$100 million astronomy research centre unveiled in Perth

The Western Australian Premier Colin Barnett has officially launched a $100 million research centre in Perth, which has been set up to help Australia win a massive radio astronomy project.

Western Australia and South Africa are the front runners to secure the $2.5 billion Square Kilometre Array project, with the decision expected in 2012.

To strengthen WA’s bid, Curtin University and the University of Western Australia have set up the International Centre for Astronomy Research with extra funding from the State Government.

The International Director for the S.K.A project Richard Schilizzi says the centre will enhance Australia’s chances.

“It shows that the infrastructure for radio astronomy in Australia is very strong and that means that the ability to exploit the telescope role will be ensured,” he said.

Source  :  www.abc.net.au

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Australia migration “driven by temporary visas and students”

Peter McDonald,  Director of the Australian Demographic and Social Research Institute at the Australian National University, has said that specific immigration policies are shaping the nation’s size.

Answering points raised in the McCrindle report – which said Australia’s population is set to hit 22 million before the end of the year- Professor McDonald talked about how migration to Australia is bringing about colossal social and demographic change.

“Migration to Australia has changed. You know people think about migrants coming to Australia as those coming on the classic government permanent residents program. That’s the skilled migration, family reunion, refugees,” he said.

“Only 30 per cent of the population increase through migration comes through those sources, the rest of it is from people coming in on temporary visas to Australia and the biggest group is the overseas students and overseas students coming in.

“We’re desperately trying to keep them coming at the moment in case they get frightened away because it is a big export earner for Australia.”

Professor McDonald says as the population ages, the birth rate will fall, and Australia’s population growth in 20 years will entirely rely on migration.

You can find out more about migrating to Australia at our Down Under Live show – coming to Birmingham on the 19th & 20th September.

Source  :  www.australiamagazine.co.uk

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Business migration to Australia

Bruce McFarlane, Director of Small Business Development Corporation, state of Western Australia, says: “The state of Western Australia is keen to encourage business migration from UK.

“W.A. is investing many billions of dollars in major infrastructure projects in coming years to boost business and the general economy and you could play a major part in our future success.

“We have a wide range of free services available to help start and grow your business including business licences, market reports and analysis, how to register for tax, business grants and much more.

“W.A. is a low tax state for business, with land and property prices relatively cheap compared to other states and a range of tax breaks are available from the government.

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Australia voted the place to be in a recession

Australia has been voted  the best place to be during the global economic crisis, in a business survey.     

One in five international business people have voted for Australia to be the best place to live in  during the economic crisis as a survey released by Servcorp International Business. 

The Servcorp survey asked 7,500 international business people all being in  24 nations to vote which countries they believe are surviving the crisis the best.

Australia was indeed far in front by 20% of all international business people choosing it as the country that is surviving overall the best.

Taine Moufarrige, Servcorp Executive Director says: “In my experience working with international businesses around the world, especially during the last six months, I’ve noticed how relatively unaffected Australian businesses and the Australian business person’s attitude by the economic downturn.

Over 71% of Australian business people believe we are the “lucky country” and it’s interesting to see that the rest of the world agrees.”

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Western Areas NL successfully raises $35 million

WESTERN Areas NL has successfully raised $35.35 million through it’s institutional share placement.

Seven million shares were issued at a discount of 3.6 per cent at $5.05 each.

The placement was significantly oversubscribed, with strong demand from both domestic and international institutions, most of which were existing shareholders.

Western Areas’ managing director Julian Hanna said: “The success of this placement will support Western Areas’ rapidly expanding nickel production and help underpin the Company’s growth strategy to achieve its goal to become Australia’s second largest and lowest cost nickel miner.”

Western Areas shares last traded down 44 cents, or 8.4 per cent, at $4.80.

www.news.com.au

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