emuarse
Chilla Wilson (44)
Can we come back to the $900k operating profit the QRU posted, that’s pretty impressive. Probably the largest of any OZ super rugby team in a number of years. Sounds like the new SANTOS sponsorship is pretty lucrative.
As far as the Ballymore $850k depreciation goes, not really a concern if the new development gets up and running, still waiting on the QLD Govt to come to the party on that one.
Also on Ballymore, earlier this week the previously approved DA was extended until Aug 2022, whilst still 2 years less then what they sought it’s still a big win, essentially that’s now the window for construction. It’s far easier to amend a DA of that scale then to start from scratch. Especially since the original DA was quite large and extensive.
Next step we will either see QLD Govt funding or DA amendments with what the new plans look like..
As the Queensland govt is currently spending more than it is earning, and prefers the Suncorp environment, I would say the second option is the more likely