The Australian

New research conducted by the Reserve Bank of Australia has found that resources exports have created about 500,000 jobs across every major industry during the past 7 years. The research also shows that more than 1.1 million workers now depend on the wider resources economy. This is due to massive job creation in sectors such as construction and manufacturing. The report explains that 3.25 per cent of the nation’s workers are [...]

The Australian

In response to the Coalition’s draft discussion paper on northern development, Adam Creighton’s opinion piece in The Australian contends that North Australia is perfectly suited to special economic zones. “The proposition that fewer regulations and lower taxes foster economic growth remains true even if it applies only to parts of a country,” Creighton said. He also contends that “Darwin is the most promising place for a special zone because of its size, [...]

The Australian

The Coalition’s  Draft Discussion paper on Northern Development generated much debate in the media this week. The  plan has been backed by residents in the North, with Mt Isa mayor and former Labor minister Tony McGrady also supportive of the initiative. Land-use restrictions could be eased if aspects of the draft are picked up, permitting agricultural development and the expansion of water storage across the North.

A KPMG study [...]

The Coalition’s draft discussion paper on Developing Northern Australia, reported in today’s media, is a welcome recognition of the potential for Northern Australia to be the driving force of the Australian economy in coming decades, according to the Institute of Public Affairs.

“The resources boom has benefited all Australians including those in southern regions. Developing the North further will create wealth and provide jobs for all Australians, both in the North and in the South,” [...]

A big idea in a big country – that is the aim of the Australians for Northern Development and Economic Vision (ANDEV), writes Imants Kins. 

Here in our north we can work to solve many of our trade, foreign relations, food, minerals, and indigenous issues.

The north has natural assets that give it a global comparative advantage: abundant water at a time of increasing scarcity of drinking water, abundant land at a time of decreasing [...]

The Australian

There has been a burst of new resources projects planned according to the latest Deloitte Access Economics investment survey released this week. The increase could extend the mining boom for years beyond the expected peak in construction work expected in the next 12 months. The report shows last quarter has been the best for new venture announcements since the September quarter of 2011. There are resource projects worth $226bn in the planning [...]