Prime Minister Tony Abbott’s election pledge to turn Australia’s remote north into a food bowl for Asia has set him on a collision course with his own government over foreign ownership of agricultural land.
Rio Tinto Group, the world’s second- biggest mining company, plans to suspend alumina production at its loss-making Gove refinery and focus on bauxite output due to low prices and an elevated exchange rate.
Australia’s Northern Territory government committed to supply gas to Rio Tinto Group’s Gove alumina refinery after the world’s second-biggest mining company said it may shut the plant due to high fuel oil costs.
Near the site where the first bomb landed on Australia in World War II, Il Lido restaurant serves watermelon cubes with aged balsamic vinegar at A$3 ($3.12) each to diners overlooking a swimming lagoon and artificial wave pool.
Norton Rose Fulbright LLP, the transatlantic combination of London-based law firm Norton Rose LLP and U.S. law firm Fulbright & Jaworski LLP was completed yesterday as the firm announced its leadership.
Former tropical cyclone Grant may redevelop into a category one storm over northeast Australia late tomorrow after being downgraded and drenching parts of the nation’s Northern Territory, the bureau of meteorology said.
Prime Minister Kevin Rudd, seeking re-election in a Sept. 7 ballot, said his Labor government would lower company tax rates in northern Australia within five years under a plan to boost the region’s economy.