Booming coal and coal seam gas industry creating thousands of jobs

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Queensland‘s expanding coal and coal seam gas industry has created 5000 new jobs in Gladstone and will add another 2000 this year, according to the Gladstone Economic and Industry Development Board.

According to The Gladstone Observer GEIDB chairman Leo Zussino said Gladstone was a "stand-out economic success" because of the resources industry.

"Another 2000 jobs will be added this year taking the total to over 7,000 new construction jobs by the end of 2012," he said.

Zussino said the construction workforce for LNG and coal projects would peak at 11,000 by next year and there were "significant job opportunities" for those with the right skills.

He said expanding accommodation facilities in the region would also ease rising housing tensions.

But the comments run contrary to the opinion of other housing experts in Queensland, who have predicted prices to continue rising in the short term.

Earlier this year Moranbah Real Estate manager Bella Exposito told Australian Mining Bowen Basin prices looked set to rise another 20 per cent.

Rising house prices have been plaguing Queensland’s resources regions for several years now, an unwelcome side effect of booming mining investment.

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