Feb 03, 2021

Roadmap released in plea to unlock NQ growth

Roadmap released in plea to unlock NQ growth

Townsville Enterprise has released a roadmap that urges the Federal Government to unlock North Queensland through policy reform and investment towards key industries. 

Hells Gates Dam, lowering energy costs through projects like CopperString 2.0, the Mount Isa to Townsville Supply Chain, and Defence industry are among the priorities it is pushing in a Federal Government Budget Submission.

The submission was developed with Townsville, Burdekin, Charters Towers, Hinchinbrook, and Palm Island councils and the business community.

Townsville Enterprise interim chief executive officer Wayde Chiesa said the impacts of COVID-19 during the past year illustrated just how important North Queensland was to the nation’s economy. 

“Without the region’s key industries such as agriculture, mining, minerals processing, Defence and health, the national economy would look much different today,” Mr Chiesa said. 

“Whilst no industry or region has been immune to the impacts of the pandemic, and despite still recovering from natural disasters, our region did and can play a leading role in our national recovery and keep Australians in jobs. 

“There are more than $680 billion worth of untapped commodities along the North West minerals province,  if we were to unlock even a quarter of this by providing affordable power and more efficient transport networks, we can only imagine the jobs it can create for our community.” 

While highlighting what Townsville Enterprise describes as a strong pipeline of nation-building projects, the submission also seeks action on issues acting as a handbrake to the region – such as the cost and coverage of insurance and the overdue need for reliable and affordable power. 

Townsville Enterprise will lead a delegation of the region’s mayors and project proponents to Canberra later this month to promote the importance of the projects and policies included in the submission ahead of Treasurer Josh Frydenberg’s May Budget.