He's Done It Again

Tony Fung has done it again, can you believe this?

 

Tony Fung

According to media reports Aquis has axed the proposal to purchase the Sheraton Mirage on the Gold Coast for $160 million dollars yet he's spending $300 million dollars on the Canberra Casino upgrade which really doesn't have any logic http://www.cairnsvideonews.com/2015/09/upgrading-casino-with-no-poker-machines.html 
http://www.cairnsvideonews.com/2015/08/gold-coast-investor-tony-fung-floats.html 
This is what Justion Fung stated on ABC radio June 23, 2015:
 http://www.cairnsvideonews.com/2015/06/justin-fung-interview.html
The Fungs walked away from the Reef Casino and blamed the Qld State Government for not acting quickly when in fact they (Fungs) failed to attend three formal meetings and also failed to complete the probity and one has to ask the sensible question of "What are their intentions?".
This whole saga is becoming so laughable that it is not funny and is it any wonder the majority of residents in Cairns are now saying "GO AWAY MR FUNG WE DON'T NEED YOU".
This is what was reported in the Cairns Post on Saturday December  26, 2015 and it was so important it was printed on page 7:

THE multi-billion-dollar Aquis Great Barrier Reef mega-casino resort project is set for a new lease of life following a decision by the Fung family to pull out of a major deal on the Gold Coast.

Sheraton Mirage

Aquis has axed a proposal to buy the Sheraton Mirage Resort and Spa at Main Beach for $160 million. Plans were for a redevelopment including a casino.
An Aquis spokesman said withdrawing from the Sheraton deal meant a renewed focus on the Yorkeys Knob project. He said the Cairns development was now its only casino proposal in Queensland.
Senior executives, including new Aquis Entertainment chief executive Aaron Gomes, met in Hong Kong this week to discuss plans for 2016, including Yorkeys Knob. The Sheraton deal fell over after the groups left the negotiating table. The spokesman said they had been negotiating with the vendors since May over conditions for the sale.

“However, the parties have been unable to agree acceptable terms and Aquis has elected to withdraw from the acquisition,” he said.
In May, Aquis announced plans to replace the Skase-era beachfront resort with a largescale integrated resort and casino development, saying the company was open to discussions with neighbouring property owners about a possible combination of projects.
Director Justin Fung earlier this year suggested the project may not go ahead if a casino licence could not be secured.
Rival developer ASF, which has secured state land next to the Southport Yacht Club at Main Beach, has first right of refusal for the only available Gold Coast licence.
Aquis has re-entered the Integrated Resort Development process for Yorkeys Knob which involves providing a detailed proposal and negotiating a gaming licence, a casino agreement and probity with the Queensland Government. 
It is about time the government whether it's ALP or LNP said enough is enough and send them on their merry way, we already have the Reef Hotel/Casino why do we need another 2 casinos making a total of three casinos in Cairns.

What's wrong with some of these whacko politicians?

We need to send some of these whacko politicians off shore NEVER TO RETURN.
The banning of songs and concerts have already been banned, where in the hell is this country heading.

It’s hard to believe it could happen, but this year’s school Christmas concerts may be the last at which children are allowed to sing traditional carols, under new State government rules quietly introduced last month.
Well known and much loved Christmas carols like Silent Night, Away in the Manger and Come All Ye Faithful are all caught by the new bans.
The Education Department has instructed government school principals that parent volunteers or outside music instructors are not allowed to teach carols or other “praise music” to students unless it is “common societally recognised music” (whatever that means).
As well, teachers will only be allowed to teach carols if it is part of “general religious instruction”.
The new rules have already caused at least one school to decide to remove traditional carols from their end of year performance, before reversing the decision after parent protest.
Next year, many more schools are likely to decide it is easier to scrap Christmas carols altogether rather than try to work out whether or when they are allowed to have them under the new rules.
It’s not clear whether these new rules are part of a deliberate move to drive out Christmas carols from schools, or the unintended consequences of bureaucratic incompetence and bad drafting.
Either way, the government must withdraw these new rules and allow students at government schools to learn, sing and enjoy Christmas carols as they have for generations.
To read what I said about this in Parliament this week, see http://bit.ly/1SYmgUV. For Tom Elliott’s coverage of the issue on 3AW, see “Victorian government announces hymns should not be sung in state schools” at http://bit.ly/1QBLDMN.

How things change in 2 days...

Again AQUIS, isn't there any other worthy news items available?
On December 10, 2015 it was announced  in The Gauardian that there would be an announcement made in February 2016 in regards to the Aquis licence however apparently they didn't informed Tony Fung.

Tony Fung

Then in the Weekend Post (Sat Dec 12, 2015) written by the Aquis reporter Nick Dalton Tony Fung ruled out the February announcement.
Why doesn't that surprise anyone?
Acording to an Aquis spokesperson who stated that the developer was continuing discussion with the State Government and everything remains confidential.
 This Casino/Resort if it goes ahead will be the most expensive in the world in an area with a population of 160,000 residents and that in it's self doesn't make any sense and relying on the Chinese to fly in and out is totally wishful thinking. There will be some Chinese coming for holidays but not in the hundred of thousands that has been bandied around.

Original Design

 
 Then there's the promise in the initials stages (design one $4.2 billion) of upgrading the roads assisting with the infrastructure, building a sports facility etc but really that was never going to happen and some of the councillors believed it and thinking that they wouldn't have to spend there money.

Then with the second design ($8.5 billion) the statement was that they "may assist in some infrastructure, sports ground gone, golf course was in question and so it goes on.

$8.5 Billion design

The latest info to come out is that Aquis may be built but in a smaller capacity and the biggest concern is that if it does go ahead what's going to happen if it suddenly grinds to a halt which has happened overseas with other casinos and Cairns is left with a white elephant, who will pay for the clean up probably the residents.
Maybe if he gets the licence maybe he'll try and take over the Reef Casino and completely drop Aquis at Yorkeys... what an excellent idea.

The updated design

What has the State Government and Council done about the water supply? they are issuing building permits left, right and centre but the water supply stays the same and if nothing is done urgently the supply will run out because a new dan would take at least 10 to 15 years to be built.
Talk about priorities and monkeying around "God help us".



Also seriously consider the Free Trade Agreement that is now in force whereby Chinese workers can be bought in to work on large projects and don't believe any pollie that tells you anything different because it will be too late.
Local residents are completely fed up with this crap and Tony Fung should just disappear from Cairns and stick to his Canberra junket casino where there are no pokies only card tables and build the casino at the Sheraton Mirage on the Gold Coast where he could make his millions.
Cairns is a tourist destination not a gambling destination.