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Australia extends life-saving antivenom partnership with PNG

Australia is bolstering its support for Papua New Guinea's health system by renewing its partnership, which includes supplying antivenom doses and training healthcare workers, for an additional three years until 2027.

First Guardian Class patrol vessel handed over to PNG

Australia has officially handed over the first Guardian Class Patrol Boat (GCPB) to the Papua New Guinea (PNG) Government. Designed and built by Austal in...

Woodside withdraws $11.6bn bid to take over Oil Search

Perth-based energy giant Woodside Petroleum has withdrawn its bid to take over Oil Search and create a regional oil and gas leader. “Woodside advises that...

Oil Search rejects Woodside’s $11.6bn takeover bid

Oil Search, a Papua New Guinea natural gas producer, rejected a multi-billion all-stock takeover bid by the Australian oil and gas producer Woodside Petroleum. In an ASX...
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Responding to manufacturing demand and performance signals

Australian manufacturers are navigating a challenging environment. Just as output had returned to growth, higher fuel and freight costs, rising input prices and global supply chain disruption renewed pressure on margins and cash flow.