Group executive news

Group executive news

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.”

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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."

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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.

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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.

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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.

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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,”

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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,”

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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.

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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.

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