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‘The numbers here don’t have any reality’: Energy economist’s review of Middle Arm precinct business case released
The Middle Arm industrial precinct could end up costing the NT Government $5.5 billion in capital outlays and a further $140 million in annual operating expenditure for the next 50 years, which would affect its ability to fund health and education, a new report by an energy economist for the Environment Centre NT has found, while a federal Labor MP revealed her government’s $1.5 billion equity investment in the project is a long way from being finalised.
Northern Iron placed into external administration as 35 jobs in limbo
An NT mine operator which runs the Warrego mine rehabilitation project near Tennant Creek has been placed into external administration, according to ASIC records.
Ute stolen by youths driven dangerously in Alice Springs CBD: Source
A ute allegedly stolen by a group of teenagers drove at cars and pedestrians in the Alice Springs city centre before the vehicle smashed into a tree after police used tyre spikes to stop it, a source has told the NT Independent, however NT Police deny the claims.
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