Article – Australia scores ‘most favoured nation’ provisions in FTA with China

by 16 March 2015

13 March 2015 John Garnaut WA Today

Australia’s biggest-ever bilateral trade deal is set to grow much bigger, with China agreeing to a special ratchet clause that will ensure that future benefits conferred to other countries will flow automatically to Australia.

The much-coveted “most favoured nation” provisions in the China-Australia Free Trade Agreement have been kept under wraps at the request of Chinese negotiators, who were pursuing a parallel deal with South Korea.

Trade Minister [...]

Article – Northern Aust white paper due mid-2015

by 16 March 2015

5 March 2015 The Australian

The federal government’s blueprint for developing northern Australia will be released by mid-year.

Prime Minister Tony Abbott told parliament Trade Minister Andrew Robb was finalising the white paper on northern Australia.

“The focus is on building priority roads, developing water resources, attracting more investment and reducing red tape,” Mr Abbott said of the document.

Northern Australia was seen as the “last frontier”, but was in fact the “next frontier” for [...]

Article – White Paper Draws Closer

by 16 March 2015

6 March 2015 Cairns Post

PRIME Minister Tony Abbott has assured a long-awaited report into unlocking the economic potential of Northern Australia will be released by midyear.

Mr Abbott told parliament yesterday Trade Minister Andrew Robb was finalising the white paper on Northern Australia.

“The focus is on building priority roads, developing water resources, attracting more investment and reducing red tape,” Mr Abbott said of the document.

Northern Australia was seen as the “last frontier”, [...]

Article – Family farms underpin economy: Joyce

by 16 March 2015

3 March 2015 Colin Bettles Farm Weekly

FEDERAL Agriculture Minister Barnaby Joyce has endorsed Australian agriculture as a critical moral and economic activity that underpins the national interest.

During a passionate plea at the first day of the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) annual Outlook conference in Canberra on Tuesday, Mr Joyce claimed family farms were also central to that political equation.

He said throughout mankind’s history, civilisations had either [...]

Article – Chinese undeterred by new investment rules

by 12 March 2015

4 March 2015 Tim Binsted The Australian Financial Review

Geoff Raby, Australia’s former ambassador to Beijing, says Chinese interest in Australian farms and processing assets is surging, despite the Abbott government’s crackdown on foreign purchases of agricultural land and real estate.

Since March 1, foreign investors require approval from the Foreign Investment Review Board to buy agricultural land worth $15 million, down from the previous threshold of $252 million.

New rules flagged last week by [...]

Article – State Election blamed for Northern Australia white paper delay

by 12 March 2015

27 February 2015 Daniel Bateman The Cairns Post

THE Queensland election has been blamed for further delays in the release of the report into unlocking the economic potential of Northern Australia.

Prime Minister Tony Abbott is expected to soon make an announcement about the Coalition’s white paper, which will recommend policies to boost population and economic growth across the region.

Tax incentives, infrastructure upgrades, reducing the cost of insurance and relocating public servants have all [...]

Article – Northern white paper runaround

by 12 March 2015

3 March 2015 Tablelander

CONTINUED heat on the Abbott Government to table the six-months-late Northern Australia White Paper is sending government officials into a spin.

During Senate Estimates last week, questions about the White Paper were asked of senior officials in the two government departments responsible for key elements of the paper.

The officials’ answers at Estimates were conflicting.

Senator for North Queensland Jan McLucas said officials from the Prime Minister’s Northern Australia Taskforce couldn’t [...]

Article – Telangana woos aerospace majors to invest in SEZ near Hyderabad

by 12 March 2015

20 February 2015 Mahesh Kulkarni Business Standard

A day after Andhra Pradesh chief minister N Chandrababu Naidu made a strong pitch for investment from aerospace and defence majors at Aero India, its neighbour Telangana also used the same platform to solicit investments.

Telangana, the youngest state in India, is expanding its existing aerospace special economic zone near Hyderabad international airport with an addition of 1,000 acres. “The Hyderabad Aerospace SEZ is the first exclusive park for [...]

Article – ‘Unsupportive’ government threatens coal, miners warn

by 12 March 2015

23 February 2015 Sarah-Jane Tasker The Australian

AUSTRALIA’S coal sector contributed $66.2 billion to the east coast economy in one year, a ­figure top miners warn is at risk from “unsupportive” governments stifling growth.

The coal exporting states of Queensland and NSW provided that significant boost to their economies in 2013-14 through ­direct and flow-on contributions. The economic research, compiled by Lawrence Consulting, also highlighted that the sector in those two states employed, ­directly and [...]

Article – PM Opens AA Co’s Trail-blazing Darwin Beef Plant

by 12 March 2015

20 February 2015 Jon Condon Beef Central

PM Tony Abbott has officially opened the Australian Agricultural Company’s new northern beef processing facility south of Darwin.

Read the full article here.

Courtesy of Beef Central