
Couran Cove Resort Faces $22M Debt, Essentials Cut Off
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Queenslands Supreme Court upholds $22M debt at Couran Cove resort, leaving residents without essential services. Residents scramble to manage costs, with some returning to work. Local leaders decry the situation, and help is ongoing.
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Sydney News Today | 2 Min News | The Daily News Now! — Couran Cove Resort Faces $22M Debt, Essentials Cut Off. Machine-transcribed; use the interactive transcript above to jump the player to any line.
From the Daily News Now Network, this is Sydney News Today. Queensland Supreme Court has upheld rulings that a $22 million debt is still old to utility providers at the current co-resort on. South, Stradbroke Island, this means water, power, gas, and sewage services will stay cut off for the resort's homes, a situation that's lasted since early 20, 23. The resort relies on its community body corporate to manage and pay for these essentials, since is on private land with no council involvement. Residents there say they've paid their own levies, but the main body corporate fell behind, leaving hundreds shocked and scrambling. Many have moved out, while those sticking it out use generators, water tanks, and barge deliveries for basics, with costs like $8,000. Every two weeks, pushing some back to work. Local leaders call it devastating, and the premier's office says work continues to help. Another court hearing is set to sort out final costs, as private disputes drag on.
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