Business 11 | NT Independent
Territory’s national embarrassment exposed in Four Corners investigation

Territory’s national embarrassment exposed in Four Corners investigation

The Northern Territory’s heavily conflicted and “useless” regulatory authority that oversees Australia’s $50 billion online gambling industry was exposed on ABC’s Four Corners program Monday night, which featured NT Racing and Wagering Commission chair Alastair Shields fleeing media questions in an old Mercedes that initially wouldn’t start during a hasty getaway.

Departments silent on fracking breach contradictions in report

Departments silent on fracking breach contradictions in report

Two Northern Territory Government departments have refused to explain the contradictions contained in an internal government report into a breach of fracking legislation by Empire Energy – now called Beetaloo Energy Australia – which involved one department sending a letter to “encourage behaviour change” after considering prosecution of the matter, while the other considered the company had done nothing wrong but still took action “to ensure it does not happen again”.

Tamboran reaches final investment decision for Beetaloo joint venture; takes over Falcon Oil and Gas

Tamboran reaches final investment decision for Beetaloo joint venture; takes over Falcon Oil and Gas

Tamboran Resources announced that its Beetaloo Joint Venture (BJV) has reached a Final Investment Decision (FID) for the Shenandoah South pilot project and that it has acquired Falcon Oil and Gas, while the NT Government announced that taxpayers will underwrite $75 million of a $180 million loan for a new compression facility to bring Beetaloo gas to market.

NT Govt spent $2 million over five years to recover $900k defrauded through IEPS scheme

NT Govt spent $2 million over five years to recover $900k defrauded through IEPS scheme

The Department of Infrastructure, Planning and Logistics under former senior bureaucrat Andrew Kirkman spent $2 million on a deeply flawed and painfully slow internal investigation into the rorting of millions of taxpayer dollars through the Indigenous Employment Provisional Sum scheme by dozens of Territory contractors, that led to the recovery of only $900,000, new internal government documents show.

Departments silent on fracking breach contradictions in report

Plan to prosecute Empire dropped in favour of ‘behaviour change encouragement letter’: Internal report

An internal government report into a fracking legislation breach by Empire Energy – now called Beetaloo Energy Australia – shows that while the NT Government first recommended prosecuting the company because a fine was considered an insufficient deterrent, it later decided to send a letter to “encourage behaviour change” instead.

NT Business News – September 26

NT Business News – September 26

Business news from across the Northern Territory: Latest highlights include APA Group commencing Beetaloo pipeline construction, $1.5B in trade relations showcased as NT heads to World Expo 2025 in Japan, and the NT Government launches October Business Month. Also making resource news is KGL Resources making progress on the Jervois Copper Project in the NT.

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