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New owner Air T, who services FedEx, rescues airline from administration hell

“The administrators would like to thank the Australian government for their support to date in assisting to facilitate the proposed transaction,” E&Y said. Loading “Reliable air connectivity is fundamental to the social and economic wellbeing of regional Australia,” said Australian Airports Association CEO Simon Westaway. Maintenance, repair, and overhaul is a globalised business with planes…

North West Weekly | Local News covering Sport, Community & Business News for Boulia, Burketown, Camooweal, Cloncurry, Doomadgee, Hughenden, Julia Creek, Karumba, Mornington Island, Mount Isa, Normanton, North West Region, Richmond, Gregory in QLD Australia.

Local News Smelter’s long-term future is far from secure, says Glencore Despite a $600 million support package, the future of the smelter is far… Local News Evolution Mining continues to kick goals after record year The future looks bright for the shareholders of Cloncurry’s Ernest Henry… Local News Terms of reference released for Croydon graphite…

Great Wrap enters voluntary administration

Melbourne-based sustainable packaging company Great Wrap has entered voluntary administration with debts of about $39 million, following years of financial losses and shifting market conditions. Founded in 2019 by husband-and-wife team Jordy and Julia Kay, Great Wrap developed compostable cling wrap, catering wrap and pallet wrap made from food waste and plant-based polymers. It was…

Beyond aid: A change of tone on debt

This is the second post in the four-part Beyond aid: new directions in development finance series on the key debates at the Fourth International Conference on Financing for Development (FfD4), which was held in Seville, Spain during June 2025. One of the central issues at FfD4 was the mounting international debt crisis. The OECD estimates…