Infrastructure Victoria has made recommendations to the Andrews government that Melbourne’s second major container port should be built near Werribee, but not for another 40 years, The Age reports.
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Shippit turns down $5M funding boost
Sydney-based logistics and shipping business Shippit has rejected a $5 million investment offer in its Series A funding round, instead accepting $2.2 million to fund in order to drive its growth and Asia-Pacific
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Pacific National responds to Federal Inland Rail commitment
Rail freight operator Pacific National has welcomed the Federal Government’s commitment to fund the Inland Rail project.
“More than thirty years since the ambitious rail link was first suggested,
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“More than thirty years since the ambitious rail link was first suggested,
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ALC calls on Government to support Inland Rail in Budget
The Australian Logistics Council (ALC) has called on the Federal Government to commit funding for the Melbourne to Brisbane Inland Rail project in their 2017–2018 budget submission.
“The Melbourne
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“The Melbourne
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Austrade appoints new CEO
The Australian Trade and Investment Commission (Austrade) has announced the appointment of Dr Stephanie Fahey as CEO.
Dr Fahey, the agency’s first female leader, is expected to assume the role
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Dr Fahey, the agency’s first female leader, is expected to assume the role
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Government to reconsider infrastructure spending
The Federal Government’s model for financing infrastructure projects entirely with taxpayers is soon to be replaced, putting the onus of contribution on those set to benefit most from improved infrastructure
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Government pours $125 million into freight productivity
National freight productivity will get a shot in the arm with the Federal government pledging $125 million to roll out several new projects.
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Lack of IR reform deterring Japanese investment: former minister
A former federal minister now working as a lawyer in Japan has said that Japanese companies are baffled at a lack of industrial relations policy from the new government and are withholding investment in Australia.
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Rise in the use of rail: report
Australia’s rail industry is growing, with an industry report showing freight and passenger numbers have increased.
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Port of Melbourne profit increase despite decrease in volume
Port of Melbourne Corporation recorded an overall profit $65.9 million for 2012-13 despite a small drop in trade of 1.6 per cent on the previous year.
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