Why new factory is important part of nation’s future

  • By Peter Gordon
  • 11 Apr, 2022

Another  great article for our clients who have purchased in the Maryborough area, this munitions factory will add more than $100 million in economic output to the Australian economy, including $36 million within the Wide Bay area alone. 

Touring the $60million munitions factory in Maryborough on Tuesday Deputy Prime Minister Barnaby Joyce stressed the importance of the nation having the capacity to supply its own defence force against “pertinent threats”.

It comes as the Rheinmetall NIOA Munitions artillery shell forging plant on marks another milestone with construction completed.

The factory, located at the Moonaboola Industrial Estate, will use state-of-the-art equipment, including a 1200-tonne hot forging press, to produce the world’s most technically advanced 155mm calibre projectiles for the Australian Defence Force as well as export markets.

Mr Joyce said there was no point beating around the bush when he addressed issues surrounding the nation’s security at the walk through.

“We see the geopolitical circumstances of our part of the globe,” he said.

“Once upon a time it was the geopolitical circumstances of Europe, now it’s the geopolitical circumstances of our areas.

“I absolutely believe in the liberties and freedoms that come from a democratic nation, the capacity of people to express their views no matter what they may be.”

But the only way to keep that democracy was to “be strong,” Mr Joyce said.

“Strength itself is a deterrent and that’s what we must be.”

Agriculture, manufacturing and understanding fuel security were key to Australia’s future, he said.

“And obviously to have a defence capacity that will never be the size of pertinent threats, but will have the proficiency and the expertise and the excellence to be not worth the fight.”

Mr Joyce praised Wide Bay MP Llew O’Brien, who was unable to be at the walk through as he continues to recover from his injuries after a motorbike crash.

Mr O’Brien suffered a fractured skull at Lakeside Park Raceway at Kurwongbah north of Brisbane on July 17.

Australian company BADGE Constructions led the building phase for the $60m project which has had multi-level government backing with a $28.5m injection from the Federal Government’s Regional Growth Fund on top of $7.5m from the Queensland Government’s Regional Jobs and Investment Fund.

“We began work in Canberra three years ago on bringing this project to Maryborough, so today our region can share in RNM’s pride to finally see the concept become a reality,” Mr O’Brien said

“The Rheinmetall NIOA Munitions plant heralds a new chapter for a region that has a strong industrial heritage, creating 100 ongoing jobs and potentially adding more than $100 million in economic output to the Australian economy, including $36 million within the Wide Bay area alone.

“This shows how the Federal Government’s investment in industry is helping to create local jobs and firmly puts Maryborough on the defence industry map, creating a better future for our region.”

Mr Joyce said the project had delivered immediate and long-term jobs for the region.

“The is a shining example of the Federal Government’s Regional Growth Fund doing its job. Boosting confidence, inspiring innovation and creating jobs that strengthen regional communities,” he said.

More than 590 site inductions for workers were undertaken during the construction phase with just over 60 contracts placed for goods and services. The Wide Bay region and Southeast Queensland were the big winners with 55 contracts accounting for 98 per cent of the project spend.

The administration office and entry foyer to the 7000sqm facility was constructed using locally grown timber from Maryborough-based Hyne Timber.

When fully operational in 2022 the plant will have the capacity to produce 30,000 shell cases per year with a workforce of up to 100 from line supervisors, skilled operators, maintenance staff, labourers and apprentices.

NIOA CEO and Rheinmetall NIOA Munitions Deputy Chairman Robert Nioa said the factory would bolster the local economy while delivering true sovereign industrial capability.

Australia currently imports artillery shell cases from overseas for use by the Army in both training and combat.
“From concept to completion, it’s been two years, so it is very exciting to see the end result. It is a magnificent-looking building, and we can all be proud of this,” Mr Nioa said.

“RNM is committed to playing a key role as regional economies recover from the pandemic while producing the best equipment for the ADF and supporting government at all levels in their endeavours to create new domestic manufacturing opportunities in the defence sector.”

Article courtesy The Courier Mail 21/7/21

If you're looking to invest in the property market for the first time or are a seasoned investor looking for options, we'd love to chat with you!

Let us assist you and show you opportunities that are available, check out our
 property page or contact me for a Zoom meeting.
schedule a Zoom Meeting  here 


By Peter Gordon April 26, 2023

Quiet simply, the Palms is the place to buy!

The northern beaches of Cairns is the Nation's best location for property investors right now, and The Palms is the premier development in this boom region.

It has the best location being elevated and backing onto the rainforest. It will have amazing facilities with a shopping village, a primary school, parks and green open space, a water park and an expanse of wildlife corridors.

It has taken the developers three years to get planning approval for this unique development to be able to hit the market. There are only 300 lots spread across 85 acres of the best land in The Northern Beaches.  Residents will have an abundance of open space right at their doorstep.  The Palms is also the only Certified Enviro Development project in Far North Queensland.

> Cairns Snapshot

By Peter Gordon April 20, 2023

Sydneysiders and Melburnians, put aside your equally outstanding flat whites for a moment. Stop bickering about whether great beaches beat cool laneways (they do) and desist from debating whether all baristas require waxed moustaches (ideally).

Because Brisbane is closing in on the title of Australia’s best city, and we must join forces to keep this subtropical upstart in its place.

Time  magazine recently named Brisvegas on its “World’s Greatest Places” list, and omitted our cities. It’s a huge shock (and who knew they still published Time  magazine?). But they might be onto something.

Time  points to the 2032 Olympic and Paralympic Games, which will be hosted in the maroon metropolis. Brisbane will do a fine job, even though it’ll baffle the world when rugby league is added to the schedule and Queensland is allowed to field its own team.

Time’s  most radical claim is that Brisbane is worth visiting now, but tourism is surging. Not only did Lin-Manuel Miranda recently drop in to catch Hamilton , but hundreds of Hamilfans flew up to watch his interview with Leigh Sales (presumably unaware that it would subsequently arrive on iView for free).


By Peter Gordon April 6, 2023
This small duplex development just a short drive from Hervey Bay on Queensland’s beautiful Fraser Coast, offers an incredible lifestyle at an affordable price. With unprecedented demand and very limited supply, prices look set to skyrocket.

A leading local agent has appraised each side of these duplex's to be worth $665k on completion and rent for $495 per week. So that is massive potentail instant equity of up to $390K on completion, which is incredibly hard to find.
Show More
Share by: