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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 Dam expansion, amid expectations it could take years for the miner to finalise a viable new development plan.

The Australian

Engineering contractors are continuing to fill their order books on the strength of the committed expansion plans of the Pilbara iron ore producers despite the free fall in prices since April.

BHP Billiton chief executive Marius Kloppers presented a bleak outlook for an expanded Olympic Dam mine ever operating in South Australia.

The Age

Miners are spending less searching for minerals for the first time since the global financial crisis. The ABS yesterday said spending on exploration in the June quarter fell by $53 million to $1.02 billion after hitting a record high in March.

Herald Sun

BHP Billiton chief Marius Kloppers has declared the group will “work with undiminished vigour” to extend Olympic Dam despite spiking its colossal expansion plan.

Courier Mail

BHP Billiton chief executive Marius Kloppers has reassured South Australians the company is not walking away from the Olympic Dam mine project.

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.

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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. (more…)

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.

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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.

Australian politics has suffered from a lack of vision and no clear plans for nation-building. Our aim is to advocate for positive advancement and development of Northern Australia.

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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. (more…)

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

by 25 May 2012

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

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. Only 15% said that a higher population would be bad for North Australia.

Clearly public opinion is firmly on the side of a higher population in North Australia. (more…)

BHP sounds the same warning as ANDEV

by 17 May 2012

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.

At an Australian Institute of Company Directors lunch in Sydney yesterday, Mr Nasser described Australia as “one of the higher-cost countries in the world” for mining. He warned that if input costs in the resources sector remain high and the regulatory environment uncertain, BHP would move investment offshore. (more…)