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CANNABIS company Asterion has given Wagners the option to settle a portion of some invoices with shares.



This discussion comes as Wellcamp, an affiliate of the Wagners Properties, waits for the green light in the construction and development of Asterion's Toowoomba medicinal cannabis project, which will be the largest of its kind in Australia.





Asterion has offered to pay parts of Wellcamp invoices connected to goods and services for the project with common shares in the capital of of the company.



"As Wagners and Wellcamp are expected to play an important role in the construction and development of the Toowoomba Project, we are pleased to be offering Wellcamp this equity participation option which is intended to provide Asterion with additional equity financing and offer Wellcamp the opportunity to share in the success of Asterion going-forward," Asterion CEO Stephen Van Deventer said.




In accordance to the Equity Participation Agreement, Wellcamp can chose to receive Asterion shares as payment for up to 10 per cent of any approved invoice, which can be increased to 100 per cent with prior approval from Asterion.



Asterion said the shares would have a deemed issuance price equal to the then current financing price of Asterion, or, if it is not conducting a financing, at the last financing price.



Asterion lodged its development application with Toowoomba Regional Council in May and is awaiting approval.

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Tourism supercharged as rival organisations merge



TOURISM in Southern Queensland Country will be supercharged after the signing of a Memorandum of Understanding between former rival industry organisations Southern Queensland Country Tourism and Tourism Darling Downs.


SQCT chair Associate Professor Jane Summers said the organisations intended to join forces to develop one powerful and unified voice for the region's tourism industry.


"TDD and SQCT have pursued different areas of focus over the past few years, always with the common goal to grow tourism across the region," Dr Summers said.


"Both organisations agree the time is right to now combine expertise and resources to further boost the region's ability to explore new opportunities for tourism operators and stakeholders."


TDD chair John Wagner said commercial negotiations required to bring the organisations together were completed and he anticipated a combined entity could be operational as early as July 1, 2019.


"Together we will develop a well-funded and highly focused strategic plan for tourism in our region, to be implemented by a committed and focussed team under the direction of an experienced and well-credentialled board," Mr Wagner said.


"The interests of the current members of TDD and partners of SQCT will be supported as our groups combine and I urge businesses and stakeholders in the region to get behind our new-look regional tourism organisation."


Both chairs welcomed the appointment of experienced tourism professional Peter Homan from July 8, 2019 as chief executive officer of the newly united tourism organisation under the existing SQCT banner.


"The goal for this united regional tourism organisation is to deliver tangible results for its partners and to expose the Southern Queensland Country brand to new and larger markets," Mr Homan said.


"Bringing together the best ideas from both organisations gives us a very solid platform for growth."


Dr Summers and Mr Wagner announced the MoU ahead of the Escape the Ordinary masterclass, an industry event to be jointly hosted by the two organisations in Toowoomba on Monday, June 24.


Minister for Innovation and Tourism Industry Development Kate Jones will attend the masterclass, along with the winner of Tourism and Events Queensland's iconic Best Job in the World campaign, Ben Southall.


"Southern Queensland Country is a wonderfully diverse region offering plenty of rich experiences to travellers," Ms Jones said.


"With epic landscapes, thriving rural communities and delicious local produce, there really is something for everyone to enjoy in this unique part of Queensland.


"The work of local operators in partnership with Tourism and Events Queensland will continue to grow awareness of this beautiful region and the many experiences available to visitors here."


Southern Queensland Country has experienced an 18% boost in visitation with 2 million people coming to the region since the regional tourism organisation was founded seven years ago.


Both Dr Summers and Mr Wagner agreed a redefined approach combined with a reinvigorated team could be the catalyst to unlocking the region's enormous tourism potential.


Another victory for the Wagners


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Mackay wins Second Qantas Academy

5 July 2019

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Qantas has stuck with its spiritual home state and selected Mackay as the site of its second training academy.

The airline announced today that Queensland would host both academies after the first was established at Wellcamp Airport in Toowoomba.

