Group executive news

China’s iron ore imports are boosting Australia’s economic recovery

26.07.2021

Prior to the pandemic, Australia’s relationship with China was at times strained, but generally uneventful. Despite Beijing giving federal cabinet the silent treatment on multiple occasions, the flow of trade between Australia and China continued relatively unimpeded.

Iron ore stars in June export figures: ABS

26.07.2021

“These incredible results underline the importance of Australia’s resources sector to the national economy and international markets throughout the COVID-19 downturn,” he said in response to the Quarterly. “Australia’s energy and resources sector has remained safe and reliable suppliers to domestic and global markets throughout the pandemic, helping to underpin economic growth and overcome the challenging trade conditions of the past year.”

WA’s iron clad help for NSW

15.07.2021

Leading economists believe that without WA’s record iron ore trade the Federal Government would not have had the financial flexibility to support NSW to the tune of $500 million a week during its COVID-19 lockdown. AMP chief economist Shane Oliver said without high iron ore prices the Government would not have had the cash to help NSW as much as it had. “The national income is given a boost by the iron ore boom and that is allowing the Federal Government to provide assistance to NSW, which then means incomes in NSW are protected and can bounce back more quickly,” he said.

WA resources sector injects $122 billion into economy in 2019-20, CME survey shows

12.07.2021

WA mining and resources companies injected almost $122 billion into Australia’s economy in the 2019-20 financial year through direct and flow-on spending, helping create 309,000 full-time jobs during COVID-19. The figures, from WA’s peak resources industry body, revealed the extent to which the local sector powered economies and communities around the nation as they reeled from the impacts of the pandemic. “That’s why it’s so important that both industry and government continue to tackle key challenges like current and future skills shortages, in order to fully capitalise on the significant opportunities we have in front of us.”

Iron-ore drives Aus exports to record highs

29.06.2021

“These incredible results underline the importance of Australia’s resources sector to the national economy and international markets throughout the Covid-19 downturn." “Australia’s energy and resources sector has remained safe and reliable suppliers to domestic and global markets throughout the pandemic, helping to underpin economic growth and overcome the challenging trade conditions of the past year."

WA Perth Royal Show Dairy Awards, Bannister Downs recognised once again!

27.06.2021

Competing in the 2021 Perth Royal Food Awards for the 15th consecutive year, Bannister Dairy produce, renowned for its quality and great flavour, awarded these champion titles, a true reflection of the effort and care that is made daily, with a complete focus on quality.

Kidman pie launch

12.06.2021

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.

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.

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,”