https://au.news.yahoo.com/thewest/business/wa/a/23552597/rocky-outcrops-worth-billions/
Seemingly a couple of new "islands" have been found off the Western Australian coast, which could lead to a redrawing of the state/federal maritime boundaries.
This would mean that WA would now own over 65% of a huge gas field instead of 5% and the royalties would be worth billions of dollars.
Sniff it Sydney & Melbourne, the money is staying in the West
Seemingly a couple of new "islands" have been found off the Western Australian coast, which could lead to a redrawing of the state/federal maritime boundaries.
This would mean that WA would now own over 65% of a huge gas field instead of 5% and the royalties would be worth billions of dollars.
Sniff it Sydney & Melbourne, the money is staying in the West