Just how much money will the government’s revised mining tax end up raising from the big players, ask Glenn Dyer and Bernard Keane?
Rio Tinto
How the ‘resource curse’ eats at the heart of Bougainville
Bougainvilleans may have won the war but the peace has left years of inertia, and a province desperately needing rehabilitation.
Now it’s China’s banks under the hammer
The global banking strains have spread to China with the country’s government last night surprising with a very public move to buy shares in its four biggest lenders after their shares have fallen 30% in recent months.
Bartholomeusz: BHP’s gas play ticks all the boxes
A company such as BHP, with its vast balance sheet and cash flows, is able to accelerate development.
Gottliebsen: the public enemy of productivity
Treasury boss Martin Parkinson has called for Australia to lift productivity and wants a return to structural reforms to boost our productivity, writes Robert Gottliebsen.
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.
Bartholomeusz: an Amazonian effort
The common denominator in the Amazon and Google results was that the increase in revenues significantly outstripped the increase in earnings.
How the corporate world looks after its own
Corporate Australia appears to be suffering from a terrible dose of amnesia. Or perhaps boardroom figures have simply given up being responsible stewards of shareholder monies and instead, simply look after their own.
Aluminium smelting: the best bang for your fossil-fuel subsidy buck
The aluminium smelting industry is demanding massive compensation under a carbon price - but already benefits from hundreds of millions of dollars in subsidies a year.
Australia’s affluenza built on a house of sand
Australia’s economic miracle and recent bout of affluenza is built on a house of sand. Local debt and what appears to be an unsustainable boom in its biggest customer.
Gottliebsen: why BHP’s Potash bid failed
BHP Billiton has failed in three major corporate thrusts. Each time it has made serious mistakes, writes Robert Gottliebsen of Business Spectator.
The mining stoush: it ain’t over yet
The deal Julia Gillard cut last year with the big three mining companies - BHP, Rio Tinto and Xstrata - is reportedly under threat of unraveling, with the PM and the three companies embroiled in a dispute about whether refund royalties should apply retrospectively.
Wesfarmers transparency sets example on contract disclosures
It can be argued that ASIC and the ASX are allowing the likes of BHP Billiton and Rio Tinto to trade in an uninformed market because of a failure to update the market on quarterly iron ore and coal contract prices.
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.
Forget the ETS, world first Climate Advocacy Fund has miners in its sights
Australian Ethical Investments executive director James Thier says the new world first Climate Advocacy Fund will initially focus on companies in the mining sector, writes Crikey intern Ben Hagemann
New tax a win for common sense and for the PM
While the opposition looks set to oppose the MRRT, Julia Gillard has come up with what appears to be a very well-designed compromise in a remarkably short time.
Business As Usual: China well and truly in the driver’s seat … BP spill bill jumps to $2b …
Golbal markets are dancing to China’s tune. Plus, the US is still lurching towards a slowdown, a failure for Macquarie,Germany has changed the dealine for its iron ore project with BHP and other business news.
2010 election: Labor’s challenge bigger than just beating Abbott
It’s no longer Tony Abbott versus Kevin Rudd. It’s several large, wealthy transnational companies — Rio Tinto, BHP-Billiton, Xstrata, News Ltd — versus Labor.
Business As Usual: Upgrade for Rio Tinto … still gloom about Europe … newspapers chase government bucks …
A big French bank has upgraded Rio Tinto, sovereign risk and all, stress test for banks, big global investors are gloomy about Europe, newspapers chasing dollars from government coffers and other business news.
Iron ore’s raging thirst could consume an entire industry
Mining’s thirst for water in the Pilbara is starting to scar one of Western Australia’s most pristine national parks. It’s a warning sign for a region that relies heavily on groundwater to survive.
