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the rent is subsidise by the mining company to bring worker in to town .one thing i was told is the mines have moved away from the camps for workers idea to much trouble,paying workers directly the rent subsidise .with blackwater spoke to the pm and she said most of the new rent contacts were for 2 year .but one thing about coal the price for 2008 contracts will fund work for years to come ,mining companys don't think 1,2 years as this slow down will last. mining companys think in 10,20years.the australian coal mines were caught lacking in the last run, when it all starts again hopefully we will be on the ball.big chinese companys buying into australian mines is a shore sign it is not over.
the rent is subsidise by the mining company to bring worker in .steve only time will tell if your right about mining towns.but one thing about coal the price for 2008 contracts will fund work for year to come ,mining companys don't think 1,2 years as this slow down will last. mining companys think in 10,20years.the australian coal mines were caught lacking in the last run, when it all starts again hopefully we will be on the ball.big chinese companys buying into australian mines is a shore sign it is not over.
rang pm today
blackwater is firing rent r going through the roof . $550-800 for a 3-4bedroom.(note the rent as of moranbah &dysart but good start) got hit bad by the infrastructure thing but it is coming back .it's got the good stuff and alot of it .power is what everyone will want even if the economy slows.and this is from a man big in to iron ore.Pepsimax wrote:HI Everyone,
Can anyone tell me a bit about Blackwater?
We bought a property there 18 months ago,
it's going quite well, but we haven't been up there to visit it yet.
Thanks
Jude
