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Tag: australia
Budget axe of small grant fund will hurt conservation groups across Australia
2014-05-15 04:44:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: Between the papers of any federal budget are the places where ideologies are most strikingly revealed and alliances are displayed. It's also a good place to drop a sounding line to fathom the true depth of a governments collective likes and dislikes. And so Prime Minister Tony Abbotts first budget brought its weight to bear on climate change, renewable energy and the environment. The wreckage has been well surveyed but one cut in particular shows how far the budget went to undermine Australia's...
Tags: small
groups
australia
budget
Clough AMEC JV to work on Arrows Daandine expansion project in Australia
2014-05-15 01:00:00| Offshore Technology
Clough AMEC, a joint-venture (JV) between Clough and AMEC, has obtained a contract from Arrow Energy for the Daandine expansion project in south-east Queensland, Australia.
Tags: work
project
australia
expansion
Neon Energy obtains offshore petroleum exploration permit in Australia
2014-05-14 01:00:00| Offshore Technology
Australian oil and gas explorer Neon Energy has been awarded the WA-503-P petroleum exploration permit with a six-year term located offshore Western Australia.
Tags: australia
energy
permit
exploration
Australia to halve budget deficit
2014-05-13 13:24:30| BBC News | Business | UK Edition
Australia's government aims to nearly halve its budget deficit through tough spending cuts and tax increases.
Tags: australia
budget
deficit
halve
Australia govt cuts short funding of NBN
2014-05-13 13:03:00| Telecompaper Headlines
(Telecompaper) The government of Australia announced in its latest state budget plans to reduce financing for the communications sector, including the country's National Broadband Network. The budget provides AUD 20.9 billion in equity funding to the NBN Co over the period 201415 to 201718. This amount is in addition to AUD 5.2 billion in equity provided from 2008 to 2013 and AUD 3.4 billion already planned for the current fiscal year. From 2018, the NBN will need to be self-financing or find additional investment from the private sector. The NBN's Strategic Review released in December 2013 found that the NBN would cost nearly twice what the current government has committed in funding and not be completed until 2024. The government said the previous administration under the Labor party "failed to meet its promises in relation to the NBN" and as a result the state will provide less funding and end its participation in the project sooner. Goign forward, the NBN will be expected to use a greater mix of technologies and rely more on existing infrastructure in order to lower the total cost and speed up delivery. According to the government, the new approach will save AUD 31.6 billion in funding costs, get the NBN finished four years sooner and enable nine out of ten Australians in the fixed-line footprint to get access to download speeds of 50 Mbps or more by 2019.
Tags: short
australia
funding
cuts
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