Article – Central Petroleum starts work toward Dingo field development

by 29 July 2014

21 July 2014 Rick Wilkinson Oil & Gas Journal

Central Petroleum Ltd., Brisbane, has begun clearing works for the Dingo gas field development in central Australia’s Amadeus basin 65 km south of Alice Springs.

This week Central Petroleum has received a pipeline licence (PL30) from the Northern Territory government. This follows the granting of a petroleum production licence (PPL 7) earlier this year and the more recent approval from the Territory’s Department of Mines and Energy for [...]

Book Release – Beyond the North-South Culture Wars

by 28 July 2014

21 July 2014

A new book, Beyond the North–South Culture Wars: Reconciling Northern Australia’s Recent Past With Its Future by Allan Dale, explores the conflicts which exist between northern and southern Australia. Increasingly, Australia’s agriculturalists are looking to the nation’s north to escape the decline in southern Australia’s water and soil resources. Booming mineral and gas development is also helping to drive the nation’s economic success. At the same time, the south’s conservation sector would [...]

Article – Live ex confidence surging in NT

by 28 July 2014

24 July 2014 Matt Sherrington North Queensland Register

RECENTLY released figures from the Northern Territory Livestock Exporters Association (NTLEA) have painted a surprisingly positive picture of live export from the Top End.

A total of 406,055 cattle were shipped to the usual destinations over 122 trips during the 2013/14 financial year, with the number one destination not surprisingly being Indonesia which accounted for 72 per cent of the intake.

The total export number is the [...]

Article – Aquaculture report recommends regulatory reform

by 25 July 2014

23 July 2014 Eliza Rogers/Craig Zonca ABC Rural

New aquaculture ‘development areas’ could be set up in central and northern Queensland if a report by the state’s competition authority is adopted.

The draft report recommends reforming regulation in the $80 million industry to better reach its potential and attract more investment.

But prawn farmers say there’s still a lot of work to be done.

AUDIO: Government and prawn farmers discuss aquaculture reforms (ABC Rural)

For the [...]

Article – NSW catching up to west and north in state economic race

by 25 July 2014

21 July 2014 Alicia Barry ABC News

New research shows growth across Australia’s states and territories is levelling out as the economy moves away from its reliance on mining.

CommSec’s State of the States report for the March quarter ranks Western Australia as the country’s best performing state or territory, due to an improvement in home lending and construction.

Closely behind was the Northern Territory, helped by the gas boom, and New South Wales where [...]

Article – Broken Hill miner to save millions with carbon tax scrapping

by 24 July 2014

21 July 2014 Vicky Validakis Australian Mining

Perilya has welcomed the abolishment of the mining tax stating the measure will save the company more than $3.5 million a year.

Managing director Paul Arndt said like other companies around the country, Perilya was set to save a fair amount of cash now that the tax had been repealed.

Operating a zinc and lead mine in Broken Hill, Arndt said the company had been opposed to the [...]

Repeal of the Minerals Resource Rent Tax

by 24 July 2014

18 July 2014

The Government committed to repeal the Minerals Resource Rent Tax (mining tax) and its associated spending measures in an entirely transparent manner at both the 2010 and 2013 Federal Elections.

When announced by Labor, the mining tax was supposed to raise $12 billion over its first two years of operation, instead it has raised closer to $300 million – or around 3% of what was promised, with most of it progressively refunded [...]

Article – NT must diversify as miners suffer: Giles

by 24 July 2014

11 July 2014 Nine News

Depressed iron ore prices have dealt the Northern Territory mining industry a double blow, as Sherwin Iron goes into voluntary administration and Territory Iron tells Pine Creek residents operations will end by December.

As the fates of workers in communities dependent on a single industry remain uncertain, Chief Minister Adam Giles says it’s essential for them to diversify.

Sherwin Iron announced on the Australian Stock Exchange on Friday that the [...]

Article – Growth needs sturdier base

by 24 July 2014

11 July 2014 NT News

THE closure of the Frances Creek iron ore mine at Pine Creek is a sobering reality check as politicians of all colours wax on about the development of Northern Australia.

Pine Creek now faces the same fate as Nhulunbuy – the loss of the town’s lifeblood industry will send hundreds of workers away and in turn damage local businesses that support the population.

While the downturn of the iron ore [...]

Article – North needs insurance rethink

by 23 July 2014

15 July 2014 Matthew Cranston The Australian Dairyfarmer

INSURANCE Council of Australia president Mark Milliner has warned the expected boom in insurance and ­investment in developing Australia’s north will never happen unless governments make a front-end investment in resilience and mitigation.

“Northern Australia is in danger of being left behind the rest of Australia economically unless risk and resilience are addressed,” Mr Milliner said.

“Most business can see the economic opportunity that exists in the [...]