been put on ice again after the proponents behind a rival centre won an appeal to have their stoush returned to the Planning and Environment Court. Trinity Park Investments, who are behind the Smithfield Hub site proposed for the Captain Cook Highway, had argued against a judge’s decision last year.

Short Supply Boosts Prices,  The Cairns Post – 8 May 2021

HOUSE and unit prices have grown across most of the Far North according to new data, but buyers have been warned the prices stem more from a lack of available housing. House prices soared in 710 suburbs across Queensland over the last three months, with over half of the top performers located in the regions.

 

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