The Federal Government welcomes today’s announcement by Oz Minerals of further investment in its proposed Carapateena copper project and in a Concentrate Treatment Plant at Whyalla.
Today’s announcement by Prime Minister Malcolm Turnbull of the Comprehensive Strategic Partnership with Singapore will strengthen the relationship between the two countries, growing our scientific and innovation collaboration, as well as building defence and trade links.
The Australian Government announces that David Bennett will become Australia’s first IP Counsellor in China.
Australia will join the Extractive Industries Transparency Initiative (EITI), an international standard for increased transparency and accountability in the oil, gas and mining sectors.
Geelong’s Phoenix Fabrication and Welding Pty Ltd will receive a $159,091 grant to expand its manufacturing facilities and create seven new jobs in fabrication, sheet metal work and hydraulic fitting.
The Government has secured an additional expected $2 billion investment in northern Australia with Singapore to upgrade joint defence training facilities in Townsville and Shoalwater Bay in Queensland
Legislation to establish the Government’s $5 billion Northern Australia Infrastructure Facility (NAIF) has passed the Parliament enabling it to commence from July.
Two new initiatives designed to make investment in Australian start-ups more attractive will be in place for the 2016-17 financial year after passing the Senate today.
The resources sector continues to play an important role in our economy, representing around 10 per cent of Australia’s GDP and more than 50 per cent of our exports.
The 2016-17 Budget will commit vital funding to support science in action which will in turn support Australia’s successfully transitioning economy.