A committee investigating the privatisation of the Port of Melbourne says road and rail efficiencies are critical to the success of the port and its future stakeholders.
The committee report Inquiry
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First Roy Hill shipment framed by slumping iron ore price
In the same week iron ore slipped below US$43 a tonne, the first shipment of iron ore has been loaded from Gina Rinehart’s Roy Hill mine in Western Australia’s Pilbara Region.
Rinehart, who according
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Concerns over Queensland sugar re-regulation
A private members bill proposed in Queensland Parliament by Katter’s Australian Party would re-regulate the state’s sugar market.
Katter’s Australian Party member Shane Knuth says the bill, Sugar
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Union preparing strike measures against Asciano
The Maritime Union of Australia has lodged an application to the Fair Work Commission to ballot Patrick stevedore workers over potential strike action in an effort to get improved roster arrangements.
An
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Tinkler puts positive spin on coal market
Mining entrepreneur Nathan Tinkler has remained upbeat on the future of coal at his first annual presentation at ASX junior Australian Pacific Coal on Monday.
Tinkler, who became managing director of APC
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Chilling iron ore forecast
A respected economics forecaster predicts that iron ore will slip below US$40/tonne by the end of 2015, and will trade in the US$30s in 2016.
While the price is now at US$44.20/tonne, revisiting July lows,
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Asciano battle could spur on ARTC sale
The battle between Qube and Brookfield over all or part of major port and rail operator Asciano could trigger a renewed focus from the government on the sale of track owner the Australian Rail Track Corporation,
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Asciano opens books to Qube
Port and rail group Asciano has opened its books to upstart competitor Qube Holdings, after a Qube-led consortium launched a takeover bid to compete with a controversial existing offer from Brookfield.
Asciano,
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Contract awarded to pipeline NT gas to east coast markets
Northern Territory chief minister Adam Giles has announced the company chosen to construct and operate the North East Gas Interconnector (NEGI) Pipeline, which will connect the Territory’s gas producers
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Asciano board pondering Qube offer
The board of port and rail group Asciano is considering whether to allow Qube to perform due diligence as part of a formal takeover plan announced this week.
Asciano, which owns rail business Pacific National
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