The Western Australian State Government has announced that a deal to overhaul the troubled $5.9 billion Oakajee port and rail development is only weeks away from being finalised.

Western Australian Premier Colin Barnett announced the impending completion of the deal after he pledged over $300 million in tax revenue for the construction common-use facilities at the port.

"A lot will be happening in the next few weeks -- the next few weeks are quite vital. I don't know if I can pull this off. This is the trickiest project, the most complex project, I've ever dealt with,” Mr Barnett told The Weekend Australian.

Mining giant Rio Tinto has announced a $299 million project to construct sustainable water supply for its iron ore operations in the Pilbara region of Western Australia. The plant will have a planned capacity up to the 333 million tonnes (Mt/a).

The Western Australian Government has released a study which assesses the opportunities for desalinating saline or brackish groundwater reserves in the state’s Wheatbelt region.

The Federal and Victorian Governments have announced a joint $63 million round of funding for automotive company Nexteer Australia.

Rail freight group QR National will expand its coal haulage capacity by more than 70 million tonnes after agreeing with a consortium of coal companies to build a rail link to the new Gladstone export terminal.

The New South Wales State Government has allocated $5.4 billion in road building and maintenance of key road assets in the state's Budget.

The National Broadband Network Co (NBN Co) has announced two separate agreements with major construction companies to conduct work in Western Australia and Victoria.

Federal and State Governments have announced $195 million in joint funding for reconstruction of key road infrastructure in Queensland's north west.

A consortium of local and international university and industry bodies have launched the Advanced Condition Assessment and Failure Prediction Technologies for Optimal Management of Critical Pipes project. Considered one of the world's largest water infrastructure projects, the system will work towards improving the accuracy of current condition assessment tools for detecting portential failure in Sydney's major water pipes.

BHP Billiton has announced the company has approved a US$367 million investment for the third stage of development of the Newcastle Coal Infrastructure Group’s (NCIG) coal handling facility in Newcastle.

A new vision for the Australian rail supply industry to deliver more effective, more efficient, higher quality service to its customers has been released as part of a collaboration involving The Australian National University, the CRC for Rail Innovation and the University of Cambridge Institute for Manufacturing and Strategic Connections group.

Australia's first desalination research facility has opened in Rockingham, Western Australia. The research facility, a joint venture between State and Federal Governments, was launched by local and international specialists.

Western Australian renewable energy company Carnegie Wave Energy has announced a breakthrough technological development in wave energy generation that the company says will catapult Australia into international leadership in the field.

The West Australian government has given final environmental approval for the $25 billion Chevron-led Wheatstone liquefied natural gas (LNG) project in the state's north-west.

The South Australian Government is developing a cross-government strategy to increase the supply of people taking up careers in the science, technology, engineering and mathematics fields to meet the future needs of local industry.

Suzlon Energy Australia has announced plans to invest $1.3 billion building one of the world’s largest wind energy projects on the Yorke Peninsula.

BHP Billiton has posted a record profit of $22.6 billion, almost twice last year’s result and the biggest profit ever recorded by an Australian company. 

The Federal Government has announced the formation of the National Skills Standards Council (NSSC), which will act as a standards setting body for the vocational education and training (VET) sector with an aim to improve quality and consistency of VET regulation throughout the country.

The Federal Government has refused to conduct an inquiry into the state of manufacturing in Australia, citing fears that a move to protect the industry would threaten Australia's reputation as an open market economy with little sovereign intervention.

Queensland's new Major Project Office (MPO) has been opened by the State Government in a move to streamline approval processes for developers of major projects.

John Holland has been awarded a marine subcontract worth in excess of $90 million which forms part of the works for GLNG’s proposed Curtis Island LNG facility.

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