Article – Northern plan gains political momentum

by 4 March 2014

1 March 2014 John Kerin Australian Financial Review

The Northern Territory’s Chief Minister, Adam Giles, has claimed infrastructure in the territory is 150 years behind the rest of Australia and it needs more federal assistance for economic ­development.

Mr Giles and Prime Minister Tony Abbott briefed journalists in Darwin on the scope of a “white paper” on developing Australia’s north to grab a bigger slice of the Asian economic boom.

The strategy paper will come [...]

Article – PM again dangles tax carrot for push to develop northern Australia as a ‘food bowl’

by 4 March 2014

28 February 2014 ABC News

Prime Minister Tony Abbott says tax concessions will be considered as part of the Federal Government White Paper on northern Australia.

Mr Abbott is in Darwin and will attend meetings to discuss terms of reference for the report.

He has flagged water resources, getting rid of red tape, and building appropriate infrastructure as key priorities for the development of the north.

He says tax concessions are possible, provided they are [...]

Article – Northern Australia development on agenda

by 4 March 2014

28 February 2014 Nine News

Plans for the development of northern Australia are advancing as the federal government seeks to take advantage of Asia’s economic boom.

The premiers of Queensland and Western Australia and the Chief Minister of the Northern Territory are partnering to develop and implement a northern Australia white paper within 12 months.

It is the continuation of a pre-election promise made by Prime Minister Tony Abbott, who says the region is rife [...]

Article – Coalition pushing hard to lift the Top End

by 4 March 2014

1 March 2014 Amos Aikman The Australian

KEY themes of a Coalition green paper on developing Australia’s north will include infrastructure investment, land-tenure reform, improving water management, and boosting trade, innovation, research and education.

More than 40 meetings have so far been held with about 84 organisations across northern Australia. Development of the green paper is well advanced, ahead of its expected release next month.

Visiting Darwin yesterday, Tony Abbott revealed that his government would [...]

Book – Economics in One Lesson by Henry Hazlitt

by 4 March 2014

Economics in One Lesson is an introduction to free market economics written by Henry Hazlitt and first published in 1946.

The “One Lesson” is stated in Part One of the book: The art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups.

Part Two consists of [...]

Article – China free-trade zones fuel rivalry concern

by 4 March 2014

24 January 2014 Denise Tsang, Jeanny Yu and Benjamin Robertson South China Morning Post

The mainland’s decision to create 12 free-trade zones, in addition to Shanghai, begs the question whether they could all be viable.

Xinhua reported on Wednesday the central government had agreed in principle to approve 12 free-trade zones, more than three months after the Shanghai zone was created in September.

Guangdong and Tianjin were expected to launch in a year. [...]

Article – Development zones get a shove

by 3 March 2014

28 February 2014 Lisa Steyn Mail & Guardian

Meaningful incentives such as tax breaks and labour reform are finally on the cards for the special economic zones (SEZs) but they face continued delays — and a budget cut.

The zones were mentioned enough times in Finance Minister Pravin Gordhan’s budget speech on Wednesday to suggest there is indeed a renewed and determined drive to get the manufacturing hubs off the ground.

He spoke about tax [...]

Article – Northern Australia White Paper Underway

by 3 March 2014

28 February 2014 Office of the Prime Minister

The Premiers of Queensland and Western Australia and the Chief Minister of the Northern Territory have agreed to join a new Strategic Partnership to inform the development and implementation of Australia’s first Northern Australia White Paper.

The Coalition Government is delivering on its commitment to put in place the policies and plans to develop Northern Australia’s potential with more investment, infrastructure, jobs and services.

The White Paper [...]

Article – Darwin abattoir on track for AACo

by 3 March 2014

20 February 2014 Matt Brann ABC Rural

The Australian Agricultural Company (AACo) is spending $91 million to build a meatworks near Darwin, in what is probably the biggest and most important agricultural project in northern Australia this year.

As can be seen from the pictures above, the construction of the abattoir is well under way and is expected to be operational by the second half of 2014.

The abattoir is located near the Stuart Highway [...]

Article – Northern Australia development on agenda

by 3 March 2014

28 February 2014 Neda Vanovac AAP

PLANS for the development of northern Australia are advancing as the federal government seeks to take advantage of Asia’s economic boom.

The premiers of Queensland and Western Australia and the Chief Minister of the Northern Territory are partnering to develop and implement a northern Australia white paper within 12 months.

It is the continuation of a pre-election promise made by Prime Minister Tony Abbott, who says the region is [...]