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Industry News

May 14, 2021
Government extends asset write-off program

Government extends asset write-off program

The Federal Government has extended the instant asset write-off program until June 2023. The program allows businesses with up to $5 billion in aggregated annual turnover or total income to immediately deduct the full cost of eligible depreciable assets of any value. Member for Leichhardt Warren Entsch said the program extension, announced in Tuesday’s Federal… ...

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May 14, 2021
Grants to give businesses a boost

Grants to give businesses a boost

Queensland businesses are being offered $50,000 grants to help them grow and create jobs. Minister for Employment and Small Business, Di Farmer, said $2.5 million of Business Growth Fund grants would help small and medium businesses to get to the next level. “The Business Growth Fund grants are the first in a package of $25… ...

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May 14, 2021
Prawn farmer consolidates Proserpine footprint

Prawn farmer consolidates Proserpine footprint

Tassal Group has acquired an 800ha property neighbouring its Proserpine prawn farm and Billy Creek property. The aquaculture company said the Mid Farm acquisition allowed it to successfully integrate its farm holdings to underpin future prawn production and this area would be known as the Proserpine farming precinct. “Securing Mid Farm, which is located between… ...

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May 14, 2021
Rethink urged on dam funding model

Rethink urged on dam funding model

The State and Federal Governments are being urged to review the assessment procedures used to tick off on dam-building projects after a report highlighting shortcomings in the system. The Far North Queensland Regional Organisation of Councils (FNQROC) commissioned the research in Long Term Analysis of the Role of Dams. Cairns Mayor Bob Manning said that… ...

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May 14, 2021
Exploration grant deadline looms

Exploration grant deadline looms

Applications close for Round 5 of the Geological Survey of Queensland’s Collaborative Exploration Initiative (CEI) on May 21. The CEI has provided $10 million worth of funding to more than 190 explorers over the past 14 years and the current round is set to provide a further $2.5 million. Grants are available up to $200,000 under the joint government-industry initiative… ...

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May 13, 2021
WebGen blast technology delivers for Ernest Henry

WebGen blast technology delivers for Ernest Henry

Glencore’s Ernest Henry Mining (EHM) is reporting significant improvements in blast performance as it fine tunes its trailblazing use of wireless technology. The site has been one of the first mines in the world to trial Orica’s Wireless Electronic Blasting system, WebGen. Following the first trial of WebGen in 2017, Glencore said the EHM team… ...

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May 13, 2021
Darwin comp puts mine rescue teams to the test

Darwin comp puts mine rescue teams to the test

Mine rescue teams will test their skills when Darwin hosts the annual Northern Australia Emergency Response Competition (NAERC) this weekend. Teams participating in 2021 include Newmont Tanami Operations, McArthur River Mine, Gemco South 32, Glencore Mount Isa Mines and Rio Tinto. The event includes simulated fire-fighting, first aid, rescue from heights, breathing apparatus skills, underground...

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May 13, 2021
An eagle on the wing

An eagle on the wing

Customer supplied editorial A new air charter business is now operating out of Charters Towers. Aquila Air Services has based itself in the gold city because of access to wide tracts of land through three cardinal points. Aquila, being Latin for ‘eagle’, draws on the theme set by sister company Eagle Drilling NQ, also based… ...

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May 13, 2021
EOI call for $600m hybrid power project

EOI call for $600m hybrid power project

The proponents behind the $600 million North West Queensland Hybrid Power Project (NWQHPP) are calling for expressions of interest from contractors. State Minister for Energy, Renewables and Hydrogen Mick de Brenni said the call was out for Queenslanders to build what could be Australia’s largest hybrid generator, generating 50 megawatts of cleaner, cheaper energy. Publicly… ...

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