Mar 21, 2018 Last Updated 10:48 AM, Mar 21, 2018

New Entry From the Editor :

Glencore acquires $1.7 billion Hail Creek coal mine as rivals exit the industry

Glencore acquires $1.7 billion…

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TPG Telecom H1 profit dips 11% to under $200 million

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AusBN - Telecommunications firm TPG Telecom has posted a first-half net pro...

Australian junior Raiden Resources strikes momentous deal with Rio Tinto

Australian junior Raiden Resou…

AusBN - Raiden Resources (ASX:RDN) will enter a joint venture with Rio Tint...

Melbourne sky rail gains planning permission from supreme court

melbourne cityAusBNAusBN - The AUD$1.6 billion Melbourne sky rail project has been given the green light by the federal government to continue its planning process, following a legal challenge from a residents group.

The project was announced in February 2016, as part of a plan to modernise Melbourne’s transport infrastructure. The plans also aim to remove nine dangerous and congested level crossings in the area.

The court case ruled that planning minister Richard Wynne was not required by law to undertake any consultation with residents, regarding the railways elevated design between Cranbourne and Pakenham stations.

Wynne said: “We were confident in the case because we have done everything by the book for these nine deadly level crossings to be removed.”

The project is to be delivered by a consortium including CPB Contractors and Lendlease, and will drastically improve service links between Melbourne Airport, the city centre and the suburbs.

Construction work will not disrupt current rail services and will create more than 2,000 jobs. 


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