The PM has criticised Westpac’s decision to rule out financing Adani’s coal mine and rail project, as concerns mount over protesters forcing similar climate change reforms from Commonwealth Bank.
Malcolm
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Adani rail money continues to divide opinion
Dispute over the federal government’s mooted plan to help fund the Adani mine project is heating up.
In an opinion piece for the Australian Financial Review, Jonathan van Rooyen, general
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Watchdog rejects ARTC’s Hunter access rates
The Australian Competition and Consumer Commission says the Australian Rail Track Corporation is not being realistic with its latest access terms for the Hunter Valley network.
After six years operating
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Five Rail Express magazines in 2017
Rail Express will expand its offering in 2017 with five print editions, focusing on Women in Rail, Bulk & Freight, Urban Rail & Civil Contracting, and the AusRAIL PLUS annual conference
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Iron ore slides despite China growth
The price of iron ore has now fallen by more than 30% since its February peak, despite news this week of better-than-expected GDP growth in China.
Iron ore was trading at US$66.25 a tonne overnight, as
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Debbie to cost Aurizon $100 million
Aurizon has lowered its earnings forecast for FY17 by between $100 million and $115 million, because of extended shutdowns after Cyclone Debbie battered Queensland in late March.
Three of Aurizon’s four
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Rail funding for Adani would breach policy, green group claims
The Australian Conservation Foundation (ACF) says a $1 billion loan from the Commonwealth’s Northern Australia Infrastructure Facility (NAIF) for a rail line to Adani’s Carmichael coal project in Queensland
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Aurizon to help cyclone-affected communities
Aurizon has announced it is opening a “one-off” special round of their Community Giving Fund to help Queensland communities impacted by Cyclone Debbie.
MD & CEO Andrew Harding said that
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Report cites ‘cabinet direction’ against rail in NSW
A new report from Fairfax has suggested Transport for NSW is being driven to prioritise toll road projects over public transport by the state government.
The Monday article in The Sydney Morning
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How do we restore the public’s faith in transport planning?
COMMENT: Politicised transport projects that flout proper process lead to hostility between residents and governments, and give planners a bad name, Crystal Legacy, Jan Scheurer, and Carey Curtis write.
Opposition
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