The Federal Government has announced $8 million in funding as part of the Tasmanian Innovation and Investment Fund (TIIF), aimed at delivering long-term sustainable employment and promoting regional economic diversification in Tasmania.

The TIIF forms part of Stream 3 of the Tasmanian Forests Intergovernmental Agreement, which acknowledges the impacts of the restructuring of the state’s forestry industry.

The TIIF  will work with companies to provide support for new investments across a range of industries. The TIIF will be administered by AusIndustry which will conduct the assessment process. Recommendations for funding will be made by an Assessment Panel comprising a representative from the Australian Government, the Tasmanian Government and an independent member of the business community.

Chevron Australia has announced constriction will begin immediately on the company’s Wheatstone LNG Project at Ashburton North on the Pilbara Coast.

Western Australia’s Auditor General Colin Murphy has submitted a report to State Parliament outlining the need for increased focus on compliance with mining conditions in the state.

Resourcestocks magazine has published its 2011 World Risk Survey, finding that Western Australia shares first place with South Australia and Novia Scotia in the Australian States and Canadian Provinces survey.

The South Australian Government has released a new performance development and management policy aimed at ensuring high standards in teaching.

Queensland’s coal export capacity will be boosted as a result of  the financial close of the $2.5 billion Wiggins Island Coal export Terminal.

The Tasmanian Government has announced that the three Tasmanian Health Organisations (THOs) have begun recruiting for the establishment of their governing councils.

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