Tales of the two-speed economy

Cashed up miners are pushing up rents in Mackay, with some prepared to pay $700+ per week for a house:

450 join already long queue

Meanwhile the Fraser Coast economy remains in a slump, due to a drop in international visitor numbers associated with the high Australian dollar. Although the unemployment rate is not in double figures, as Employment Minister Stirling Hinchliffe notes, at around 7% it is still significantly above the State average of just over 5%:

Jobs news gloomier

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