Rockhampton in good financial shape for Adani hub

ROCKHAMPTON’S chances of beating rival Townsville to be the fly-in-fly-out hub for Adani’s proposed $21.7 million Carmichael project have improved with the release of Queensland Audit Office's 2015-16 Local Government financial report.

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Rockhampton in good financial shape for Adani hub Rockhampton in good financial shape for Adani hub Rockhampton in good financial shape for Adani hub Rockhampton in good financial shape for Adani hub Rockhampton in good financial shape for Adani hub

Rockhampton in central Queensland.

The report found that on the issue of ability to repay debt from operating revenue, Rockhampton was ranked low risk with a score of 38.48% while Townsville Regional Council scored 88.

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