MMX murchison metals ltd

Mr Buswell today said the government is committed to injecting...

  1. 7,111 Posts.
    lightbulb Created with Sketch. 3188
    Mr Buswell today said the government is committed to injecting $339 million towards Oakajee, however was less clear the financial commitment to the Northbridge link

    THIS IS FROM 'BUSINESS NEWS'

    ALSO READ THE MMX ANNOUCEMENT ON 13.05.09


    The Federal Government’s commitment matches an "existing" commitment provided by the State
    Government of Western Australia, taking the total funding commitment by the State and Federal
    Governments to $678 million.

    “This commitment represents a powerful vote of confidence in the Oakajee project and underlines the
    importance of this major infrastructure development to Australia’s future economic growth,” said Murchison Executive Chairman Paul Kopejtka



    Oakajee, Northbridge left out of budget
    14-May-09 by Rebecca Lawson


    Major infrastructure projects Oakajee port and the Northbridge link have been left out of this year's state budget, despite receiving federal budget allocations this week.

    Treasurer Troy Buswell said the exclusion of both projects was due to the state budget numbers being finalised before the federal budget was unveiled.

    The federal government this week allocated $339 million towards the development of the Oakajee port and $236 million for the sinking of the Northbridge rail line and upgrade of the Wellington Street bus station.

    Mr Buswell today said the government is committed to injecting $339 million towards Oakajee, however was less clear the financial commitment to the Northbridge link.

    He said more work needed to be done on the Northbridge project, which will re-connect the suburb with Perth city.

    Mr Buswell added that state commitment for the project could be up to $200 million.

    The state budget has allocated a record $8.3 billion for an asset investment program.


    ALSO COLIN BARNETT HAS STATED THIS BEFORE THE BUDGET WAS ANNOUNCED TODAY THAT LIBERALS WILL PROVIDE FUNDING FOR OPR

    THE ARTICLE OR THE REPORTER IS TOTALLY WRONG,WRONG,WRONG
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.