Wednesday, 23 October 2019 Sydney
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Invest In Australia News::

  • APLNG’s acquisition of Origin’s Ironbark project not opposed

    The ACCC will not oppose Australia Pacific LNG’s (APLNG) proposed acquisition of the Ironbark coal seam gas project from Origin Energy (Origin).

    APLNG is a large gas producer with significant gas tenements in eastern Australia. It supplies almost 30 per cent of the gas going into the east coast market, and processes the balance of its gas for export at its LNG facility near Gladstone, Queensland.

  • Funding for housing to be boosted in 2019-20 Budget.

    In recognition of continuing high demand for social and affordable housing, the Hodgman Liberal Government will allocate almost $68 million in 2019-20 to boost the supply of new social and affordable homes.

    This budget is about maintaining the momentum and investing for growth. The Hodgman Liberal Government recognises the increased demand for housing, and we are working through our ten year Affordable Housing Strategy to address housing stress and reduce homelessness in Tasmania.

  • Cherbourg community stands against unlawful door-to-door traders

    New roadside signage in the Aboriginal community of Cherbourg in southern Queensland is reminding door-to-door traders about their legal obligations under the Australian Consumer Law.

    The community today launched the ‘Do Not Knock informed’ communities program, a joint initiative between the Cherbourg Aboriginal Shire Council, the ACCC and the Queensland Office of Fair Trading (QOFT).

    The signage, located at the entrance to Cherbourg, reminds door-to-door traders that they must not approach houses displaying do-not-knock notices.

  • NBN consumers continue shift to higher speed plans

    More than 5.2 million Australian households are now connected to the NBN, with almost 60 per cent subscribed to higher speed plans, according to the ACCC’s latest quarterly Wholesale Market Indicators Report, released today.

    The report shows that NBN residential broadband connections across Australia rose by 8.5 per cent in the March quarter, up from 4.8 million at the end of the previous three months.

  • The good news continues for commercial kaffir lime leaf growers in the Northern Territory

    In good news for kaffir lime leaf growers, the first interstate consignment of leaves were sent from the Northern Territory to New South Wales on 13 May under a recently-approved national protocol.

    In April 2019, a protocol detailing procedures for the treatment and movement of kaffir lime leaves was approved by the other state and territory governments. The approved protocol allows the Territory’s commercial kaffir lime leaf growers to transport kaffir lime leaves to interstate markets for culinary purposes.

  • GSK and Novartis misled consumers with Voltaren Osteo Gel claims

    The Federal Court has accepted admissions by GlaxoSmithKline Consumer Healthcare Australia Pty Ltd (GSK) and Novartis Consumer Health Australasia Pty Ltd (Novartis) that they breached the Australian Consumer Law by making false or misleading representations in the marketing of Voltaren Osteo Gel and Voltaren Emulgel pain relief products.

    GSK and Novartis admitted that from January 2012 to March 2017,  they marketed Osteo Gel as being specifically formulated and more effective than Emulgel in treating osteoarthritis related pain and inflammation.

  • Budget to invest heavily in job creating infrastructure

    This year’s State Budget will be about maintaining the momentum in Tasmania and investing for growth.

    It will see the Hodgman Liberal Government invest heavily in intergenerational infrastructure that sets Tasmania up for the future.

    That means roads, schools, hospitals, and housing, as well as key economic infrastructure such as water and sewerage, irrigation and rail.

    It’s infrastructure that creates jobs and helps us deliver better essential services.

  • More Tasmanians in work

    Australian Bureau of Statistics labour force data release today for April shows there are now nearly 13,000 more Tasmanians in work than when the Hodgman Liberal Government came to office.

    Importantly, today’s data shows that 200 more Tasmanians found work compared to March which is a positive boost for the State.

    Today’s figures demonstrate that the Hodgman Liberal Government’s economic leadership is working for Tasmanians.

  • No reporting rules for dark fibre, NBN aggregation providers

    The ACCC will not require dark fibre and NBN wholesale aggregation service providers to regularly provide it with pricing and supply data.

    The services in question create more choice for consumers, by helping retail service providers (RSPs) deliver NBN to retail customers and by providing smaller RSPs with wholesale NBN access.

  • Statement on merger decision disclosure

    The ACCC has expressed its deep regret regarding the inadvertent disclosure of a merger decision last week on the afternoon before it was due to be announced.

    The competition regulator has conducted a full investigation into the incident and identified that it was caused by a flaw in its website content management system, which has been rectified. 

  • Launch of the newly relocated Haven in Launceston

    As part of National Families Week, I’m pleased to welcome the launch of the newly relocated Haven in Launceston.

    In a partnership between the Child Health Association Tasmania (CHAT) and TasTAFE, the Haven is a safe space for families to meet other parents, get up to date and practical information about your family’s health and wellbeing, access support and education services.

  • Second new Bruny Island Ferry ready to be built locally

    The Hodgman Liberal Government welcomes today’s announcement that SeaLink Travel Group has entered into a contract to build a second new passenger and vehicle ferry for the Bruny Island community.

    The $7.5 million vessel will be built by Tasmanian ship builder Richardson Devine Marine (RDM) which is a strong show of confidence in our local advanced manufacturing industry.

