Mining boom here to stay, says RBA (23rd Feb 2010). Reserve Bank Deputy Governor Ric Battelino says the global financial crisis is history and Australia's"very big"mining boom is here to stay.Speaking to the Sydney Institute last night, Mr Battelino said the current mining boom could last longer than previous ones – possible more than 15 years because of the demand from China and India.Milieu is a brand new residential community to be built in stages from May 2010 and all stages are expected to be completed in two years as houses are being constructed off site. With a total of 75 x 3 and 4 bedroom houses, the complex is located in the heart of Middlemount, Central Queensland. It not only sets a new standard for modern luxury housing in the region, but also provides a rare opportunity to purchase a secure long term investment in the heart of Bowen Basin, Australia's booming coal region.66 units projected in the manager's letting pool$100,000 body corporate salary (CPI increase annually)25 year agreementsRents of $900 per weekSwimming pool and BBQ areasMiddlemount is a purpose built coal mining town directly servicing Capcoal's Central and Southern Colliery and Foxleigh's open cut mine. It is strategically located one and a half hours drive from Emeral and 3 hours from the major regional cities of Rockhampton and Mackay. The community enjoys schooling from kindergarten to grade 12, a medical centre, hotel/motel, shopping centre, restaurants, magnificent 9 hole golf course and a Olympic swimming pool. The nearby Bundoora Dam offers year round water skiing, swimming and fishing. Nett:$430,000 ProjectedPrice:Offers to Purchase