2016 news archive
Scientists get down and dirty to unlock northern Australia's agricultural potential
Scientists have been digging up the dirt on northern Australia's potential to become an agricultural powerhouse.
In the biggest undertaking of its kind in Australia, thousands of soil samples were collected from water catchments in Western Australia, the Northern Territory and Queensland.
Over $475 million of new investment in offshore petroleum exploration
The Australian Government’s 2015 Offshore Petroleum Exploration Acreage Release has been finalised, with nine new offshore petroleum exploration permits awarded across both rounds.
The new exploration permits are located in Commonwealth waters of the Territory of Ashmore and Cartier Islands and offshore South Australia, Victoria and Western Australia. These permits will potentially see more than $475 million in exploration investment over the next six years.
TNG, Carnegie eye vanadium battery market
Aspiring vanadium miner TNG has signed a deal with Carnegie Wave Energy’s Energy Made Clean (EMC) and Japan’s Sumitomo Electrical Industries to exploit the growing market for off-grid power through the use of vanadium redox flow batteries.
Under the terms of the agreement, TNG would supply the vanadium electrolyte from its Mt Peake project in the Northern Territory, Sumitomo would supply the containerised systems and EMC the technical know-how and supporting components.
Read the full article on TNG, Carnegie eye vanadium battery market.
Exploring for the Future in the Barkly region
The Minister for Primary Industry and Resources today welcomed the commencement of the $100 million four-year Australian Government initiative Exploring for the Future.
The minister said the Exploring for the Future program focuses on northern Australia, in recognition that this under-explored region offers enormous potential for industry development and is close to Asian markets. Northern Australia is rich in mineral deposits including zinc, lead, silver, gold and copper.
Discovering Australia's next generation of resources
The Australian Government is supporting the development of the next wave of mineral, energy and groundwater resources, with work now underway on the $100 million Exploring for the Future program.
"Australia’s wealth of natural resources has underpinned our economic success for decades," the Minister for Resources and Northern Australia said.
Conference aims to boost NT exploration investment
More than 200 local and international delegates are expected to attend a conference on the expanding opportunities for minerals and energy exploration in the Northern Territory.
Registrations are now open for the Annual Geoscience Exploration Seminar (AGES), which will be held at the Alice Springs Convention Centre on 28 and 29 March 2017.
Crowne Plaza returns to the Red Centre
Lasseters Hotel has formally entered into a franchise agreement with IHG (InterContinental Hotels Group) to become Crowne Plaza Alice Springs Lasseters. This long term agreement sees IHG return to Alice Springs for the first time since 2014 and marks an overall return to the Northern Territory for the hotel chain.
Read the full article on Crowne Plaza returns to the Red Centre.
Investing in Australia’s future - the Australian Export Awards
The Australian Minister for Trade, Tourism and Investment announce this week's Australian Export Awards will feature a new category acknowledging the important contribution of international investment into Australia's economy.
The Minister for Trade, Tourism and Investment's Investment Award will honour an international company or joint venture making a long-term contribution to our economy by creating employment, cultivating innovation and facilitating Australian industry expansion within global supply chains.
Coalition building better regions
Rural, regional and remote Australia can apply for funding to build better regions under a new fund announced by the Australian Minister for Regional Development today.
Speaking at the Rural Press Club in Victoria, the minister said the economic case for investing in Australia's regions was clear.
Read the full media release on Coalition building better regions.
Investment - working in the national interest
The Australian Government's annual Investment Statement to Parliament updates the Parliament - and the Australian people - on the government's work promoting Australia as a place for productive foreign investment.
Best countries to invest in
More than $1 trillion is pumped around the world in foreign direct investment each year, a country's share of which is sometimes thought to signify its value and potential to the world.
Territory’s biggest ever business delegation starts Rizhao Summit
The Chief Minister today joined the largest ever Territory trade and investment delegation to China ahead of key business meetings.
The group of 75 Territory businesses - who have arrived in the Shandong province - includes delegates from industry sectors such as education, primary industries, tourism, mining, property and infrastructure.
