Remember those “this is our story” mining industry ads against the mining tax? Well the Australian Manufacturing Workers’ Union is fighting back with its hilarious “this is the real story” campaign. First up, the “real” story of life as a billionaire miner, complete with caviar for breakfast …
Mining
Your Say: Daily Mail readers' feedback: MRRT: this is the economy, not the Melbourne Cup
Crikey readers have their say.
Abbott on farming v mining
Tony Abbott has arrived late and confused at an issue the Greens have been pursuing for years. Declaring you support both farmers and miners on these issues is merely going to make everyone unhappy.
Coal seam gas miners’ water bargaining potentially tainted
Mining companies are winning the support of farmers in the Dalby Downs region of North Queensland by offering to return water used during the process of coal seam gas extraction, despite concerns about water quality.
Rundle: Greens are outflanking both sides on foreign ownership
The Greens strategic path is obvious, and half-completed. To outflank Labor, march through the heartland, and connect to rural Australians increasingly disturbed by the conflict between farming and mining.
Who’s who in $4.4 trillion foreign farmland spending spree
As controversy bubbles over the latest big local farmland buy-up and what it means for food production, it’s worth looking to see where these foreign raiders are coming from, who’s backing them and how other countries are tightening regulations to stop them.
How Gina Rinehart will become the world’s richest person
Gina Rinehart hates the label “Australia’s richest person”. So how will she and the rest of the country react when (not if) she ranks as the “world’s richest”, as can be forecast using the latest research? asks Tim Treadgold.
Business Council of where?
Some of our “Australian” industry bodies don’t quite live up to their titles, write Bernard Keane and Crikey intern Iona Salter.
Political snippets: Punishing Western Australia but not too much
I cannot see that it really matters which government gets the extra money from the Western Australian mining industry.
Namibia’s class warfare: mining booms but nobody gets fed
Think Australia has a middle-class welfare problem? Namibia is the most economically unequal country in the world, writes Robert Johnson from the west African nation, despite its rich resource revenues.
Australia’s trillion-dollar land swindle
Missing from the government’s 96-page report into mining in the WPA is discussion of a potential windfall or special dividend for the original pre-1947 residents of the area, writes Luke Miller.
Our fiscal props: financial services and mining
Quick - what’s the biggest sector of the Australian economy? The answer reveals a lot about what’s happened since 2001, and what will happen in the next recession.
Queensland: the carbon kings
New greenhouse data shows that even with the GFC and some one-off factors holding down emissions, Australia will miss its 5% carbon reduction target by 2020.
Fortescue releases its own native title video
Fortescue Metals Group has stepped up efforts to counter the claims made in a controversial clip of a native title meeting held in Roebourne last month by releasing their own video online.
Twiggy’s legal team: native title video ‘incites racial hatred’
In an email from Fortescue’s legal team to Vimeo, FMG says a controversial native title video is defamatory, misleading and “designed to intimidate”.
Mining the donations: Palmer returns as $1 million Tory sugar daddy
Billionaire Queensland mining magnate Clive Palmer ratcheted up his political donations to the conservative side of politics to over $1 million in 2009-10, despite the Liberal Party declaring his cash persona non grata mid-way through the audit period, according to data released by the Australian Electoral Commission this morning.
Digging the joys of Jabiru, Kakadu
When Ben Hagemann was offered a mining job in the NT, he figured it’d be a nice way to see the Top End. He wasn’t expecting radiation poisoning, drink driving escapades and beautiful rainbow serpent stories.
Turnbull: Cough up the facts, Wayne
Labor’s so-called super profits tax was slashed shortly after Julia Gillard took office. But exactly how much revenue did the government forfeit to please big business? It’s time for Wayne Swan to give us the facts, writes Malcolm Turnbull.
Brown goes bush to support farmers in a fight for land
The stakes in a farmer versus miner battle were lifted into the federal political arena yesterday, as Bob Brown challenged Julia Gillard to stop a proposed coal mine that local farmers claim would ruin their prime farm land, writes Amanda Gearing.
Mining: not that great for indigenous Australia
Much of the talk around the RSPT and the mining industry is about how valuable mining is to indigenous communities. But that depends on what you define “progress” as, says Sarah Burnside.
How profitable is mining?
In light of the RSPT, Possum Comitatus takes a look at the mining industry. Mining makes up 1.3% of all jobs in the economy and has the highest profit margin of any industry.
Business As Usual: RBA — as you were … Share market fall here the worst May result for 26 years …
It’s a case of wait and see for the Reserve Bank, a rate rise is, however, on the cards in Canada, the share market fall here was the worst May result for 26 years, and other business news.
