If Australia doesn’t take a broad ‘all hazard’ approach to critical infrastructure it could find itself facing a catastrophic risk it isn’t prepared for, a technology conference has heard. Hamish Hansford addresses TiG 2024 in Canberra on July 23, 2024. Hamish Hansford heads the Australian Cyber and Infrastructure Security Centre within Home Affairs, which brings...
Category: Infra
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GS E&C Kicks Off Major Australian Infrastructure Project with NEL Road Initiativ
At the Australian site, GS E&C CEO Huh Yoon-hong (center in the photo) poses for a commemorative photo after attending the TBM smoking ceremony. (Provided by GS E&C) GS E&C has embarked on its first major infrastructure project in Australia, the North East Link (NEL) Road Project, marking a significant milestone for...
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Alstom and DT Infrastructure awarded €1bn (AUD$1.6bn) contract for Perth, Western Australia High Capacity Signalling Project
Perth will become the third Australian city to deploy Alstom’s proven Urbalis CBTC signalling solution, joining around 190 other global metro lines featuring Alstom’s state-of-the-art solution. Once completed the project will provide Perth with a 40% increase in network capacity. The project will also be delivered with a dedicated plan to minimise disruption to Perth’s...
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‘No impact to critical infrastructure’: Australian government holds snap crisis meeting over CrowdStrike outage
In short: Australian government agencies, retailers, banks and airlines called an emergency meeting in response to this afternoon’s unprecedented global technical outage. The outage was caused by an update from cybersecurity company CrowdStrike. Flights have been grounded, payment systems interrupted and media networks left unable to operate as normal as a result of the computer...
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‘Clear message’: Infrastructure Australia highlight quarry supply shortage
Infrastructure Australia has noted a lack of building material supply in areas across the country. Image: Alice Nerr/stock.adobe.com Australia’s infrastructure regulator has sounded an alarm for the future of quarry supply. Quarry breaks down the concerns and suggestions from its latest report. Infrastructure Australia has sounded an alarm over the future of the country’s quarry...
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World-first intelligence sharing initiative defending Australian Critical Infrastructure | Sunshine Coast Council
The Sunshine Coast has become home to an world-first initiative which will unite industries and organisations with critical infrastructure in the fight against cyber-attacks. The Critical Infrastructure Information Sharing and Analysis Centre (CI-ISAC), is a new not-for profit entity providing organisations with a platform to share intelligence on getting ahead of and defeating cyber-attacks. CI-ISAC...
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Expert view:Focus on defence, railway, infra and fertiliser stocks ahead of Union Budget 2024, says Atul Parekh of Bigul | Stock Market News
Expert view: According to Bigul CEO Atul Parakh, the market will be especially watching for announcements about tax slabs and potential changes that could impact the equity markets, like changes to the Securities Transaction Tax (STT), changes to the F&O tax regime, or adjustments to the long-term or short-term capital gains taxes. It will be...
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Australian SMEs boost infrastructure as CEOs try to stay lean
ManageEngine has released the findings of its Digital Intensity in Australia Study, conducted by technology advisory firm, Ecosystm. As market competition increases, small to midsize enterprises (SMEs) in Australia are shifting to modern technology infrastructure to maintain their competitive edge. However, this surge in digital intensity poses visibility challenges for technology leaders. The study shows...
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GPT Infraprojects 1:1 bonus issue: Last day today to buy shares to qualify before record date
GPT Infraprojects announced July 3 as the record date for its 1:1 bonus share issuance, according to that today is the last day to buy the shares to qualify for receiving the bonus shares of the company. Earlier in the month of June, GPT Infraprojects announced that it would be issuing bonus shares to its...
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Australia’s infrastructure boom: Future-proofing or just catching up?
SYDNEY – In early August 2024, the ribbon will be cut on a A$21.6 billion (S$19.5 billion) rail project in Australia that involves the first-ever train tunnel beneath Sydney’s harbour. The driverless trains will whisk passengers at speeds up to 100kmh across the harbour, completing the 4km journey between the stations on either side in three...
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South Australian water bills to increase amid infrastructure upgrade
South Australian water bills are set to rise within days as the premier looks to fix what he has called a “public policy disaster”. The SA government has announced plans to invest $1.5 billion in upgrading water infrastructure across the state, saying the current state of the water system is stopping housing developments from proceeding....
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Driving Australian Infrastructure: Domestic SWFs Spend US$1.1bn+ on Toll Roads (GlobalSWF)
Two Australian sovereign wealth funds – Future Fund and QIC – have teamed up to buy the EastLink toll road network from their New Zealand counterpart NZSuper and Teachers Insurance and Annuity Association of America.United Behind Victorian Toll Road SystemEastLink holds a 19.8% stake in Connect East Group, owner of… Two Australian sovereign wealth funds...