Northern Gas Pipeline on Chief Minister’s China agenda
The Chief Minister today met with Chinese Government and industry officials in Beijing - including one of the key stakeholders in the Northern Gas Pipeline - ahead of the NT-Rizhao Economic Summit this week.
"Construction of the Northern Gas Pipeline, which is due to be completed in 2018, will create more than 900 jobs during construction, of which more than 60% could be filled by Territorians," the Chief Minister said.
New scholarship program to boost international education
A first-of-its-kind scholarship program will be offered in the Northern Territory providing international students with the opportunity to further their studies in the NT, the Chief Minister announced today.
A total of 36 scholarships will be offered - four each for China, India, Indonesia, Japan, Korea, Nepal, Philippines, Timor-Leste and Vietnam - in an equal partnership between the NT Government and training and international education providers.
Chief Minister visits Geoje shipyard
The Chief Minister has inspected the shipyards in Geoje where the INPEX-led Ichthys LNG Project’s central processing and floating production, storage and offloading facilities, as well as the Shell Prelude FLNG facility, are being constructed.
Once completed, the facilities will be located in the Browse Basin, west of Darwin and will create new business opportunities in the Territory.
Read the full media release on Chief Minister visits Geoje shipyard.
INPEX agreements support Territory jobs and growth
The Chief Minister has met with Representative Director President and CEO of INPEX Corporation, Mr Toshiaki Kitamura, signing two important agreements that will support future jobs and economic growth in the Territory.
The Chief Minister said he had been invited by Mr Kitamura to visit Japan and had promised to visit Tokyo within his first three months as Chief Minister as a demonstration of his commitment to strengthening the relationship.
Chief Minister strengthens agricultural ties in Japan
The Chief Minister today met with Mr Katsuo Yakura, Parliamentary Vice Minister for Agriculture, Forestry and Fisheries, to discuss future cooperation in agriculture and aquaculture.
The Northern Territory Government and the Japanese Ministry of Agriculture Forestry and Fisheries moved an important step closer to an official Memorandum of Cooperation and to foster closer ties.
Chief Minister to lead biggest ever trade delegation to China to help create jobs for the Territory
The Chief Minister will lead an international trade, engagement and investment mission to Japan, Korea and China from Thursday, 27 October to 6 November.
The trade mission will include the biggest ever delegation of Territory businesses to travel to China, a key trading partner, and one of the biggest to ever leave the NT.
Representatives from 68 Territory businesses are making the trip to China.
First batch of prawns arrive in Exmouth for the $1.5 billion Project Sea Dragon
The company looking to build one of the world's biggest prawn farms on a cattle station in the Northern Territory has reached an important milestone, with the arrival of broodstock prawns to its newly-upgraded quarantine facility.
Seafarms Group has completed a $1.3 million upgrade of its prawn quarantine and founder stock facility in Exmouth, WA, which will be used to introduce, hold, rear, test and screen wild broodstock animals for any diseases that could affect production.
Expressions of Interest called for horticulture venture
The NT Government is calling for Expressions of Interest to lease land near Ti Tree for the establishment of a horticultural enterprise.
The Territory is providing an opportunity to increase horticulture activities in the Ti Tree region and provide economic development through the leasing of this land for agricultural development.
Crop trial shows industry potential in Central Australia
The Primary Industry and Resources Minister today visited a garlic harvest trial at the Arid Zone Research Institute in Central Australia.
The minister said there is a strong market for Australian garlic and this is a great opportunity to develop and grow the Territory horticultural industry.
First Territory mangoes to United States
The first ever shipment of Territory mangoes to the United States of America are ready to export this week.
The Minister for Primary Industry and Resources said this latest export avenue is showing great confidence in the Territory industry and product.
Read the full media release on first Territory mangoes to United States.
Local SMEs take pointers from experts
A workshop on small and medium enterprise (SME) engagement for the National Food Strategy Development was yesterday held as part of the Brunei Halal Showcase (BruHAS) 2016.
