Updated November 22, 2018 13:41:04 For a small country, it’s a plan of vast ambition. Key points: Timor-Leste spending $484m to buy 30 per cent stake in Greater Sunrise Australian officials doubt whether Timor-Leste can pull off pipeline plan Fledgling nation could face financial disaster if project collapses Timor-Leste’s leaders want to build a 150-kilometre
Updated December 11, 2018 08:54:57 Photo: More than 150,000 apartment were under construction in June. (ABC News) The banking royal commission’s final report is still months away, but its public exposure of bad practices and dodgy lending has already had a chilling effect on the property market. Anticipating the commission’s findings, the major banks have
Japanese oil and gas giant Inpex has reached a major milestone with the departure of its first shipment of condensate from its Ichthys LNG project in Western Australia’s Browse Basin. The cargo — a light crude oil that will be refined and turned into fuels — is destined for markets in Asia and signifies the
Updated December 10, 2018 18:47:57 A coronial report into the death of an INPEX worker last year has found workplace health and safety guidelines were regularly ignored at the time of his death. Carl Delaney was working for subcontractor Whittens within a confined area inside a tank on the INPEX Ichthys LNG Project when he
Posted October 04, 2018 08:49:16 Photo: The US dollar rose on strong economic indicators, sending the Aussie dollar lower. (AAP: Joel Carrett) The Australian dollar tumbled overnight as the US dollar rose on stronger-than-expected economic data, while Wall Street closed higher despite running out of steam through the session. Markets at 7:45am (AEST): ASX SPI
Updated December 10, 2018 11:13:25 Photo: The $1.1 million Michael Tichbon Field Station was officially opened on Friday at Bush Heritage’s Red Moort Reserve. (Supplied: William Marwick) A purpose-built ecological research facility will be the new base allowing environmental workers to monitor threatened species in West Australian wilderness from the field. The $1.1 million Michael
Posted October 15, 2018 15:50:03 The trawl fishing industry is relieved the national offshore regulator has rejected plans for a massive seismic survey off the Victorian coast. French company CGG Services planned to map 16,850km square of the seabed, east of Melbourne, for oil and gas reserves. CGG Services applied to the National Offshore Petroleum
Posted October 25, 2018 09:34:39 Photo: Richard Evans was a subcontractor for the company JM Kelly. (ABC News: Emilia Terzon) Related Story: Central Queensland building company goes into administration Rick Evans’ work as a concrete driller in Rockhampton is gruelling work — but it is not nearly as stressful as being left stranded with unpaid
Updated October 16, 2018 09:58:40 Photo: Naomi Wilfred is concerned about her traditional lands. (ABC News: Jane Bardon) A group of Indigenous traditional owners from remote parts of the Northern Territory will travel to Origin Energy’s annual general meeting in Sydney on Wednesday to tell shareholders they have not given permission for the company to
Updated October 25, 2018 18:19:14 Photo: A white dolphin jumps out of the sea in front of the Hong Kong-Zhuhai-Macau bridge off Lantau Island. (Reuters: Bobby Yip) Related Story: ‘Feat of engineering’ or ‘bridge of death’? China opens world’s longest sea bridge Related Story: China’s massive bridge linking Hong Kong, Macau and Zhuhai is ready
