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 an operating surplus.
Read morePilbara 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 moreNew 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 moreMiners 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 moreResources 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 moreSurging 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 moreTHE 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 moreIron 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 moreIRON ORE GIVES BUDGET BOOST
09.05.2021
Australia’s Budget bottom line is recovering faster than expected, driven largely by the strength of WA’s iron ore sector, with analysts now suggesting it could be back in surplus within four years.
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