Held at the Design and Technology Building in Anggerek Desa Technology Park, the workshop was organised by the Global Halal Industry Development Division (GHID) of the Energy and Industry Department at the Prime Minister’s Office (EIDPMO) in collaboration with Ghanim International Corporation Sdn Bhd and DARE (Darussalam Enterprise).
Read the full media release on Local SMEs take pointers from experts.
Japanese live cattle market reopens
THE Coalition government has won Japanese approval to re-open Australia’s live cattle export trade.
In May, the market valued at more than $14 million a year was temporarily suspended in response to cattle exported from Australia testing positive for bovine Johne’s disease (BJD) on arrival in Japan.
Read the full media release on Japanese live cattle market reopens.
Preferred proponent selected for Darwin ship lift
The Northern Territory Government will contribute up to $100 million towards a ship-lift facility at East Arm that will position Darwin as the marine services hub for northern Australia.
The Chief Minister has announced that Pearl Marine Engineering (PME) was selected last month as the preferred proponent and negotiations will now begin.
The Chief Minister said marine industries were projected to support up to 4500 full-time jobs and inject $3.5 billion into the Territory economy.
High class agricultural land identified in wildman river region
The Department of Land Resource Management (DLRM) today released a report that has identified 8994 hectares as ‘high class’ land for agriculture.
DLRM Land Assessment Branch Director Jason Hill said these deep, sandy or loamy surfaced red earths on level to gently undulating plains in close proximity to Darwin presented significant economic opportunity.
Mr Hill said potential crops identified for possible growth include tropical citrus, cucurbits, fruiting vegetable crops, and leafy vegetables and herbs.
Territory mango exports - a step closer
The Northern Territory (NT) Government has opened a Request for Proposal (RFP) process, inviting proposals from eligible proponents to establish and operate a mango export treatment service in the Top End.
"The NT Government is committed to advancing the NT agricultural industry and supporting local business. This service will stimulate the direct export of NT mangoes to China, South Korea, Japan and Indonesia, a market of 1.8 billion people," said the Minister for Primary Industry and Fisheries.
A $2 million investment into the Territory mango industry to support exports was a 2016 budget announcement by the NT Government and includes a significant grant component of $1.75 million to the successful proponent.
Read the full media release on Territory mango exports - a step closer .
Hunt for lithium in the NT being supercharged by renewable energy boom
A record number of mining companies are exploring for lithium in the Northern Territory this year, as the price for the soft metal hits new highs.
Ian Scrimgeour from the NT Department of Mines and Energy said the level of exploration was extraordinary and 2016 was shaping up to be "the year of lithium in the NT".
Kenbi handover a truly historic occasion
The Chief Minister has hailed the dawn of a new era for the Cox Peninsula after the historic handover of the Kenbi Land to Traditional Owners.
The Chief Minister said the handover of the Kenbi Land was "a truly historic occasion which will secure the future of Darwin for generations to come".
Read the full media release on Kenbi handover a truly historic occasion.
Tiwi Islands investment opportunities promoted
The Northern Territory Government and Tiwi Land Council have joined forces to promote investment opportunities on the Tiwi Islands.
NT Government welcomes final board member to Northern Territory Infrastructure Development Fund
The Northern Territory Government has welcomed the announcement of Mark Burgess as the fifth and final member to the Board of the Northern Territory Infrastructure Development Fund (NTIDF).
The Treasurer said Mark Burgess brings a wealth of valuable experience in infrastructure investment to the NTIDF Board.
2016 NT Chief Minister’s NT Export and Industry Awards launched
The Chief Minister officially launched the 2016 Chief Minister’s Northern Territory Export and Industry Awards last night at Crocosaurus Cove.
"The awards recognise outstanding achievements of NT exporters and industry leaders, from which the overall 'Exporter of the Year' is chosen," the Chief Minister said.
New funding fires up giant Dragon project
THE Seafarms Group has raised $10 million to take it through the next stage of development for the $1.5 billion Project Sea Dragon.
