NT Darwin Meetup Thu 19 April

We'll try this Meetup thingy again. Lots happening in the town at the moment and it all could go either way. It's a good time to bang heads together over a beer!

Where - The Cav (Cavenagh st) @ 6pm (April19). Come one come all.

Please RSVP in this tread so I'm not left hanging...

@aussieB @josh76 @Cards @Purple Patch @Darwin55 @bamute @Alex McDonald @dsw7 @Seabreeeze_99 @Longrass
@Seby643

 

Count me in
PP

 

Ok peeps we have a small but eager quorum.

See you all tomorrow at 6. Outside on the deck of the cab. I'll be wearing a black hat.

 

I am eager to meet you all. See you then

 

I can’t make it but thanks for the invite.

 

I might be slightly late. By 15 - 20 minutes, if that.

 

Your shout then....

(Just kidding)

That's fine.

 

Sorry guys I cant make it today.

 

Now it really is your shout....

Hopefully you can make the next one.

 

First meeting went well, small turn out, good all the same.
Hope to have another one around the end of June.
Any suggestions for dates and venue would be good.
Also threw around the idea of playing cash flow game
Any interest?

 

Hey @hammer lots happening ... tell me more ? I've got an investment up there, city unit, we've held onto it since we purchased in early 2012 as a ppor... I'm hearing talk of fracking being given the green light ... loads of jobs being created ... what are people's thoughts about this and impacts on the market in the next few years ? Cheers Anna

 

Oh dude, I wish I had a crystal ball! The good news is Fracking has been given the green light, direct china flights have started and the current NT government seems to be more or less functional. The scene is set for improvement.

The bad news is that INPEX still has to switch over to production phase and all the coin from fracking is 2 years off. Then there's the issue of appartment oversupply in the CBD....

My educated guess is we're at the bottom. It'll bounce along for another couple of years then start heading up again.

 

Cool thanks ... this is what my hubby's mate who owns a real estate company up there told us (bottoming out soon) so I was hoping it was others' thoughts ! Let's hope it's good news ahead in the next few years then !

 

Yeah. I hope so.

Just bear in mind that the CBD unit market might take a bit longer...

 

I think Darwin prices will drop a lot further. There’s still approx 6000 workers at inpex that will pack up and leave soon.

There are so many apartments empty.

I really don’t get why they are still building.

Hopefully some more projects kick off soon.

 

Here is a summary for Darwin April 2018

The month after Cyclone Marcus Darwin has seen a big clean up with many of the downed street trees cleared away. A job advertisement that brought a smile to my face was the position of Director Migration Northern Territory, a well-paid job but with a current 0.01% migration rate I hope the successful applicant has a positive attitude.

A thought is the trend to encourage people to migrate with a bounty paid for employers who employ from the south may make it hard for Territorian’s to get those jobs.


The Jabiru picture from ABC Darwin Facebook article:Jabiru Photos at Casuarina Beach

Here are some items of note from the month of April 2018.

26/4/2018 - Thursday
Mindil Beach markets start for this dry season.

25/4/2018 - Wednesday
Large crowds are seen in the city for Anzac Day activities including the Dawn ceremony.

In Nightcliff, public housing complex John Stokes Square is to be demolished. A $25m police station and housing are to be constructed.

24/04/2018 – Tuesday
1,600 US Marines arrive for this year's rotation.

23/04/2018 – Monday
Federal Government tops up GST income shortfall of $259m.

22/04/2018 - Sunday
Myilly Point development gets cancelled, $50m not to be spent on a duplicate museum.

21/4/2018 - Saturday
NTG announces 100 government jobs to go. Pay freeze for public servants.

Confusion over the NTG plan to tax vacant blocks of land in the CBD, which blocks are included which are not?

ABC looks at rental vs purchase in Darwin Curious Darwin: Why is rent in Darwin so high?

20/04/2018 – Friday
The federal government announces $160m for upgrades to the Outback Way.

19/4/2018 - Thursday
CoreLogic research director Tim Lawless calls a 1% increase in housing value in the NT. Monthly Housing Market Update, April 2018 Release see the National review at about 1:50 m.

18/4/2018 – Wednesday
Tenders for passengers to Tiwi and Mandorah for 60 months.

A new mining royalty model announced for the NT.

17/4/2018 - Tuesday
The Northern Territory Government announces fracking to go ahead. Read more here Home - Hydraulic Fracturing in the Northern Territory

14/4/2018 – Saturday
NT Town Camps review is handed in, later NTG announce federal spending on remote housing.

13/4/2018 - Friday
Direct flights between Shenzen in China and Darwin in the NT are to be flown by Donghai airlines.

12/4/2018 – Thursday
Jetstar to fly Brisbane to Uluru.

11/4/2018 - Wednesday
Tenders awarded for seven road upgrade/maintenance projects of a value of $40m.

10/4/2018 - Tuesday
Larrakeyah Barracks and Naval operations have been given a $500m budget, finish by 2023. Public hearings to be held in Darwin for these developments in the near future

8/4/2018 - Sunday
Ludmilla Primary school is to get a revamp, good news for a school that was threatened with closure.

Prince Charles visits Darwin.

6/4/2018 - Friday
Tenders invited for the previously conversational Dan Murphy's liquor shop at Darwin Airport.

AACo abattoir at Livingstone is under strategic review due to exchange rate and high cattle prices.

5/4/2018 - Thursday
A cut to Northern Territory GST revenue of over $100m has been announced.

Palmerston City now has a new council after quite some time and turmoil.

Public meetings announced about upgrades to Larrakeyah Barracks and Naval operations.
Out and About April 2018

Regards
Nick Kirlew