Archived News for Industry Professionals
Prime Minister Julia Gillard has introduced the Federal Government’s carbon tax legislation to Parliament, saying that the legislation will lead to reducing the country’s carbon production while stimulating the economy and creating jobs.
"The jobs of the future are clean energy jobs. Employment is projected to grow strongly with a carbon price," Ms Gillard told the Hose of Representatives.
The Federal Government has released projections that claim that up to 1.6 million jobs will created in the coming eight years, significantly more than would be created if no carbon tax was implemented.
Oakajee deal nears completion
The Western Australian State Government has announced that a deal to overhaul the troubled $5.9 billion Oakajee port and rail development is only weeks away from being finalised.
NSW promises to trade royalties scheme for compensation
The New South Wales State Government has pledged to drop its planned $944 million royalties hike if the Federal Government compensated the state for losses incurred with the planned Carbon Tax.
Rio Tinto to spend $299 million on Pilbara water project
Mining giant Rio Tinto has announced a $299 million project to construct sustainable water supply for its iron ore operations in the Pilbara region of Western Australia. The plant will have a planned capacity up to the 333 million tonnes (Mt/a).
Queensland to host International Gas Symposium
The Queensland Government has announced the state will host both domestic and international top-level experts and industry leaders of the gas sector in a two-day International Gas Symposium.
Queensland gas market to continue boom
The Queensland State Government has expressed its confidence in the health and longevity of its gas mining sector, with a number of new major investments set to deliver ‘decades of jobs for Queenslanders’.
NSW to follow WA on royalties increase
The New South Wales State Government has announced it will follow Western Australia's example and move to increase mining royalties. The changes will be announced in the State Budget this week after State Treasurer Mike Baird outlined the policy.
Olympic Dam agreement inches closer
An agreement between the South Australian Government and BHP Billiton over the company's proposed expansion to its Olympic Dam site seems to be inching closer after an initial draft indenture act has been outlined.
BHP funds Newcastle port expansion
BHP Billiton has announced the company has approved a US$367 million investment for the third stage of development of the Newcastle Coal Infrastructure Group’s (NCIG) coal handling facility in Newcastle.
Miners paying more tax
A report commissioned by the mining industry and published Deloitte Access Group shows that mining companies are paying slightly more tax as a percentage of their income compared to the same time three years ago.
South Australia developing STEM strategy
The South Australian Government is developing a cross-government strategy to increase the supply of people taking up careers in the science, technology, engineering and mathematics fields to meet the future needs of local industry.
New reference guide for sustainable mining released
A new reference guide has been launched, bringing together the the major lessons of the leading practice handbooks and case studies from around the world in a single reference point for mine managers, senior operating personnel at mine sites, consultants, regulators and others involved in implementing practical and sustainable mining solutions.
Federal Government releases resources rent tax draft
Treasury has released an exposure draft legislation for the extension of the Petroleum Resource Rent Tax (PRRT) for public comment.
Federal Government establishes skills standards council
The Federal Government has announced the formation of the National Skills Standards Council (NSSC), which will act as a standards setting body for the vocational education and training (VET) sector with an aim to improve quality and consistency of VET regulation throughout the country.
Bowen Basin resource companies to further indigenous employment
The Federal Government has announced its Bowen Basin Indigenous Mining Contractors initiative that aims to further Indigenous employment in the field.
Carr calls for an end to 'closed loop' ore deals with China
Federal Industry Minister Kim Carr has called an end to the practice of exporting ore to China and, in return, purchasing the finished steel product.
Queensland's Major Projects Office opens
Queensland's new Major Project Office (MPO) has been opened by the State Government in a move to streamline approval processes for developers of major projects.
John Holland Wins Contract for GLNG Curtis Island LNG Jetty
John Holland has been awarded a marine subcontract worth in excess of $90 million which forms part of the works for GLNG’s proposed Curtis Island LNG facility.
Downer EDI announces $166.4 million profit
Downer EDI Limited (Downer) has announced underlying earnings before interest and tax (EBIT) of $292.2 million for the year ended 30 June 2011, 8.1% lower than the previous year. Underlying net profit after tax (NPAT) was 15.7% lower at $166.4 million.
BHP Billiton profit soars
BHP Billiton has posted a record profit of $22.6 billion, almost twice last year’s result and the biggest profit ever recorded by an Australian company.
Greens call for Olympic Dam processing jobs to stay in Australia
In the wake of BHP Billiton’s record profit announcement, South Australian Greens MP Mark Parnell is calling on the South Australian government to insist that BHP process Olympic Dam ore in South Australia, not export it to China to save costs.