News 141 | NT Independent
No rule changes in wake of Labor’s 2020 election rorts as Government defers scandal to after election

No rule changes in wake of Labor’s 2020 election rorts as Government defers scandal to after election

The Lawler Labor Government will not make any official changes to rules around the use of taxpayer money for campaign purposes ahead of August’s election in the aftermath of an ICAC report that showed the party used public funds at the 2020 election for political purposes, with the Opposition calling the surprise deferral “more of the same tricks” by a government that “lacks transparency”.

Tamboran says it can raise the $250m to begin gas production in Beetaloo

Tamboran says it can raise the $250m to begin gas production in Beetaloo

Tamboran Resources is hoping to raise $262.5 million in an initial public offering on the New York Stock Exchange to continue its gas exploration interests in the Beetaloo Basin, with prospectus figures showing it has $29.5 million in cash cash equivalents but needs $85.5 million to operate for the rest of the year, however company director Andrew Robb said the capital required can be raised before it starts generating income in 2026.

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