Darwin is set to be “the floating LNG capital of the world”, Northern Territory Minister for Primary Industry, Fisheries and Resources Kon Vatskalis says.
Speaking at the Australian Pipeline Industry Association Annual Convention in Darwin, Mr Vatskalis said the top end looked likely to become a hot-spot for floating liquefied natural gas (LNG) developments.
“Within 10 years, [...]

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According to The Treasury of the Australian Government, China’s economy has leapfrogged from being just four per cent of the US economy in 1980 to nearly 90 percent the size of the American economy in 2015.
Additionally, China now boasts the world’s largest urban population, with 630 million urban citizens. The growth of its towns, cities, [...]

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Federal Treasurer Wayne Swan wants Labor’s mining tax legislation drafted as quickly as possible, rather than delay it until the second half of 2011 when a more compliant Senate is in place.
”There’s no notion in my mind of delaying the considerations that are so important to this tax until we get a change in the [...]

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Tony Windsor had wanted the minerals resource rent tax to be discussed at a forum held before June 30 next year to revisit the Henry tax review.
However Mr Swan said today the tax would not be on the summit’s agenda because the government was in the process of designing the measure and preparing legislation for [...]

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A $100-million dollar supercomputer will be built at the University of Melbourne for biomedical research.
The Victorian Premier, John Brumby, announced the project in San Diego overnight.
The powerful computers will be used to process complex data for research on the life sciences.
Professor Geoffrey Taylor says, high performance computing is essential for medical advances to be made.
“Now [...]

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