The NSW Government has approved exploratory works for Snowy Hydro 2.0 to commence. The works involve the construction and operation of a new pumped-hydro power station to expand the existing Snowy Scheme.
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The Federal Government this week announced the commencement of safety upgrades on the Bruce Highway at Chatsworth, north of Gympie.
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The South East Queensland Council of Mayors have proposed a $60 billion infrastructure and transport plan set to reshape South East Queensland (SEQ). The plan includes major highway upgrades, new tunnels, fast rail networks, river crossings, and new bypasses.
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Kakadu National Park is set to receive a funding boost, with the Federal Government announcing an investment of up to $216 million. The funding aims to drive tourism in the area, creating much needed jobs and contributing to a stronger economy for the Northern Territory.
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Infrastructure Australia has announced the appointment of its new Chief Executive Officer, Romilly Madew.
Madew will join Infrastructure Australia in April and replaces Anna Chau who has been Acting CEO since August 2018.
The Northern Territory Government has announced a $93 million investment into Vocational Education and Training (VET) it hopes will upskill the local workforce and create long-term employment opportunities for Territorians.
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The national Inland Rail project marked an important milestone this week with construction beginning on the first 5.3kms of new rail line.
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With a state election due in early 2019, the NSW Coalition Government is seeking to raise its stock with regional voters, announcing plans that puts fast rail back on the table.
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The Northern Territory Government has called for tenders to seal the notorious dirt section of the much lauded Litchfield Park Road loop, a move it hopes will bolster regional NT’s economy in the long run.
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With a good collection of quality assets available and confidence high across the sector this week’s Ritchie Bros. auctions in Brisbane and Geelong saw strong interest from operators from up and down the east coast, a recovering WA civil market, and international buyers. Iron Capital Group Director, Richard Lewis along with General Manger of Sales, Robert Alexander and Business Development Manager, Nick O’Doherty share their thoughts.
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The contract for the geotechnical work on one of the most complex segments of the national Inland Rail project has been awarded to Golder Associates Pty Ltd.
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Plans for major network upgrades and increases in capacity on Perth’s Metronet received a boost with Infrastructure Australia adding two of the Western Australian Government’s rail projects to the Infrastructure Priority List.
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The strong trend of government investment in infrastructure looks sets to continue well into the next decade with the Victorian Government’s proposed North East Link roadway a step closer.
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