Winners crowned in 25th Targa Tasmania and other top stories.

• Winners crowned in 25th Targa Tasmania

  

  Matt Close has won Targa Tasmania for the first time, winning the 25th anniversary event by an emphatic margin of six minutes and 41 seconds in the premier GT2 class. Driving a 2015 Porsche GT3 with co-driver Cameron Reeves, the duo took the lead mid-way through the penultimate day when arch-rival Jason White retired his new Dodge Viper with engine failure on the run from Strahan to Hobart. In the GT4 competition, Steve Glenney was dominant until the very end, running away with an easy three m..

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• Linc Energy placed in administration 'to avoid penalties'

  

  Linc Energy placed in administration 'to avoid penalties' Updated April 16, 2016 13:43:40 Oil and gas company Linc Energy has been placed into administration in a bid to avoid penalties for polluting the environment, a Queensland green group says.It was announced late Friday that administrators PPB Advisory had been called in to work with Linc's management on options including a possible restructure.In a statement to the ASX, the company said after receiving legal and f..

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• UNSW's $100 million win makes barely a dent in China's $300 billion research pot

  

  Prime Minister Malcolm Turnbull with Chinese Premier Li Keqiang at the signing ceremony for UNSW's research investment deal at the Great Hall of the People in Beijing. Andrew Meares by Tim Dodd The University of NSW's successful pitch for $100 million in Chinese research money has grabbed for Australia a tiny slice of the immense amount of capital the Chinese government and businesses are investing in venture capita..

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• Cruising LNG options - The West Australian

  

  Peter Klinger - The West Australian on April 16, 2016, 4:00 am Shell Integrated Gas boss Maarten Wetselaar this week compared the fuel requirements of the cruise ship with small cities. Picture: Nic Ellis/ The West Australian. The timing was impeccable.While the world’s LNG industry was gathering at the Perth Convention and Exhibition Centre lamenting their industry’s low-price woes but painting a positive outlook, WA’s new Tourism Minister, Premier Colin Barnett, was in Fremantle f..

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• Adani mine gets traditional owner approval

  

  Joe Kelly, Rick Wallace Philip Ruddock’s successor has been chosen in the first of three candidate contests today - including Bronwyn Bishop’s seat. ADAM CREIGHTON, SID MAHER Nearly half of voters in the looming federal election will rely ­entirely on government payments for their incomes. DENNIS SHANAHAN, ROSIE LEWIS The Senate crossbench has pushed the number of inquiries to record levels but some have not attended a single meeting | GRAPHIC ..

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• Financial Focus: Australia debt will rise without revenue steps, Moody's says

  

  The Australian federal government’s debt pile is set to increase further without measures to boost revenues, Moody’s Investors Service said. Spending cuts set to be outlined in the May 3 budget “may be modest” and with Treasurer Scott Morrison having excluded steps to bolster income, these “limited" reductions are unlikely to meaningfully advance the government’s aim of returning to fiscal balance by 2021, the credit assessor said. The likely rise in borrowings would be ..

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