A “Bunnings coming soon” sign erected out the front of the Kingsford Smith Business Park last week has had motorists on Wilson Street honking with joy. Hedland residents have been patiently waiting for construction of the store to begin after Bunnings purchased land from the council almost two Read the full article…
Marina’s future in group’s hands
Jan 28, 2015 Articles | Featured | Government & Policy
Hedland’s new marina reference group will hold its first meeting on February 2 and begin studying reports into the town’s proposed $152 million marina development. The group are set to play a guiding role as debate about whether the marina should be located at the Spoilbank or Cooke Point looms. It is potentially one of Read the full article…
Australian Iron Ore Exports Are Still Making Plenty Of Money For The Government
Dec 19, 2014 Articles | Featured | Government & Policy | State of the Market
The fall in the iron ore price is likely to get a solid run as a big part of the reason for the Federal Government’s bad news it will deliver this morning in Treasurer Joe Hockey’s MYEFO update. But Westpac’s head of market research Rob Rennie, writing in his monthly wrap of shipping activity in Read the full article…
Investment Dynamics
Dec 17, 2014 Articles | Featured
This month we will be looking at the recent media surrounding the falling iron ore price and how the Australian mining giants, BHP and Rio Tinto continue to expand. Globally, the falling price is having a major impact on resource company profit margins, yet Australian production rates are rapidly increasing. Currently the iron ore price is Read the full article…
$12 million funding boost for diversification projects
Dec 11, 2014 Articles | Featured | Government & Policy
The Pilbara Development Commission last week opened a call for expressions of interest from suitable proponents with projects that aim to expand the economic base of the Pilbara. $12.3 million funding is available under the $30 million Royalties for Regions Pilbara Cities Economic Diversification Framework, for projects that can demonstrate an ability to deliver Read the full article…
Brendon Grylls: VISA rules should be relaxed to allow 25,000 international migrants into WA’s northwest
Dec 8, 2014 Articles | Featured
VISA rules would be relaxed to allow 25,000 international migrants into WA’s northwest over the next 20 years, under a proposal by the state’s highest profile country politician. Brendon Grylls told PerthNow he wants to “take the lid off” population growth in the Pilbara by encouraging an influx of overseas arrivals from Australia’s major trading Read the full article…
Woodside approves $1.2 billion Persephone gas project
Dec 1, 2014 Articles
Energy giant Woodside will push ahead with its $1.2 billion Persephone gas project off the Western Australian coast. Woodside and fellow stakeholders, which include global giants BP, Chevron, Shell and BHP Billiton, have approved the project, which will be the third major development for the North West Shelf in the past six years. The project is Read the full article…
BHP defends expansion strategy saying iron ore margins still good
Nov 27, 2014 Articles
BHP Billiton, the world’s largest miner, is not concerned with the five-year-low iron ore price, saying its West Australian operations are still making a good margin, as it defends its expansion strategy in an oversupplied market. Chief executive Andrew Mackenzie said, after the miner’s annual general meeting in Adelaide yesterday, that despite the price of Read the full article…
Investment Dynamics
Nov 20, 2014 Articles | Featured
This month we will be looking at the recent media surrounding suicides in the Pilbara and the social impact property investment can have. Internationally, impact investing is a growing trend. Discover how your investment can make a difference as well as a superior return. Don’t tell them about the suicides. Take that out of your Read the full article…
ANZ backs West Pilbara project
Nov 18, 2014 Articles | Featured
ANZ has thrown its weight behind Baosteel and Aurizon Holdings’ push to establish a big Pilbara iron ore business after today signing a support agreement with the China Development Bank. On a day when all focus is on the expected signing of a Free Trade Agreement between Australia and China, ANZ made the most of Read the full article…