Skase slowly developed Qintex and, over several years, turned it into one of Australia's larger corporations. By the late 1980s, the Qintex group was worth A$1.5 billion. Skase owned five resorts as well as interests in the Seven television network and the Brisbane Bears football club. On the eve of the 1990 economic recession, his two "Mirage" resorts in Queensland were among the largest in the country and one of them, the Sheraton Mirage Port Douglas Resort, played a key role in putting the formerly small town of Port Douglas on the international tourist map.