
Australia offers fresh Solomons aid ahead of PIF Summit
Australia has announced $A11 million in support to improve roads in Solomon Islands as it prepares to host the Pacific Islands Forum leaders summit.
Pacific Island Minister Pat Conroy unveiled the pledge in Honiara on Thursday along with a condition aimed squarely at Australia's geopolitical rival China.
Australian officials are privately critical of Chinese foreign aid delivered by migrant workers in the Pacific, with Mr Conroy saying this funding would avoid the practice.
"We are making sure our projects are delivered by local companies," he said.
"This is the best way we can ensure economic benefits flow to Solomon Islands from day one, and that these projects create more jobs for locals."
China is also delivering road upgrades in the notoriously choked-up Honiara, which relies on one key arterial road to service the capital's business districts and airport.
Poor drainage also means that heavy rain can produce flooding to the central city.
However, no country donates more aid to the Solomon Islands than Australia, a fact the government trumpets on billboards on the main Mendana Avenue.
Australia's fresh funding will go towards 12 roads: four in the northern island of Malaita and eight in Honiara, the host of the regional summit in September.
"We know the impact of deteriorating roads for getting to work, getting produce to market, getting children and family members to school or health services," Mr Conroy said.
"Communities along Malaita's South Road were effectively cut off from essential services for over two years due to the South Road being impassable.
"Farmers of Malaita's sweetest pineapples could not get to Auki market, women could not get to hospital for complicated child births, many children stopped going to school, and the price of goods doubled.
"The reopening of the South Road last year – with support from Australia and the great work of local contractors – has restored that vital link from Auki to Bina and beyond."
Mr Conroy announced another $A7 million in aid for the Tina River Hydro scheme, taking its total support for the renewable energy project to $A70 million.
When complete, the mighty dam is expected to power two-thirds of Honiara's energy needs.
The government has also pledged to double funding for surveillance of illegal fishing in the region,.
The announcements wrapped up Mr Conroy's three-nation swing through the Pacific this week, including visits to Fiji and Papua New Guinea.
In Suva, Mr Conroy became the first Australian minister invited to a Melanesian Spearhead Group meeting, holding bilateral talks with the prime ministers from all four member nations: Fiji, Vanuatu, PNG and Solomon Islands.
The trip also took in Port Moresby, coinciding with the announcement of the inaugural board for the expansion NRL side entering the league.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

The Age
17 minutes ago
- The Age
Chalmers sues China-linked companies over crucial military minerals
Treasurer Jim Chalmers has launched an unprecedented lawsuit against China-linked interests to force them to sell their stake in an Australian rare earths miner, whose products are crucial to warplanes, missiles and submarines. The lawsuit, filed in the Federal Court on Thursday against foreign investors in Northern Minerals, is also seeking financial penalties for allegedly refusing to obey Chalmers' direction to sell out of the company last year. The Australian-listed company is developing the Browns Range heavy rare earths project in remote northern Western Australia, which could be one of the first non-Chinese sources of the minerals used in military guidance systems, wind turbines and electric vehicles. Chalmers' court action against an entity called Indian Ocean International Shipping and Service Company Ltd and a former associate follows his order last year for five Chinese-linked groups to sell their shares in Northern Minerals to unconnected buyers by September. 'Foreign investors in Australia are required to follow Australian law,' Chalmers said in a statement. 'We are doing what is necessary to protect the national interest and the integrity of our foreign investment framework.' China's control of rare earths and critical products is an escalating cause of concern to the United States and countries like Australia, after Donald Trump's trade war prompted Beijing to restrict shipments of the materials. It has made similar moves before, including against Japan in 2010 during a territorial dispute. China controls nearly all of the world's heavy rare earth production and Australian Strategic Policy Institute senior fellow Ian Satchwell said the global superpower's interests were seeking to exert influence over Northern Minerals. 'Australia, with like-minded partner nations, is seeking to build alternative supply chains for rare earths and other critical minerals, and the Northern Minerals shenanigans are a very obvious example of China-linked bad faith investing to allegedly seek to disrupt those efforts,' Satchwell said. 'In Australia's case those rare earths are used for things such as F35 fighters, missiles attached to them and in the future, nuclear-powered submarines.'

