Business | NT Independent
NT Business News – March 18

NT Business News – March 18

Latest Business News highlights include a multi-rail corridor flagged that would include the NT, Santos awarding Darwin LNG project construction to UGL, and NT’s most awful suburbs for rental stress revealed. Also, making resource news is the Rinehart-backed Arafura mining company receiving $840 million in taxpayer aid for the NT project, and Core Lithium CEO quits amid downturn of battery metal prices.

Feds kick in $840m for NT rare earths project

Feds kick in $840m for NT rare earths project

The Federal Government has pledged up to $840 million in loans and grants for a combined rare earths mine and refinery facility north of Alice Springs to be run by mineral exploration company Arafura, which the Federal Resources Minister said was “not corporate welfare” but rather an investment to create local jobs and “compete on the world stage” in rare earths.

ICAC admits investigations moving at ‘glacial pace’, says Cabinet continues to hinder corruption probes

ICAC admits investigations moving at ‘glacial pace’, says Cabinet continues to hinder corruption probes

The Labor Government has blocked the ICAC from accessing Cabinet documents at least five times over the last two years despite concerns the ministers had been misled and that misconduct had transpired, a new report shows, which also highlighted that other matters involving criminal conduct had been referred to the NT Police six times this financial year.

PM pledges Feds will be ‘very much hands on’ to ensure $4 billion remote housing funds spent correctly by NTG

PM pledges Feds will be ‘very much hands on’ to ensure $4 billion remote housing funds spent correctly by NTG

A new $4 billion joint remote housing program between the federal and territory governments, which aims to build 270 new homes annually in remote NT communities over the next 10 years, will involve the Federal Labor Government getting “very much hands-on” to ensure the NT Government meets its targets, the Prime Minister has said.

MLA calls for review of past disciplinary action against cops and public servants in light of CM’s support for Potter

MLA calls for review of past disciplinary action against cops and public servants in light of CM’s support for Potter

UPDATED: Disciplinary action carried out against police officers and public servants needs to be immediately reviewed, an independent MLA says, following the Chief Minister’s precedent-setting lack of action against Police Minister Brent Potter, who posted racist and misogynistic social media material that he hid from the public ahead of his 2022 by-election.

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