April 22, 2013
The South Burnett economy is performing better than bigger regions such as Gympie and Bundaberg, the Kingaroy Chamber Of Commerce and Industry was told tonight.
Economic modeller Reuben Lawrence, from Lawrence Consulting in Toowoomba, told the 35 people who attended the KCCI Meet’n’Greet at Room Motels that he’d recently prepared a comparison between the South Burnett and other Wide Bay-Burnett regions for the South Burnett Regional Council.
The study measured 10 key economic performance indicators which showed a region’s true long-term economic health.
They included such things as population growth, average income and productivity.
In most of the key indicators, the study found the South Burnett performed better than many of its neighbours, Mr Lawrence said.
In addition, the region was likely to experience good population growth in future years.
The meeting was also addressed by Robert Paull, from Room Motels, who explained his company had selected Kingaroy as the town to found their motel chain because the South Burnett Regional Council was “much easier to deal with” than some other councils.
Mr Paull said his company’s motel was put together using prefabricated units that were built in China, then assembled on the Youngman Street site and finished off by local contractors.
The company is planning to build two new motels – one in NSW and one which will open shortly in Moura.
It also has more plans for Kingaroy … the company also hopes to erect several prefabricated homes in Kingaroy in the foreseeable future.
Mr Paull said the principal reason for using prefabricated construction was that it enabled buildings to be erected at much lower cost and much faster without compromising on quality.
The KCCI’s next Meet’n’Greet will be held on Monday, June 3 (at a venue to be announced).
Mr Steele encouraged all members to invite a friend along to the next meeting.
“The KCCI is growing and we want to keep it growing,” he said.
- Related article: Businessmen Believe In Kingaroy
