McCathies Real Estate management and staff extend to you and your family our best wishes for a very Merry Christmas and a Happy New Year.

The annoucement last week fron the Queensland Government confirming plans for more terminals at Abbot Point has the potential to impact the Burdekin. As stated these developments could be worth an investment of $9 billion and deliver tens of thousands of jobs. The Premier commented, it will increase the exprot capacity of the port to almost 400 million tonnes per annum, making it on the largest coal export facilities in the world. This certainly would make 2012 an exciting year. From our point of view we are ideally located just 40 minutes drive North of Abbot Point. Housing affordability in the Burdekin will be a strong driver for investors an owner occupiers. We will be watching this progress very closely.