    SeaLink’s two new vessels will provide a more reliable, efficient and comfortable service, adding new schedules, faster turn around and a greater crossing capacity.

  • Court dismisses ACCC proceedings opposing rail freight consolidation

    The Federal Court has dismissed the ACCC’s proceedings against rail companies Pacific National and Aurizon, which related to control of Acacia Ridge Terminal, a key asset in Australia’s intermodal rail network.

    The Court indicated that it would have found that the proposed acquisition had the likely effect of substantially lessening competition in breach of the Competition and Consumer Act had it not been for the undertaking offered to the Court by Pacific National on the last day of the hearing. 

  • Environment Grants Help Territorians Breathe Easier with AirRater

    Top End residents with lung conditions such as asthma are set to breathe a little easier following today’s launch of the Northern Territory’s AirRater smart phone app.

    The Northern Territory Government, through Environment Grant funding, has supported the University of Tasmania to develop and release the AirRater app in the Northern Territory.

    The AirRater app alerts vulnerable residents when they are at risk from air-borne pollutants such as smoke from wildfires.

    The app can also:

  • New high-security cells have been built at the Goulburn Correctional Complex for extremist and terrorism-related offenders.

    The new 46-bed unit will house offenders who have demonstrated a commitment to disengage from radical behaviour.

    Security features at the unit include high-definition digital CCTV cameras, thermal-imaging cameras and a high-voltage electric fence.

    These security measures will ensure inmates remain securely inside the facility and will also stop contraband from entering the prison.

  • US company chooses Sydney for Australian HQ

     

    US company Signal Energy, LLC has chosen Sydney for its Australian headquarters secured with the assistance of the NSW Government, creating more than 40 jobs and hundreds of indirect jobs in the renewable energy sector.

    Minister for Investment Stuart Ayres said the Tennessee-based company has established an Australian subsidiary, Signal Energy Australia Pty Ltd, based at Barangaroo.

    “Signal Energy is a major engineering, procurement and construction services company and its choice of Sydney is a vote of confidence in our industry’s future,” Mr Ayres said.

  • Tasmanian artists exploring interstate and international opportunities

    The Hodgman Liberal Government has committed more than $50 000 to helping Tasmanian artists and arts organisations connect with their interstate and international counterparts through Arts Tasmania’s latest funding round.

    Six Artsbridge program recipients will share in more than $36 000 - allowing them to participate in exciting opportunities interstate and overseas, or attract visiting arts professionals to Tasmania.

  • Strong housing results for Tasmania

    Tasmania’s housing sector remains strong, according to lending finance data released by the ABS today.

    The data shows that lending for the construction of new homes in the year to March 2019 grew 19.2 per cent in Tasmania compared to the previous year. This was the highest in the country and Tasmania was one of only two states that had positive growth.

    The number of first home buyers entering the market continues to grow with 20.5 per cent more first home buyers in the year to March 2019, compared to the previous year. This was the fastest growth rate in the country.

  • New report tracks internet activity on mobile and fixed lines

    Mobile handsets continue to be the most common way consumers are accessing the internet while the largest volume of data is downloaded over fixed lines, as shown in a new ACCC data report on internet activity.

    The report, for the period ending 31 December 2018, also provides information on the number of retail services in operation (SIOs) by connection type and download speeds as well as the volume of data downloaded within Australia.

  • National energy market blown away by Tasmanian wind farms

    Today’s unveiling of the first wind turbine at the Cattle Hill Wind Farm is a clear sign of confidence in our State’s renewable energy sector and highlights the huge contribution the sector makes to jobs and investment in Tasmania.

    Such a significant development helps underpin the importance of our Battery of the Nation Plan and the State and Federal Liberal Government’s $86 million investment in that plan and Project Marinus – nationally significant energy developments that have the potential to inject billions into the Tasmanian economy and deliver thousands of local jobs.

  • West Wyalong solar farm approved

    A new solar farm in West Wyalong will generate 150 jobs during its construction and create renewable energy to power up to 37,500 homes.

    The NSW Government has approved a 100-megawatt solar farm that has the potential to save up to 212,000 tonnes of greenhouse gas emissions and reduce overall emissions.

  • Sydney Metro to open in May

     

    Customers will be able to travel from Rouse Hill to Chatswood on the Northwest Metro from Sunday, 26 May 2019.

    The Northwest Metro, the first of four Sydney Metro projects, is a turn-up-and-go rail service with 13 stations between Tallawong and Chatswood. 

    Trains will run every four minutes in each direction at peak times on the Metro Northwest Line.

    In the future, trains may run up to every two minutes. 

  • Retail turnover rises 0.3 per cent in March

    Australian retail turnover rose 0.3 per cent in March 2019, seasonally adjusted, according to the latest Australian Bureau of Statistics (ABS) Retail Trade figures. 

    This follows a 0.9 per cent rise in February 2019.

  • International Investment Position, Australia: Supplementary Statistics, 2018

    INTERNATIONAL INVESTMENT POSITION

    Australia's net international liability position as at 31 December 2018 was $975.7b, an increase of $6.9b on the previous year.


    Level of foreign investment in Australia