FacebookTwitterLinkedInEmailPrint分享Taylor Kuykendall for SNL:As the coal sector crumbles, analysts aim to draw up exactly what the industry might look like once it is pieced back together.Chiza Vitta, an analyst with Standard & Poor’s Ratings Services, said that even though his group covers base metals, precious metals and other mining companies, coal is taking up the bulk of the group’s time these days. The reason such a “significant amount” of time is being dedicated is the industry has gotten into such “severe distress” analysts must continually reassess the sector’s financial health as more and more coal giants fall into bankruptcy or teeter on the edge of it.“There’s a lot of negative sentiment out there,” Vitta said at the recent 24th Annual Platts Coal Properties & Investment conference.In addition to struggling to convince the broader investing public to get on board with coal, the industry is also seeing hesitancy in conventional lenders and other financiers, Vitta said. This is has caused debt to trade at distressed levels and prompted a trend toward more “private money” on the table from certain strategic investors.The result is merger and acquisition activity in early 2016 that is “well behind” the year before, even though coal assets have become available at rock bottom prices.Full article ($): Bankruptcy, tightened market cloud coal’s future as headwinds continue in 2016 SNL: 2016 ‘Headwinds’ Facing U.S. Coal
Many Australian cities boast a close proximity to stunning, world-class white-sand beaches, but there is only one that is defined by it.Situated between 52 kilometres of beaches and pristine hinterland, it is no wonder that more than one million international visitors arrive in the Gold Coast each year, and more than half a million Australians call it home.Broadbeach’s evolving skyline. Picture: GettyGold Coast’s unique skyline was beamed to millions of Commonwealth Games viewers – and potential tourists – all over the world this year, solidifying its position as an enviable and prestigious Australian city.Yes, the city of surf and sun is well-known as a holiday destination, but it is undergoing an exciting period of transformation. So, here are five reasons to invest in the Gold Coast right now.1. Investment from the Commonwealth GamesMore than $5 billion worth of public or private investment is underway, or was recently completed, in part thanks to the 2018 Commonwealth Games.The specially constructed Athletes’ Village will become part of the Gold Coast Health and Knowledge Precinct, which is linked by light rail to the CBD at Southport and the beaches.Beach volleyball at the 2018 Commonwealth Games. Picture: GettyThis precinct has been created to attract investors – especially in the tech and healthcare sectors – create jobs, and engage industry in the research, development and commercialisation of new products and services.Once completed, the precinct is expected to employ up to 26,000 people and inject more than $2.9 billion into the local economy.2. An ever-evolving skyline of high-risesThe unique, linear layout of the Gold Coast is thanks, in part, to its striking skyline of coastal high-rises. While there are already a number of impressive towers, there are several more planned to meet growing demand.Artist’s impression, The Star Residences, Broadbeach Island. Picture: SuppliedOne such project, The Star Residences on Broadbeach Island, will introduce one- and two-bedroom luxury apartments atop a 20 story resort. The residences will offer stunning views of both the beaches and the hinterland, with exclusive access to residential amenities, as well as direct connectivity to everything the island has to offer. Gallery (4 images)A residential deck on Level 20 will be complete with pool, spa, gymnasium, yoga/pilates space and lounge areas. Picture: SuppliedGold Coast’s median house and unit prices have outperformed Brisbane over the past five years. And Broadbeach’s median unit price recorded growth of 18 per cent over 12 month, outperforming the wider Gold Coast area.And there is no shortage of tenants with Gold Coast’s residential vacancy rate sitting at just 1.7 per cent – lower than in Sydney or Melbourne.3. More than $12.5b being spent on infrastructure and transportExtensive urban planning of the Gold Coast has ensured that its growth is well serviced by efficient transport links.Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 2:10Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -2:10 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p360p360p270p270pAutoA, selectedAudio Trackdefault, selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenTransport upgrades that could add property value02:10From the expanding light rail network to the Gold Coast Airport Expansion project, more than $12.5 billion in infrastructure is being spent on the Gold Coast right now.The G:Link light rail was completed in December last year, in preparation for the six million additional trips that were predicted to run during the Commonwealth GamesGold Coast’s light rail corridor. Picture: GettyIn addition, the city’s accessibility to the state’s capital is only improving, with the Federal Government announcing a $1 billion upgrade of the M1 motorway to ease congestion between Brisbane and the Gold Coast.4. Tourism continues to riseTourism has been the backbone of the Gold Coast economy since the Surfers Paradise hotel was built in 1925. Long a summer escape for Brisbane families, it now attracts more than 13 million visitors a year.Gold Coast Tourism CEO, Martin Winter praised the destination’s continued growth.“What is interesting is the record number of holiday makers within that figure,” he said.“It shows that the Gold Coast still takes pride of place on people’s holiday itineraries and that the appeal and marketing of the destination is strong. In fact, the Gold Coast represents almost half of all holiday visitors to Queensland.”Broadbeach beach. Picture: GettyThe Gold Coast economy has been diversifying and is now valued at $25.2 billion, according to Gold Coast City Council.5. Some of the country’s best attractionsMost Australians are familiar with the Gold Coast’s reputation as the go-to destination for theme parks, with Dreamworld, Wet’n’Wild and Movie World all making their mark as must-visit destinations.Recently, one of Movie World’s rides was named the Southern Hemisphere’s biggest rollercoaster – the $30m DC Rivals HyperCoaster.But, as the city becomes increasingly sophisticated, so do its attractions.Elabana Falls on Canunga Creek, Lamington National Park, Gondwana Rainforests. Picture: GettyFrom the World Heritage-listed Gondwana Rainforests and the Ramsar Convention-listed coastal wetlands, to the casino, designer shopping at Pacific Fair, the Magic Millions sales, and a growing array of dining options, there is something to appeal to everyone here.
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