Industry News
National Australia Bank (NAB) and the Export Finance and Insurance Corporation (EFIC) have signed a Master Working capital Agreement that will assist Australian exports gain ready access to additional working capital to finance export contracts.
Government announces visa costs changes
The Federal Government has announced significant changes to the country’s visa pricing system as it shifts to a ‘user-pays’ system.
CFO's wary in 'shape-shifter' economy
The country’s Chief Financial Officers (CFOs) continue to remain risk averse, according to the latest survey conducted by professional services firm Deloitte.
Oil and gas labour demand still strong
Demand for skilled labour in the oil and gas industries is continuing to show growth, according to Hays’ Oil and Gas Global Job Index.
Rio breaks Pilbara iron record
Mining giant Rio Tinto has released its third quarter 2012 operations review, showing it has posted a record quarterly Pilbara iron ore production.
Norbuilt wins Goyder River project
The Federal Government has announced Darwin-based construction company, Norbuilt, as the winning bidder for upgrading to the Central Arnhem Road and other major local infrastructure upgrades.
QMC commences copper drilling
Queensland Mining Corporation has announced it has commenced mining at the company’s Young Australian copper project in Queensland’s northwest.
Maersk makes more cuts
International shipping giant Maersk has announced more cuts to its Asia-Europe trade, citing falling demand for the trading route.
Tasmania joins rail safety system
The Tasmanian Parliament has passed legislation that will see the state join the country’s first National Rail Safety Regulator.
Tasmania and South Australia are now the first two states to join the NRSR, which from January next year will see all of the country’s railways come under a single regulator.
The NRSR forms part of a broad reform push that will see 23 state-based maritime, rail and heavy vehicle regulatory bodies reduced to just three.
The national rail safety regulator, headed up by Rob Andrews, will be based in Adelaide and have oversight of the country’s urban passenger rail networks and interstate freight operations.
Melbourne to host PAX
The Victorian Government has announced Melbourne has been selected as the host for the Penny Archade Expo Australia in 2013 and 2014.
NT outlines priorities
The newly minted Northern Territory Government has outlined its key priorities for the coming months, with Chief Minister Terry Mills saying a number of key reforms are on the agenda.
Financial controller appointed for struggling council
The Queensland Government has announced the appointment of a financial controller in a bid to reverse the fortunes of the struggling Torres Strait Island Regional Council.
WA keeps the lead in State of the States report
CommSec has released its highly anticipated quarterly State of the States report, with Western Australia declared the shining star of the Australian economy, coming either 1st or 2nd out of seven of the eight key indicators.
Giant manta to be protected
The Federal Government has announced that giant manta ray is now protected under national environmental law.
BP begins terminal expansion
Oil and petroleum giant BP has announced it has started work on the construction of the $20 million expansion of its Largs North Terminal.
SA secures WHS deal
The South Australian Government has welcomed the breaking of the political deadlock that will allow for the progression of the nationally harmonised Work Health and Safety legislation.
Crush guard for Commonwealth quad bikes
The Federal Government has announced a suite of measures designed to improve quad bike safety at a recent forum of farmers, unions and industry representatives on the safety of All Terrain Vehicles (ATVs).
Elections to 'revitalise' local government
The Victorian Minister for Local Government Jeanette Powell has said this year’s local government elections stand to revitalise the sector.
Queensland to recommence uranium mining
The Queensland Government has announced it will convene a three-member implementation committee to oversee the recommencement of uranium mining in the state.
Workplace safety? There's an app for that
Workplace health and safety specialist SafetyCulture has released the next version of their OHS workplace auditor app.
PB wins Karratha contract
Parsons Brinckerhoff has won the tender to construct a 20MW GE TM2500 turbine for Horizon Power at Karratha in Western Australia’s Pilbara region.