Liquefied Natural Gas Ltd's plans to sell a 20% stake in the company to China National Petroleum Corporation have raised hopes for a fifth LNG project in Gladstone.
Damage from the Queensland floods - estimated at $5 billion - will delay the massive Cross River Rail project by two years, following a mid-year review of the State's finances.
The start of work on a new intersection between Mains and Kessels Roads is edging closer following the shortlisting of two contractors to design and deliver the $300 million project.