$100 million cable car project proposed for the Hinterland

A $100 million Cable car project proposed for the Hinterland, has been raised in Queensland Parliament.

Gold Coast Skyride would see travellers taken from Neranwood, west of Mudgeeraba to Springbrook and cover a distance of approximately nine kilometres.

The project is planned to be built and operational before the Commonwealth Games in 2018 if it receives the necessary approvals.


The consortium behind the project plans to float the Gold Coast Skyride company once it is operational enabling ‘mum and dad’ investors to become part owners, with Queensland investors being given preference.

Gold Coast Skyride, CEO, Terry Moore, said Gold Coast Skyride was ‘real and achievable’.

“Gold Coast Skyride is the most exciting tourism infrastructure project mooted for South East Queensland in years and the people behind it are serious,” he said.

“The route stacks up, it is economically feasible to construct, it is in exactly the right location and it can be delivered with no negative environmental impacts or financial risk to the State Government, the Gold Coast City Council or the people of the Gold Coast.”

The businessmen behind Gold Coast Skyride include Terry Morris, Terry Jackman, Bruce Mathieson and John Hembrow. The consortium is being advised by and includes Gold Coast based politician Ray Stevens, who planned and pushed for the original Gold Coast  cableway in the Hinterland in 1998.

Mr Moore said the economic boost that Gold Coast Skyride would provide the State during construction and then in its operation phase was significant and exciting.

“The Gold Coast has to keep re-inventing itself to stay at the forefront of the Australian tourism sector and Gold Coast Skyride will give the city an exciting and new tourism attraction that will entice people from throughout Australia and the world.”

Mr Moore said the consortium had already purchased the site for the departure point for Gold Coast Skyride and were in discussions with the internationally acclaimed Dopplemayr cableway manufacturers to plan its construction.

He said the project would be the subject of rigorous planning and approvals processes including a detailed Environmental Impact Study.

The project is set to generate approximately 280 full time equivalent jobs and 600 hundred jobs during construction and will include an Indigenous Experience Centre and environmental education and awareness features.