Last mentioned: Mar 26, 2026
Targeted First Gas
Expected date for first gas delivery from the Scarborough and Pluto Train 2 projects.
Implementation Phase
First tranche of funding expected to be released following regulatory approvals.
Expected Transition
Formal handover of leadership duties to Brandon Craig is anticipated mid-year.
Strategic Review
Expected commencement of government-mandated operational and supply chain audits.
Earliest Action Date
First potential window for work stoppages if the ballot is successful.
Ballot Results Expected
Deadline for union members to vote on the proposed industrial action.
Strike Threat Announced
Union announces intent to ballot members for protected industrial action.
Bailout Announcement
Labor government announces $2B support package for Rio Tinto citing sovereignty.
Negotiation Impasse
BHP and ETU fail to reach an agreement on wage increases and conditions.
Policy Critique
Craig delivers a major speech urging Australia to reform its industrial and fiscal policies.
CEO Succession Announced
BHP names Brandon Craig as the successor to outgoing CEO Mike Henry.
Market Opening
ASX 200 opens lower following negative sentiment from US markets.
Losses Extend
Mid-market trading sees a deepening of losses in the mining and technology sectors.
Initial Volatility
The market opens flat with continued pressure on materials.
Mid-Market Reversal
Heavy buying in the banking sector pushes the index into positive territory.
Scarborough 80% Milestone
The Scarborough project reaches 80% completion, keeping it on track for 2026.
Record Production Reported
Woodside announces 201.1 MMboe production for the 2025 fiscal year.
BHP Merger Completion
Woodside completes merger with BHP's petroleum business, doubling its size.
The Electrical Trade Union has signaled intent for historic industrial action across BHP's critical Pilbara iron ore mines, escalating a dispute over pay and conditions. This move threatens to disrupt the world's most significant iron ore supply chain and could impact BHP's annual production targets.
The Electrical Trade Union has initiated steps toward historic industrial action at BHP's critical Pilbara iron ore operations following a breakdown in pay negotiations. The potential work stoppages threaten to disrupt the global iron ore supply chain and export volumes from Western Australia.
The Electrical Trade Union (ETU) has signaled intent for historic industrial action against BHP’s iron ore operations in Western Australia’s Pilbara region. The dispute centers on a significant pay deadlock, threatening to disrupt one of the world’s most critical mineral supply chains.
The Australian Labor government has announced a $2 billion intervention to support Rio Tinto, framing the move as a critical step for national sovereignty and industrial stability. This significant fiscal injection aims to safeguard essential supply chains and maintain Australia's competitive edge in the global resources market.
Brandon Craig, the incoming CEO of BHP, has delivered a sharp critique of Australia's current economic policy, urging the nation to 'mend its ways' to remain a viable destination for global mining capital. His comments signal a continuation of BHP's aggressive advocacy against recent industrial relations and taxation shifts.
The Australian share market staged a notable mid-market recovery on March 13, reversing deep losses from the previous session. While mining and tech stocks faced pressure from global macro headwinds, a strong rebound in the banking sector provided the necessary momentum to lift the benchmark index.
The Australian government is signaling a major shift in climate policy by targeting the long-standing Fuel Tax Credit scheme, a multi-billion dollar subsidy for diesel users. This move aims to accelerate decarbonization in the mining and agricultural sectors while addressing significant fiscal pressures.
Woodside Energy achieved record annual production of 188.8 million barrels of oil equivalent, driven by the successful ramp-up of the Sangomar project and high reliability across its LNG portfolio. However, a significant decline in realized commodity prices has pressured financial margins, highlighting the transition from a period of energy price volatility to a more stabilized market environment.
Woodside Energy reported record annual production for 2025, driven by strong performance across its LNG and oil portfolio. However, the company faced significant headwinds from lower global energy prices, leading to a decline in full-year profits and a reduced dividend for shareholders.
Donald Trump’s renewed call for universal baseline tariffs is raising alarms in Canberra, as it threatens to erode the competitive advantages Australia has long enjoyed under its Free Trade Agreement with the U.S. The potential for a 10% to 20% global tariff could disrupt Australia's resource-heavy export model and complicate its delicate balancing act between its primary security ally and its largest trading partner, China.