Australia's most ambitious prawn farming project in the Northern Territory is being fasttracked to take advantage of foreign investors eager to back the scheme and opportunities offered by the federal government's $5 billion Northern Australian Infrastructure Fund.
Read the full article on New funding fires up giant Dragon project.
Legislation a sure bet to attract companies to the Territory
Legislation passed in Territory Parliament tonight will reinforce the NT as Australia’s premier jurisdiction for online wagering and create new jobs for the Territory.
The Minister for Racing Gaming and Licensing said the Racing and Betting Legislation Amendment Bill 2016 amends current legislation to allow companies offering betting exchange to be based in the Territory.
Budget 2016: Study will examine converting gas to fuel
The Northern Territory Government wants to ensure the Northern Territory’s long-term fuel security by encouraging the development of a gas-to-liquid processing facility.
The Chief Minister said $500 000 has been allocated in Budget 2016 to examine the feasibility of the Northern Territory making fuel from onshore gas.
Infrastructure Capital Group announced as investment manager for NT Infrastructure Development Fund
The Northern Territory Government today announced that Infrastructure Capital Group (ICG) has been selected as the investment manager for the Northern Territory Infrastructure Development Fund.
The Treasurer said ICG was selected over five other contenders due to their experience in developing infrastructure assets.
Investment the focus of international Red Carpet forum
One hundred international and interstate investors and local representatives will sit down today and tomorrow to discuss the business opportunities on offer in the Northern Territory.
The high-powered investors are attending the Northern Territory Government's invite-only Red Carpet Investor Forum.
Potential investors have flown in from across South East Asia and all parts of Australia as part of a month-long investment attraction campaign by the Northern Territory Government.
Request for proposal – Ord Stage 3 irrigated agricultural development
The Ord Stage 3 irrigated agricultural development has taken a major step forward.
The proposed development will provide up to 14 500 hectares of new farming land by extending irrigation channels from Western Australia into the Northern Territory.
Northern Territory Government welcomes changes to clean energy
The Northern Territory Government has welcomed the Commonwealth Government’s decision to keep two renewable energy agencies and establish a new $1 billion Clean Energy Innovation Fund.
The Minister for Essential Services said the decision to retain the Australian Renewable Energy Agency and the Clean Energy Finance Corporation will assist the Territory to progress with integrating renewable energy right across the Top End.
Northern Australia Infrastructure facility moves ahead
The government has introduced legislation to establish the $5 billion Northern Australia Infrastructure Facility (NAIF), a centrepiece of the White Paper on Developing Northern Australia.
Timor-Leste looks to NT to help jump start racing industry
Timor-Leste is turning to the Northern Territory for guidance as it looks to develop Thoroughbred Racing in its own country.
The Minister for Racing, Gaming and Licensing met with a delegation from the Race Horse Breeders and Owners Association of Timor-Leste (ACPCC-TL) including President Mr Fernando Da Encarnacao who was hosted by the Darwin Turf Club at its Shenannigans St Patrick’s Day Races.
Darwin luxury hotel development progressing
The Department of Chief Minister will next week call for detailed proposals to develop a luxury hotel in Darwin that would help attract more tourists and boost the city’s reputation as a unique business events destination.
The Chief Minister said there was a strong response to the Expressions of Interest process, highlighting ongoing interest from both local and international investors keen to play a part in Darwin’s economic development and future prosperity.
Read the full media release on Darwin luxury hotel development progressing.
Welcome for Sino-Australia Top Beef Chinese delegation in NT
The Chief Minister today welcomed Chinese delegates from Sino-Australia Top Beef (SATB) as they begin their trade tour in Alice Springs. The visit is designed to allow them to experience the live cattle export supply chain across the Northern Territory.
Expressions of interest called to revitalise Territory Wildlife Park
New and exciting tourism and recreation experiences could be offered at the Territory Wildlife Park with the Northern Territory Government calling for expressions of interest from investors to help revitalise the iconic attraction.
The Chief Minister said the Northern Territory Government was committed to increasing visitation to the Territory's parks and reserves through sustainable development and increased commercial partnerships.