Qantas Group Pilot Academy Executive Manager, Wes Nobelius, said the airport would be an ideal place to train the next generation of pilots.

“Mackay offers optimal flying conditions and a sunny Queensland lifestyle which makes it an ideal site for a pilot academy,” he said.

“It’s home to good infrastructure, a proud community – even a new, state-of-the-art sport and recreation precinct for students, trainers and their families. We were really moved by the way locals came together with the #MackayWantsYouQantas campaign.

“Our initial focus is opening the first Pilot Academy site in Toowoomba and rapidly expanding the number of pilots there next year, before we progress our plans for Mackay.”

Nobelius said Mackay was chosen after a process that whittle potential site down from more than 60 to just two.

“To the remaining six shortlisted cities – we thank all of you for taking part. If we could have placed a Pilot Academy in every one of your cities, we would have,” added Mr Nobelius.

“We know these proposals took a great deal of time and effort, but it gave us insight into your community and plenty of ideas for where we can grow in the future.”

The short-listed airports were Alice Springs, Bendigo, Busselton, Dubbo, Launceston, Mackay and Wagga Wagga.

Qantas started life in the 1920s as Queensland and Northern Territory Aerial Services based in Longreach, QLD.

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Paid post from USQ!


BUDDING pilots now have more opportunity to spread their wings and learn to fly thanks to an aviation degree being offered in Toowoomba at the University of Southern Queensland (USQ).

For the first time, students in the Garden City will don the black and white pilot uniform with a Bachelor of Aviation on offer from February 2020.

The university currently teaches aviation at its Springfield campus, near Ipswich, but with a worldwide pilot shortage looming, USQ was propelled to expand its program to its biggest campus. 

With Toowoomba located just 120km west of Brisbane's CBD, head of USQ aviation Professor Paul Bates said the degree would attract students from across the southeast.

"A career as a pilot can take you around the world," Prof Bates said.

"Whether you fly as a commercial pilot for an airline, training organisation, operate charter flights or as an instructor, the sky really is the limit.

"And where better to study aviation than Queensland's biggest inland city - home to the country's newest airport."

According to the latest statistics from Boeing's Pilot & Technician Outlook 2019-2038, 770,000 new pilots will be needed to fly and maintain the world's fleet over the next two decades - with nearly 40 per cent of those required in the Asia Pacific region.

"Aviation is one of the world's fastest growing industries," Prof Bates said.

"At USQ, we're doing everything we can to meet these future demands."

New USQ aviation degree to attract students from across the southeast.
New USQ aviation degree to attract students from across the southeast.JULIAN PANETTA

First-year students studying aviation at USQ will train in a $1 million state-of-the-art flight simulator. Based on the Boeing 737-800 airliner, it is the only one of its type at a Queensland university.

"Featuring the most up-to-date equipment and technology in the world, the simulator provides our aviation students with the most realistic multi-crew simulated training in an aircraft cockpit, putting us at the cutting edge of aviation," Prof Bates said.

"Our students also operate the simulator in the first year of their degree which is not available anywhere else in the country."

Toowoomba's Bachelor of Aviation is one of several new course offerings at USQ, such as the recently-unveiled specialist Masters degree in cyber security. 

Like aviation, cyber security is an in-demand industry. 

Cyber-crime is one of the fastest-growing and most prolific types of crime in the country, but the sector faces a critical skills shortage - it is estimated that 18,000 more cyber security professionals are needed by 2026, according to the Australian Cyber Security Growth Network.

USQ's new Master of Cyber Security provides students practical training in cyber protection and security, as well as transferable skills that can be applied to multiple professions.
"To learn more about USQ's new course offerings, including Aviation and Cyber Security, come along to an Open Day: USQ Springfield on July 27, USQ Toowoomba on August 18 or USQ Ipswich on August 24," Prof Bates said.

Become more at Australia's number one university for graduate starting salary, according to the Good Universities Guide 2019, at a 2019 USQ Open Day.

Visit usq.edu.au/openday to register.


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