Joe Browne with some of the used paint tins at Holmestown Recycle Centre
There was a massive 30% rise in the tonnage received at bottle banks in Wexford last year, representing an extra 1,000 tonnes of glass and cans. In 2019, the figure was 3,300 tonnes and last year, it was 4,327 tonnes. From the minute the first lockdown came last March, it never let up, said Peter Byrne, Senior Services Supervisor in the Environment section of the Council. The bring centres would have been as busy last April, May and June as they would usually be at Christmas and that has continued during the year.
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Property giant Stockland has boosted its residential pipeline with the acquisition of master-planned community south west of Brisbane. The ASX-listed company has bought the 700ha Providence residential community in Ripley Valley in a transaction valued at about $193m to be paid over six years. The master plan vision is to create a community of more than 20,000 people over the next 20 years including an education precinct, sporting grounds, a town centre and extensive transport connections. More than 1500 residential lots, two schools, sporting facilities, a cafe, and sales and community centre have already been delivered, and the master plan proposes more than 6000 additional new homes.
Stockland opens the door to $2b Ipswich housing estate
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Stockland has taken over development of one of south-east Queenland’s largest residential estates in a $193 million deal, investing heavily in its expectation of strong housing demand in the Ipswich region.
The 700-hectare Providence estate in the Ripley Valley has had 1500 lots developed already with the masterplan proposing a further 6,000, enough capacity for another $2 billion in lot sales over the next 20 years.
Stockland chief executive for communities, Andrew Whitson expects the record-low interest rate environment to underpin demand for the residential market over the medium term.
“This acquisition aligns with our strategy to restock our development pipeline with well located, market-ready projects in areas with strong demand fundamentals and expected total returns above our hurdle rates,” he said.