CSG ripples felt in rural property

Social, legal and health issues related to air and water toxic pollution in Australia.

CSG ripples felt in rural property

Postby HVPA_research » Mon Feb 28, 2011 10:59 pm

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Link to this page: http://forum.huntervalleyprotectionalliance.com/viewtopic.php?f=3&t=287
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JAMES NASON from Queensland Country Life, 28 Feb, 2011 published this very revealing article - CSG ripples felt in rural property. It is based on information provided by Vince O'Brien who has been a rural property agent with Elders at Roma for more than 35 years. In this article Mr O'Brian effectively demolished the government and gas companies propaganda that CSG industry is compatible with the rural life. It is not generally known that farms with CSG wells on them or nearby are unsaleable and that local costs of all goods and services will rise to the level that only miners can afford. Even worse, the long promised jobs do not benefit local economies because gas workers usually fly-in and fly-out and spend their money elsewhere.

Here are some quotes but anyone who still believes that CSG can bring some benefits to the local community should read the full article very carefully (http://qcl.farmonline.com.au/news/state/agribusiness-and-general/general/csg-ripples-felt-in-rural-property/2085883.aspx?storypage=0).

Before CSG companies can drill, they must first negotiate arrangements with property owners to compensate for mining impacts.
Agreements often involve initial payments followed by ongoing annual payments for each well on a property.
While the details of these payments are often hidden in confidentiality agreements, figures of $3000-$6000/well/ year are understood to be representative of the current market. Such compensation packages can amount to substantial and welcome cash flows for producers, particularly in dry years when farming or grazing incomes are restrained.
However, Mr O'Brien said signs were mounting that CSG mining could cause greater losses to long-term property values than affected producers realised when negotiating access agreements.
He believes compensation packages as a minimum should be set at 20 percent of the market value of the property, based on the levels of buyer resistance that were evident for properties with CSG infrastructure.
"The bottom line is you can't sell them," he said. "No-one wants to buy these places because they have mining activity on them ? they say show me something else.


The problem was compounded because the few isolated sales of properties with existing or proposed gas infrastructure that had occurred had largely been sold directly to CSG companies.


Mr O'Brien also questioned the extent to which regional economies benefitted from the CSG mining boom.
This was because most CSG workers operated on a fly in, fly out basis and spent their earnings away from the areas in which they were earned. Money was being taken out and not being put back.










COMMENTS TO THIS ARTICLE:
The solicitor on four Corners had it right- it is the country people who are paying for this industry, with all the profits going to the cities.

The miners have a colonial attitude to the farmers. they treat us as the colonial powers did natives. While they are quiet, tolerate them but consistently force them out. If they become restless, teach them a lesson! And as with colonial powers, some miners are better than others, but at the end of the day, it is us natives who will always pay the biggest price.

And when they are finished, they will just walk away from a wasteland that was once a thriving, food producing community, and declare their job well done.
Posted by fairgro, 28/02/2011 6:46:25 AM, on Queensland Country Life


Thank you Mr.O'Brien,

you state the facts as clearly as they can be stated, land cannot be sold unless the CSG or coal industries buy it. I drive around my property, see properties for sale everywhere, none selling, people just want to escape this disaster, the pollution, noise, loss of safety. Can they? no. This will be seen as the greatest mistake any government has made ever, history will speak very poorly of those who took the quick buck, of the regulators who didn't monitor this, the governments who for questionable reasons encouraged it. This government has changed legislation to allow this Un-Australian resource grab, so Multi-Nationals can destroy our future, destroy the GAB, pump directly into the Murray Darling river ways, and take the profits and run. And do not forget the radio active materials being dumped into the waterways. And they have no responsibility to fix the problems they cause, roads, bridges, lack of medical support, health issues, social issues, etc. Shame on this government!!!
Posted by Brian Monk, 28/02/2011 8:53:45 AM, on Queensland Country Life


Rural communities, on the whole, are well aware that the CSG/mining industries can only be detrimental to their communities in the long run. Inflated costs to entire communities which can only be afforded by the mining employees, who don't spend in the area and the companies which pay inflated wages, for this is the only way to lure people to the jobs. The jobs, jobs, jobs is superficial as these employees have come from other employment leaving an abyss which can only be filled by immigrants. At the end of the day we will still have employment problems, a decimated country, no decent farming ground, a burgeoning poverty line and no skill base for industries (which are rapidly being lost) to start up again. Landowners are left with land they can't sell and on which they were relying for retirement. Nearly all this industry is to benefit overseas interest and is the legalised robbery of Australians.
Posted by Joan, 28/02/2011 9:44:41 AM, on Queensland Country Life


Great article.. These companies are ruining our future, potential buyers of land want nothing to do with CSG because they use bully tatics and lies to sweeten the deals. What happens to the elderly people on properties? They've worked hard all their lives on the land and then they can't leave.

We need the government to wake up before it is too late. We need this land to produce not to be left to the gas companies to waste away..
Posted by clancyjo, 28/02/2011 9:45:13 AM, on Queensland Country Life
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