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Reductions For Resource Red Tape Could Be Good For Bulimba Real Estate

By Adrienne McTavish

The Queensland Newman government's Resources Cabinet Committee recently released the decision to reduce the amount of red tape on the state's resource industry, which could be good news for anyone looking to invest in Bulimba real estate.

The decision is intended to make it easier for investment in the rich resource landscape of Queensland, and to help increase the amount of jobs available in the state.

Deputy premier and minister for state development, infrastructure, and planning Jeff Seeney said in a July 17 statement that the decision was made to help secure Queensland as a global resource leader.

"The committee is focused on working to reduce the onerous red-tape burden on resource companies and our new approach to developments will make it easier to invest in the state’s resources," Mr Seeney said.

One of the main changes proposed is a streamlining of the environmental impact statements (EIS) process, which ensures that any major projects being undertaken won't cause extreme damage to the surrounding environment in the process.

The potential for new jobs and investment opportunities in the state could be fantastic news for anyone looking into houses for sale in Bulimba. Get in contact with the team at Ray White Bulimba and begin your search for your dream home today!

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