North Australia Digest – 6/9/12

by 6 September 2012

Here is a digest of today’s major stories that impact North Australia:

Australian Financial Review

Fortescue Metals Group is under increasing pressure to raise equity to shore up its balance sheet, despite its decision to delay part of its $US9 billion expansion project to conserve cash.

Falling iron ore prices may prompt the Reserve Bank of Australia to bring forward interest rate cuts if commodity prices fail to recover.

Australian iron ore ]

North Australia Digest – 5/9/12

by 5 September 2012

Here is a digest of today’s major stories that impact North Australia:

The Age

In another blow to the Australian resources sector, Fortescue Metals has dramatically scaled back multibillion dollar expansion plans and cut several hundred jobs. The move has promoted fears other miners could follow suit if Chinese demand for iron ore fails to pick up and comes just weeks after BHP shelved $30 billion worth of projects, including the massive Olympic Dam [...]

North Australia Digest – 4/9/12

by 4 September 2012

Here is a digest of today’s major stories that impact North Australia:

The Australian Financial Review

A plunge in the prices of Australia’s export commodities as well as high labour and construction costs will stall $100 billion of mining and energy projects, as companies ­scramble to reassess their long-term investment pipelines.

BHP Billiton has not asked the South Australian government for an extension on the agreement covering royalties for the $US20 billion-plus Olympic [...]

Darwin house prices second highest in Australia

by 29 July 2012

If something isn’t done to bring housing prices down in Northern Australia, the region will never be able to reach its full potential.

National Food Plan lacks vision for northern agriculture

by 27 July 2012

The National Food Plan green paper released last Tuesday shows that the federal government is completely lacking in vision when it comes to Northern Australia. Released earlier this month, the paper again ignored any possibility of developing the region’s agricultural potential, which could feed a growing Asian population to our north.

When will North-West Australia have a permanent naval base?

by 30 June 2012

Australia’s North West Coast continues to be left devoid of any permanent naval bases despite being home to so much of the nation’s natural wealth.

Welcome to the new Australians for Northern Development and Economic Vision blog!

by 5 June 2012

Welcome to our new website and to our new blog. On this blog and website, we want to give you an opportunity to participate in building and shaping our future.

Unemployed Greeks seek opportunities in Darwin

by 27 May 2012

There are reports emerging since the weekend that Darwin is seeing an influx of Greek migrants fleeing the debt-ridden eurozone economy in search of new economic opportunities for themselves and their families.

63% of Australians think North Australia will benefit from more people

by 25 May 2012

In a landmark Newspoll conducted exclusively for the Institute of Public Affairs, 63% of Australians said that increasing the population of North Australia would be a good thing for the area.

BHP sounds the same warning as ANDEV

by 17 May 2012

BHP Billiton Chairman Jac Nasser has confirmed what Australians for Northern Development and Economic Vision has been saying for over eighteen months.