News Archive
Green light looms for Santos project
25 May 2009
SANTOS'S environmental impact statement for its $8 billion liquefied natural gas project is tipped to be given the green light by the Bligh Government as early as next week, putting it in pole position in Queensland's dash for gas. Last week there was speculation in the market that the Queensland Government was not happy with the oil and gas giant's 13,500-page EIS and that sign-off could... read news item »
BG deal fuels hopes for gas project
14 May 2009
BG GROUP is on the cusp of signing up the first customer for LNG from coal-seam gas, in a sign that demand for the fuel is weathering the oil-price slump. The British company yesterday revealed an agreement that would allow China National Oil Corporation to buy half the gas from BG's Gladstone project and take equity in it. Under the offtake agreement - which has yet to be finalised... read news item »
Budget allows for grant extension until December 31
13 May 2009
The boost to the First Home Owners Grant has been extended in the Federal Budget, announced last night, after recent speculation it would end as originally planned on June 30. The boost will continue in its current form at the full $14,000 for eligible first home buyers for the purchase of existing properties and $21,000 for newly constructed properties until September 30... read news item »
FHOG May End
29 April 2009
News outlets around Australia reported yesterday that Kevin Rudd has suggested the Australian Government does not intend to extend the boost to the first home buyers grant past the June 30th deadline this year. "We've indicated that that will conclude in a very fixed and finite timeframe," Mr Rudd said in a public speech at the latest community Cabinet meeting in Perth's northern sub... read news item »