Original article by Perry Williams
The Australian – Page: 13 & 16 : 23-Nov-20
A new report from the federal government notes that Australia’s resource and energy sector made final investment decisions on $39bn worth of projects in the year to 31 October, which is 30 per cent higher than previously. The total value of the sector’s investment pipeline has risen to $334bn in 2020. However, the Department of Industry, Science, Energy & Resources’ latest Major Projects report warns that investment is unlikely to return to the levels seen during the last boom in the minerals and energy sector.
AUSTRALIA. DEPT OF INDUSTRY, SCIENCE, ENERGY AND RESOURCES