Developers use new report to warn of FIFO trend

BUILD THE BASIN: Surat Basin Property Group has commissioned a major research project hoped to prove the longevity of the resource boom and the need for continued housing development approvals.
BUILD THE BASIN: Surat Basin Property Group has commissioned a major research project hoped to prove the longevity of the resource boom and the need for continued housing development approvals. Harry Clarke

DEVELOPERS are warning local and state governments that the Surat Basin's fly-in-fly-out population will become an irreversible trend if immediate measures are not taken to approve residential developments across the region.

The Surat Basin Property Group has commissioned what they say is the first complete study into the long term population growth expected from the region's resource boom.

Projections in the report, which was carried out by resource industry strategists MacroPlan Dimasi, suggest rapid growth could continue in the region or at least another 30 years.

Head of sales and marketing at SBPG Wayne McPhee admits the company has a vested interest in the findings but said the wider community stood to benefit from housing approvals because they would ease rental market pressures and allow more people to move to the region permanently.

"This is first time any organisation has actually pulled together the numbers from the various gas companies and then applied economic formulas," Mr McPhee said.

"(The study) gives us is a pretty clear indication of future growth and the requirements for housing and we are a bit behind in accommodating the growth in our residential areas.

"Action needs to be taken almost immediately to overcome this or else it will go beyond the point of being able to claw back.

"If the council decides that they are not going to spend money on infrastructure ... then the communities will see more FIFO camps."

However, Western Downs mayor Ray Brown said a hurried solution to housing pressures and development was neither practical nor economically feasible.

"It would be lovely to have everything overnight but someone has to pay for it," Cr Brown said.

"We've got $116 million to spend on water sewerage just for Chinchilla and Miles in our 10-year plan, but you just don't pull that out of your back pocket.

"Crystal ball gazing is great but we've got to put a reality check in place.

"We know a lot of developers would love to see a lot of things done for their reasons but we have to make sure everything's done for community's reason."

Topics:  approvals boom chinchilla developers development estate fifo housing mining residential surat

Stay Connected

Update your news preferences and get the latest news delivered to your inbox.

Kidman cattle empire won by Gina Rinehart, Chinese

Gina Rinehart

Scott Morrison says Australians will hold majority interest

Broncos turn up the heat in Dalby

FAN DAY: Lincoln and Troy Smith with players at the Arrow Energy Brisbane Broncos fan day in Dalby.

The Broncos come to Dalby

Local Partners

Council's guide to the summer holidays in Maranoa

Maranoa Regional Council has organised a Summer 16/17 School Holidays Guide to keep children of all ages entertained over the break.

Kernaghan's a 'boy from the bush' with a timeless quality

Country music singer Lee Kernaghan.

Lee Kernaghan is celebrating the 25th year of his breakthrough song.

Man builds playground entirely out of packing tape

Artist Eric Lennartson is in the process of completing his huge tape sculpture at the Ipswich Art Gallery.

VIDEO:And here's where you can play on it.

Countdown to Woodford Folk Festival begins

ECONOMIC BOON: Woodford Folk Festival is celebrating its 30th anniversary this year.  Photo Contributed

The first larger-than-life inhabitants have stepped into Woodfordia

Kylie Minogue: I want to get married soon

Pop star Kylie Minogue has revealed she hopes to get married soon

Amanda Seyfried lets slip the sex of her baby

Amanda Seyfried has suggested the sex of her baby

Meet the Brisbane breakfast radio king's replacement

Craig Zonca ABC Radio

ABC announces Craig Zonca as the replacement for Spencer Howson

How predictable are your Netflix habits?

Stranger Things is taking the world by storm as a new-age nostalgic Sci-Fi Thriller

The new entertainment binging pattern

Kanye West is on the mend now he's back from hospital

Kanye West is more relaxed since returning home from hospital

WATCH: The young Aussie actor playing Barack Obama

A screenshot of the trailer for Barry, a new film from Netflix.

Aussie teen nails Obama's early university years

Ipswich City Properties asset portfolio retains its value

Ipswich City Council Administration Building, South Street, Ipswich. Photo: Claudia Baxter / The Queensland Times

New website launched by Ipswich City Council

INSIDE STORY: The highlights of your $150 million CBD

GRAND PLAN: The highlights of the Ipswich CBD redevelopment and where they will be located.

Work on city heart's radical transformation to begin next year

VOTE IN OUR POLL: Sand mine opponents face serious dilemma

Public meeting for the proposed sand mine at Maroochydore last week.

Coast MP calls on Minister to stop KRA proposal with stroke of a pen

Developer's grand new multi-million dollar estate

NEW ESTATE: This is the only plan revealed by the property developer's new Billabongs Estate in Agnes Water.

DEVELOPER given the go ahead for a massive estate with 149 homes.

Couple's desperate $550K price drop to sell Gladstone home

Brian Headley and Kirstene Staib are selling their Kin Kora mansion for $750,000.

TELL tale sign of Gladstone's property market.

Ready to SELL your property?

Post Your Ad Here!