Sydney Morning Herald
17 minutes ago
- Sydney Morning Herald
Chalmers sues China-linked companies over crucial military minerals
Treasurer Jim Chalmers has launched an unprecedented lawsuit against China-linked interests to force them to sell their stake in an Australian rare earths miner, whose products are crucial to warplanes, missiles and submarines. The lawsuit, filed in the Federal Court on Thursday against foreign investors in Northern Minerals, is also seeking financial penalties for allegedly refusing to obey Chalmers' direction to sell out of the company last year. The Australian-listed company is developing the Browns Range heavy rare earths project in remote northern Western Australia, which could be one of the first non-Chinese sources of the minerals used in military guidance systems, wind turbines and electric vehicles. Chalmers' court action against an entity called Indian Ocean International Shipping and Service Company Ltd and a former associate follows his order last year for five Chinese-linked groups to sell their shares in Northern Minerals to unconnected buyers by September. 'Foreign investors in Australia are required to follow Australian law,' Chalmers said in a statement. 'We are doing what is necessary to protect the national interest and the integrity of our foreign investment framework.' China's control of rare earths and critical products is an escalating cause of concern to the United States and countries like Australia, after Donald Trump's trade war prompted Beijing to restrict shipments of the materials. It has made similar moves before, including against Japan in 2010 during a territorial dispute. China controls nearly all of the world's heavy rare earth production and Australian Strategic Policy Institute senior fellow Ian Satchwell said the global superpower's interests were seeking to exert influence over Northern Minerals. 'Australia, with like-minded partner nations, is seeking to build alternative supply chains for rare earths and other critical minerals, and the Northern Minerals shenanigans are a very obvious example of China-linked bad faith investing to allegedly seek to disrupt those efforts,' Satchwell said. 'In Australia's case those rare earths are used for things such as F35 fighters, missiles attached to them and in the future, nuclear-powered submarines.'

Sky News AU
31 minutes ago
- Sky News AU
Brett Lee's Sydney Beer Co saved from liquidation after creditors accept lifeline following months in administration
Former Australian fast bowler Brett Lee's collapsed beer company has been thrown a lifeline after creditors backed a rescue deal. Sydney Beer Co collapsed in March this year after failing to successfully trade, according to documents filed to the Australian Securities and Investments Commission. Being founded in 2016, the lager was distributed to 350 venues nationwide and sold in independent bottle stores, Dan Murphy's and BWS. Lee, who claimed 310 wickets in 76 Test matches, was listed as a co-owner in 2022 along with Australian actor and writer Matt Nable. New documents revealed administrators put total liabilities of the business at an estimated $8.5m, threatening the business into liquidation. Sydney Beer Co's administrators, Brett Lord and Richard Stone of RSM Australia, said the company could not continue due to a negative cashflow. All 11 staff members were sacked as $1.1m was owed to the tax office, $6.2m in loans to the company's parent company SBCO Op and $642,540 owed to 47 trade creditors. Employees were listed as being owed over $460,000 including $226,222 in wages, $134,028 in superannuation and $46,348 in annual leave. The company aspired to expand into the United States from a $6m capital raise, despite figures showing trading losses for four years prior to going into administration. Financial records showed gross profit spiralling from $474,045 in FY2021 to $123,781 March 2025. Mr Lord told The Daily Telegraph the company sought further capital investment to continue trading but was unsuccessful. 'With funding from SBCO Op the company implemented a revenue growth drive during FY23 and onward,' he said. 'Whilst revenues increased from this date forward, increases were insufficient to meet the additional costs of sales and operating expenses to achieve those revenues.' SBCO Op submitted a lifeline deal to creditors where employees got paid out in full and unsecured creditors received between 21c to 100c on the dollar. Administrators suggested the creditors to take the deal, or else unsecured creditors would likely get back 0c to 5c on the dollar if Sydney Beer Co was tipped into liquidation. The money paid to creditors will come from an estimated $1.1m of company assets and a cash lump sum paid by SBCO Op of a minimum of $1m, upwards of $1.5m. Control of Sydney Beer Co has been returned to the directors. Their website has since been taken down and the product can't be purchased from retailers.