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Ph: 4068 2170 6A Watkins Street Tully 4854 E tully@acmeinsurance.com.au W www.acmeinsurance.com.au
Authorised by M Sorbello, Lot 2 DeLuca Rd Silky Oak 4854
$1.50 inc GST
Thursday, March 19, 2020
COUNCIL CANDIDATES
YOU DECIDE
LIFTOUT
EASTER COLOURING COMPETITION
PAGE 17
TIGERS MATCH STOPPED AFTER BRAWL WITH SCORE 4-6
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MAYFAIR UNABLE TO SETTLE PROPERTIES DOMINIC MOBBS THE Mayfair 101 Group arrived in Mission Beach with a bang in August 2019, touting a strategy for a 15-year investment of $1.6billion in the region. Their plans included not only acquiring Dunk Island and constructing new resorts there, but Mayfair also spruiked numerous new resorts, 700 new residential properties, restaurants, an entertainment complex, golf course etc on the mainland. These plans are now looking shaky. Numerous property owners, believed to be more than 70, were informed on Monday by Mayfair that the “tightening of the credit markets” due to the coronavirus pandemic “has forced the Group to adjust its forecasts according to the Group’s liquidity profile” such that Mayfair is “unable to carry out the essential obligation to pay the purchase price on the settlement date.”
Photo credit: The Agency Blue
CONTINUED PG3
31 Richardson St, Tully. 4043 9999. sales@islandcoastford.com.au 5 year unlimited km warranty commences from date of first registration on demo vehicles. Our goods come with consumer guarantees that cannot be excluded under the Australia Consumer Law. Our warranty does not limit and may not exceed your rights under those guarantees. See ford.com. au/owners/warranties for full details. Subject to change or extension. See ford.com.au for full terms.