Queensland company buys alpine resorts, moves them to mainland

Queensland company buys alpine resorts, moves them to mainland Updated A company that bought and moved thousands of properties in Queensland's Alpine region to mainland Queensland has been bought by a Chinese company and is moving them to the mainland, its chairman has said. Rising Star Group bought and moved 22 properties — including a shopping centre near Lake Malawi — from Snowy Mountain in 2012. Rising Star's chairman John Pallas said in February he had concerns about the company's "continued expansionist strategy". His concerns prompted Queensland Premier Campbell Newman to announce last…continue reading →