News

Community bank given a boost

THE push for a community bank at Woodburn has been given a boost, with the Richmond Valley Council assigning term deposits valued at about $2 million to the proposed local branch.

The Mid Richmond Community Bank Project has also surpassed its pledge target of $600,000 and is sitting at about $615,000.

"Whilst it has been a lengthy process, have no doubt our community bank project is alive and well," the project's Daniel Simpson said.

"Richmond Valley Council helped us greatly by putting some money on term deposit with Bendigo Bank, and they offered us $2000 toward the cost of the feasibility study."

Mr Simpson said the project committee was waiting to hear from Bendigo Bank before it could proceed to the next step in the project, to commission the feasibility study.

He said the study would be completed by a person independent of the project and of Bendigo Bank to assess whether the bank would be viable in the area.

"We would love to have the feasibility study completed by Christmas," Mr Simpson said.

"Once that is complete and, assuming it is favourable, then we would be looking at launching a prospectus in the new year with a view to opening the branch mid-next year."

Council general manager John Walker said Bendigo Bank paid good interest and the term deposits were triple-A rated investments.

"It was relatively easy for us because Bendigo Bank is already a bank we invest with," Mr Walker said.

"We were encouraged by the fact they had achieved the first milestone, which was $600,000 of pledges, and we believed we should support it in the next step.

"It would be great if Woodburn had a bank."



Don’t go chasing waterfalls…find them on these drives!

BRISBANE isn’t all bright lights and city slickers.

Science Festival seriously awesome

Don't miss the World Science Festival Brisbane!

CALLING everyone who wants to see something totally cool.

Drink where the cool kids do this summer

There are a bunch of new bars open in Brisbane, make sure you're there!

CHECK out these new funky bars.

Discover Brisbane’s laneway gems

Brisbane's laneways will surprise you.

NOT all of Brisbane City is as it seems…

Top five things to experience this summer in Brisbane

Tangalooma is amazing if you're keen for a dive, kayak or swim.

THIS summer get out and explore your capital city.

Your boots are made for walking these tours

Brisbane Greeters tours are a great way to learn the local history of the city.

YOU don’t need a bike or bus for a seriously good tour of Brisbane.

Is Brisbane the new arts and culture capital?

Check out GOMA's latest exhibition - it's all about hair! GOMA 10 Ambassador Patience Hodgson visits Nervescape V 2016 by Icelandic artist Hrafnhildur Arnardóttir (aka Shoplifter), commissioned for ‘Sugar Spin: you, me, art and everything’ at the Gallery of Modern Art, Brisbane. 
Photograph: Natasha Harth, QAGOMA

THE rest of the world should be envious of this line-up!

Top 6 infrastructure projects in the Tweed for 2017

The Gold Coast Airport is getting an upgrade.

Find out what's going in the Tweed.

Town convoy to get behind Black Rocks Men's Shed

BACKING: Black Rocks resident Matthew France (left), Pottsville Men's Shed president Michael Ryan and Tweed Councillor Reece Byrnes at the Black Rocks sports field where the councillor recently announced his support.

Convoy of support for new Black Rocks Men's Shed set for Pottsville.

Local Partners

REVIEW: Under the Gun doco looks at right to bear arms

WOULD you ever carry your baby and a semi-automatic gun to the shops?

Hodges proud to be part of first channel dedicated to NRL

Justin Hodges is gearing up for his new gig on Fox League.

Footy star hopes to provide a voice for players on new NRL channel

Furious Price wants to quit I'm a Celeb after clash with Keira

Steve Price has threatened to quit the jungle.

Will camp ration clash with Keira cause Steve to call it quits?

Novel with lots of heart

The romance in A Quiet Kind of Thunder was only one of the joys of the book.

Book proves to be a gem with layers

New festival joins Quiksilver Pro party

Australian rockers the Rubens will headline the inaugural Cooly Beachfest at Queen Elizabeth Park, Coolangatta on March 18

Cooly Beachfest 2017 officially takes off

Live music: Boogie on down this weekend

Moreland & Arbuckle will be playing the Currumbin Soundlounge on Friday from 8.30pm.

Gig Guide: What's on around Tweed (Feb 23 - 27)

Bliss N Eso announce tribute show for stuntman

Bliss N Eso will play a tribute show at Coolangatta in honour of Johann Ofner. The stuntman died during the filming of the group's Friend Like You film clip earlier this year.

BLISS N Eso to play tribute show to raise funds for killed stuntman

$140k damage: landlord says property trashed, contaminated

He had what he calls "the tenants from hell"

Top 6 infrastructure projects in the Tweed for 2017

The Gold Coast Airport is getting an upgrade.

Find out what's going in the Tweed.

Submarine, buses and 3000 tyres removed in $100K clean up

The list of things removed from this property is beyond astonishing

Ready to SELL your property?

Post Your Ad Here!