Recent News

Western Australia's regional councils face wait-and-see over Royalties for Regions funding

As the McGowan Government prepares to put its stamp on regional development, residents in regional Western Australia face a nervous wait. Since its establishment in 2008, Royalties for Regions has delivered more than $7 billion in funding to regional areas, generated by a quarantine placed on 25 per cent of mining royalty revenue.
Labor...

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Proposed Top End prawn farm receives green light from Environmental Protection Authority

The company planning to build Australia's largest prawn farm has received a recommended approval from the Northern Territory's Environment Protection Authority (EPA), to proceed with its first stage of development. The tick from the EPA is a significant step forward for construction to start on the $1.9 billion Project Sea Dragon ...

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Contango's Bill Laister favours Mount Gibson's Koolan Island iron ore

Bill Laister has been in funds management since 1989, getting a taste for investing in the most rambunctious environs of the analogue age. The Contango Asset Management senior portfolio manager started out as an operator on the trading floor, or as he puts it, "one of the guys that was screaming at the chalkies". For the Liverpo...

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Native title system restricting benefits for Indigenous Australians, research finds

Inequalities in the native title system are limiting the flow of benefits to traditional owners from agreements with governments and industry, a new report suggests. The report, released by Curtin University and the University of Western Australia this week, found that, even after native title had been recognised, the weak bargaining posi...

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Talks aim to buy Cockatoo Island site

The liquidator maintaining the Cockatoo Island mine site is negotiating with an interested party to buy the iron ore project as traditional owners fear a lack of attention could lead to an environmental catastrophe. It has been more than two years since Pluton Resources collapsed into receivership. But Bryan Hughes of Perth-based Pitc...

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Airlines vital for share of tourism boom

If Western Australia can crack the challenge of air access, the state seems perfectly poised to capitalise on China's outbound tourism boom. A recent survey of 100,000 Chinese households found 42 per cent of respondents said travel would be their top budget priority in 2018, so there is no indication the record numbers of Chinese reachin...

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6 Napier Tce
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