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Kangaroo Island Plantation Timbers MD demonstrates confidence in company with on-market purchase This month KPT welcomed the Federal Budget announcement of $32 million of road funding for Kangaroo Island as the final piece of the puzzle to clear the way for approval of its proposed KI Seaport development. KPT is Australia’s only listed timberland company. Kangaroo Island Plantation Timbers Ltd (ASX:KPT) managing director Keith Lamb has demonstrated his confidence in the company’s strategy with the purchase of shares in an on-market transaction. On May 24 Lamb acquired 5,000 shares at $1.15 per share in a direct interest, increasing the total number of securities held to 20,000 shares. ....
Last week, KPT welcomed the announcement in the Federal Budget of $32 million of road funding for Kangaroo Island as the final piece of the puzzle to. ....
Australia’s Federal Infrastructure Budget for 2021 The Australian government has announced an additional $15.2 billion in new infrastructure funding in the 2021-22 Budget to help aid economic recovery from the CCP virus pandemic. The additional funding adds to the $110 billion 10-year building plan investment that already formed part of the National Economic Recovery Plan which the government says will support around 30,000 jobs across the country. Nation-building projects were the focus of the infrastructure spending, with a $1 billion boost for the Local Roads and Community Infrastructure Program, bringing the total commitment to $2.5 billion, and another $1 billion to the now $3 billion Road Safety Program. ....
Parts of Adelaide have been blanketed in an orange haze as a sudden dust storm swept across South Australia today. Winds of more than 70km/h blasted topsoil through the state s mid-north with health warnings issued for several regions. Roads in the mid-north were closed due to the wild weather with emergency crews called out to a multi-car crash on Balaklava Road, Balaklava where five were injured. READ MORE: Witnesses told 9News the conditions turned suddenly, with the dust becoming thicker in a matter of moments as motorists were left stranded for hours in the low-visibility traffic. The majority of damage from the windstorm was fallen trees with close to 40 callouts to emergency crews. ....
Franklin OKâs another solar project FRANKLIN â The Planning Board last Thursday unanimously approved a plan for a 12.24-acre commercial solar generation facility on Hog Bay Road. This is the fourth approved solar project in the town. Its approval comes on the heels of the Dec. 10 approval of a solar project proposed by Consolidated Edison Development Inc. that will have sites on the Hog Bay Road and Cards Crossing. The project reviewed last week, a 2-megawatt farm to be built on land owned by Maine Coast Sea Vegetables Inc., was presented by Borrego Solar Systems Inc. on behalf of Hog Bay Solar, 1, LLC. ....