Australia Papua New Guinea Business Council
Australia Pacific Islands Business Council
Australia Pacific Islands Business Council
Nauru, Australia sign security treaty, enhance ties

Nauru, Australia sign security treaty, enhance ties

Nauru and Australia have signed a bilateral security treaty granting Australia the authority to veto any foreign military presence in Nauru. In return, Australia has pledged AU$140 million in financial support over the next five years, with AU$100 million allocated to...
Vanuatu gears up for Business Forum amid post-quake recovery

Vanuatu gears up for Business Forum amid post-quake recovery

In just about a month’s time, the 7th Australia Vanuatu Business Forum will get under way on 12-13 March 2025 at the Warwick Le Lagon Hotel in Port Vila. Organised by the Australia Pacific Islands Business Council (APIBC), the forum will focus on investment, trade,...
ANZ commits to continued services in the Pacific

ANZ commits to continued services in the Pacific

In a strategic move to maintain financial stability across the Pacific, ANZ has reaffirmed its commitment to providing banking services in nine Pacific Island nations, including the Cook Islands. This announcement comes amid concerns about the withdrawal of Western...
AIFFP advances $2B infrastructure investment in the Pacific

AIFFP advances $2B infrastructure investment in the Pacific

The Australian Infrastructure Financing Facility for the Pacific (AIFFP) has released its Annual Update for FY 2023-24, highlighting a shift from project origination to implementation across the Pacific and Timor-Leste. As of 30 June 2024, AIFFP had committed AUD 2...
Solomons landowners file claim for 2019 oil spill

Solomons landowners file claim for 2019 oil spill

Landowners of Kangava Bay, East Rennell, Solomon Islands, have filed a compensation claim against a group of international companies responsible for the 2019 oil spill, widely considered the most severe environmental disaster in the country’s history. The claim,...