The proposed sale of the $4 billion Australian Rail Track Corporation has been canned by the Federal Government this week as it pursues its ambitious Melbourne-to-Brisbane inland rail project.
Federal parliament has scrapped the Gillard government’s road safety tribunal, skirting a minimum wage decision for owner-driver truckies. Legislation to abolish the Road Safety Remuneration Tribunal passed the Senate without Labor’s support on Monday evening after two hours of debate. The bill passed 36 to 32 with the support of the crossbench except Motoring Enthusiast … Continue reading Road Safety Tribunal Bill Abolished
The Federal Government has announced a multi-million dollar investment with China that aims to address trans-national challenges in the marine science, food and agribusiness, and mining sectors. Under a renewed three year Australia-China Science and Research Fund (ACSRF), Minister for Industry, Innovation and Science Christopher Pyne said the grants had helped bridge research links between … Continue reading Multi-million investment for new joint research centres to strengthen innovation with China
Global Geoscience has announced that it has executed a binding term sheet to acquire rapidly growing global logistics management software platform, GetSwift. The term sheet has been executed with the major shareholders of Distributed Logistics Group (“Distributed Logistics”), operator of GetSwift. The acquisition is subject to due diligence and is to be completed through the … Continue reading GSC to acquire global logistics management software platform