I don't see this as being particularly attractive. The north coast of Australia is the area with all the stinging, biting, deadly creatures both on land and in water. Not to mention the climate isn't exactly attractive(to me, anyway) and as the above poster said, the creation of a city of this magnitude from scratch has never really been done before. Sure, there have been boomtowns, and rapidly growing cities, but they all had a reason to exist. Building a city for the sake of building a city probably won't work, which this seems to be trying to achieve.
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"The pessimist complains about the wind. The optimist expects it to change. The realist adjusts the sails."
-William A. Ward
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