Current Issue

BEEF REPORT

INDONEDIA SLAUGHTER STEERS $4.75KG LIVEWEIGHT (RP10,400 = $1AUD) Slaughter steer prices remained steady while demand from butchers was weak leading to a continuation of the build-up of overfat cattle in the feedlots. Slaughter price reports ranged from a high of Rp52,000kg live for the best steers in Java to Rp47,500 in Lampung. Fat cow...

SANTOS Business

FULL STEAM AHEAD FOR BAROSSA

The Barossa Gas Project, which is approximately 300 kilometres off the Northern Territory coast, locks in Darwin LNG’s future for the next 20 years. It is one of the lowest cost new LNG projects in the world. “Barossa will give Santos and Darwin LNG a competitive advantage in a tightening LNG market,” Santos Managing Director and...

DARWIN PORT Business

DARWIN PORT WEATHERS THE COVID STORM

“It’s encouraging to see cruise and trade begin to make a recovery following the initial impacts of the pandemic,” he says.  “We look forward to seeing these industries recover and remain focused on safe operations and facilitating trade to ensure the viability of the supply chain and overall economy.” FRESH NEW...

Resources Week Business

FORGET THE SOUTHERN BEETROOT LATE-SIPPERS

Saul Kavonic, head of the oil, energy and gas division of Credit Suisse, says the Southeast Asia Australia Onshore & Offshore Conference in Darwin is a unique opportunity to focus on the NT’s role in the nation’s finances. “Australia’s oil and gas sectors are critical to the national economy, but operations take place in the...

Gove Peninsula Futures Reference Group Business

A NEW JOURNEY BEGINS

The bauxite mine that has helped support the region for more than four decades is expected to close in about 2030. This will mean an end to the royalties mine operator Rio Tinto pays Traditional Owners, a drop in the income the mine provides local suppliers and, without proper planning, a possible decrease in population of the Gove...

Civil Contractors Federation NT Business

CELEBRATING EXCELLENCE IN CIVIL CONSTRUCTION

The Gala Dinner Awards recognise excellence in civil construction in the Northern Territory and celebrates the achievements of Trainees, Apprentices, Suppliers, Traffic Managers and Subcontractors associated with civil construction across the Territory. Another highlight of the evening was the induction of Neil Hallagan and Tony Sage into the...

Inpex Business

INPEX INSTRUMENTAL TO SUCCESS

Now the business employs seven staff and offers an internationally accredited service from Darwin used by some of the giants of the oil and gas industry. Owner and managing director Stuart Kenny bought the business in 2018 and has transformed it into a world-class supply, installation and calibration service for instrumentation...

Northern Australia Infrastructure Facility Current Issue

INVESTING FOR IMPACT

And there’s undoubtedly more to come. NAIF – or the Northern Australia Infrastructure Facility – is a Federal Government facility that provides funding, until recently purely through loans, dedicated to driving economic activity and job creation. It partners with the private sector to deliver impactful projects right across the...

Inpex Business

EXPANSION ON HORIZON FOR FAMILY BUSINESS

Fast forward 30 years and Max has not only taken over the reins of his father’s family owned and operated company, Winnellie Hydraulics, he is taking it to a national and global level. Max’s parents Richard and Carol arrived in Darwin with $30 in their pockets looking for work to earn enough money to continue their travels around...

Economic Commissioners Business

TRIO TO SHOW OFF NT TO THE WORLD

Andrew Cowan is the Investment Commissioner, Jason Schoolmeester the Major Projects Commissioner and Louise McCormick the acting Infrastructure Commissioner. They know that all three roles are intertwined – one necessary to the other – and plan to work closely together. “We are already working as a united team,” says Mr...

Daryl Guppy Business

NT STANDS AGAINST ANTI-CHINA TIRADE

The Northern Territory community is unique in many ways. Alone among all the states and territories, the NT does not have a Chinatown. That is unique because it underlines the nature of the NT connection with China and the China diaspora. Darwin did have a Chinatown before the Second World War and in many ways it formed the heart of the...

Beef Report Current Issue

BEEF REPORT

INDONESIA SLAUGHTER STEERS $4.38KG LIVE WEIGHT (RP10,970 = $1AUD) Darwin’s feeder steer prices have hit a new all-time high with the rate sitting at $4.30kg live weight with prices as high as $4.40 reported for small numbers.  If these high prices weren’t causing enough pain for exporters, the Australian Government has just...