A joint venture comprising of Al Habtoor Leighton (40%), Murray & Roberts (40%) and Takenaka (20%) has withdrawn from a $2 billion project in Dubai.
The Al Habtoor – Murray & Roberts – Takenaka Joint Venture (HMRT) and the Dubai Department of Civil Aviation (DCA) have mutually agreed that the Joint Venture will pull out of [...]

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The Queensland government has announced a $100 million plan over three years to improve facilities in the state’s thriving mining towns.
Under the Sustainable Resource Communities Agreement, mining companies will have to talk to the state government about their projects before they could go ahead, said Premier Anna Bligh at the opening of a new coal [...]

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Australian Infrastructure Fund is (AIX) planning a $60 million expansion of Darwin International Airport following strong growth over a number of years.
The redevelopment, which is designed to cater for forecast passenger growth to 2015, includes a 65% increase in terminal floor space with an improved retail precinct, two new aircraft parking bays, and additional car [...]

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The $2 billion dollar pulp mill in northern Tasmania is close to dead in the water reports businessman Geoffrey Cousins.
The ANZ Banking Group announced on Thursday it will not be financially backing the Tamar Valley pulp mill.
Tasmanian Premier David Bartlett had previously confirmed the government would withdraw further taxpayer-funded support for the project.
“I met with [...]

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Tasmanian Premier David Bartlett has re-confirmed his government’s stance on the Gunns controversial pulp mill, declaring no more public money will be spent on the Tamar Valley development.
“The pulp mill project will now stand or fall entirely on the basis of whether the company (Gunns Ltd), the proponent, and its financiers are able to bring [...]

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The life of the gas and oil operation on coastal Western Australia has been extended due to the participants of the North West Shelf Venture project approving a $5 billion expansion project.
The North Rankin 2 development will include the installation of a platform which stands in 125 metres of water, 135 kilometers off Karratha. [...]

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