Group executive news

Group executive news

WA premier Mark McGowan hikes port fees on iron ore miners BHP, Fortescue, Roy Hill

01.06.2021

Mr McGowan on Monday announced that WA had delivered a $2.36 billion operating surplus for the first nine months of the current financial year, due primarily to the surge in iron ore prices. WA is the only jurisdiction in Australia running ...

Read more

Pilbara iron ore powering Australia’s economy

20.05.2021

“I congratulate our iron ore sector for its strength, reliability and resilience during the COVID-19 pandemic, and for its continued support of Australia’s economy,” Minister Pitt said.

Read more

New figures show mining sector powering the economy

19.05.2021

“These changes will transform the NAIF to make it a more proactive investor in projects that will generate economic activity and job creation,”

Read more

Miners deliver record $39bn windfall to boost government bottom lines

18.05.2021

“Australia’s minerals industry paid record taxes and royalties to federal, state and territory governments in 2019-20 even as the COVID-19 pandemic started to push the economy into recession,”

Read more

Resources sector boosts federal budget spending spree

12.05.2021

The mining industry exceeded government expectations in its tax receipts, accounting for 30 per cent of company tax collections, which is forecast to reach $100.5 billion by 2024-25.

Read more

Surging iron ore prices a ‘get out of jail free card’ for Morrison and Frydenberg

12.05.2021

Accenture Managing Director Andrew Charlton says a recent surge in iron ore prices is a “get out of jail free card” for Scott Morrison and Josh Frydenberg.

Read more

THE IRON GIANT

12.05.2021

Booming iron ore exports are supercharging Australia’s pandemic recovery, helping to deliver the Federal Government a company tax windfall this year that’s almost $9 billion higher than forecast.

Read more

Australia’s iron ore boom: Investors profit as global economy recovers

11.05.2021

It is one of the most isolated major cities on earth, boasts some of the world’s finest beaches and is mercifully Covid-19 free.

Read more

Iron ore is saving Australia’s trade with China. How long can it last?

10.05.2021

Now, one commodity is almost single-handedly keeping the trade relationship afloat: iron ore.

Read more