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Tag: Canavan

Australia must keep coal and nuclear options open says Canavan

Australia must build like-for-like power stations to replace its retiring coal-fired fleet, says Deputy Leader of the Nationals in the Senate Matt Canavan.

And while Australia may not be ready to say 'yes' to nuclear power plants, he believes the nation should start investing in nuclear know-how today so that it can keep the nuclear option open for the near future.

The Queensland Senator and former federal resources minister spoke on the subject in Townsville yesterday at a MITEZ (Mount Isa to Townsville Economic Development Zone) meeting.

It. . .

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NQ Cowboys plan clears NAIF funding hurdle

Resources and Northern Australia Minister Matt Canavan has ticked off approval for a $20 million loan for the North Queensland Cowboys to build a Community, Training and High Performance Centre in Townsville.

It comes after the Northern Australia Infrastructure Facility (NAIF) Board last month made an Investment Decision to support the project and provided Senator Canavan a proposal notice, triggering the 21 day consideration period, as required by legislation.

The Cowboys are now proceeding with NAIF to finalise the project loan documents for signature with the Queensland Government, which must also provide agreement to the loan proceeding.

“The 8000sq m. . .

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