Papua New Guinea's new Prime Minister James Marape pledged to establish a fresh anti-corruption body and has put foreign companies on notice that the Pacific nation must reap more benefits from resource projects.
In a speech at the Lowy Institute on Thursday night, Mr Marape set the ambitious goal of PNG no longer being dependent on foreign aid within 10 years.
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Lisa Murray is Enterprise Journalism Editor and host of The Fin podcast. Connect with Lisa on Twitter. Email Lisa at lmurray@afr.com
Angus Grigg is an investigative reporter based in Sydney. He has worked as a foreign correpondent in China and Indonesia, and has won two Walkley Awards. Connect with Angus on Twitter. Email Angus at agrigg@afr.com
Jonathan Shapiro writes about banking and finance, specialising in hedge funds, corporate debt, private equity and investment banking. He is based in Sydney. Connect with Jonathan on Twitter. Email Jonathan at jonathan.shapiro@afr.com
