HOIST magazine



  • For example, in South Australia and Tasmania a number of energy infrastructure construction projects are going ahead.
  • This solid performance is a consequence of high levels of investment in oil and gas and energy infrastructure projects.
  • Notwithstanding the aforementioned power station, it’s largely a different story in the energy and utilities construction sector, however.
  • However, it isn’t stalling altogether and there are still some ongoing construction projects, including in Queensland.
  • Meanwhile, a project to develop the rail infrastructure in Melbourne is continuing with an upgrade of the Cranbourne-Pakenham rail corridor.


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Bill Shorten open to ‘collaborative’ industrial relations reform



  • Bill Shorten has signalled he could pursue “collaborative” reform to industrial relations with an eye to boosting productivity.
  • At one point Michael Stutchbury, editor of the Australian Financial Review, chided summit participants for a lack of ambition.
  • Shorten called on business leaders to get behind an emissions trading scheme to cut carbon pollution, saying “opposition to this economic reform often borders on the hysterical”.
  • He said “reform” was an abstract idea but voters would respond to a conversation about boosting economic growth, which is running below trend.
  • The Reserve Bank governor, Glenn Stevens, advised attendees to focus on concrete steps to boost Australia’s economic growth, and make that growth sustainable.


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