Article 705QY BHP blames ‘coal tax’ for job layoffs. But there’s obvious reasons coalmines aren’t as profitable anymore

BHP blames ‘coal tax’ for job layoffs. But there’s obvious reasons coalmines aren’t as profitable anymore

by
Jonathan Barrett
from World news | The Guardian on (#705QY)

Rising wages and costs of having to dig deeper for minerals - not royalty payments - are behind job cuts in a sector that appears to be in decline

Australia's big miners are not averse to a political fight.

Consider the biggest miner of them all: BHP.

Jonathan Barrett is business editor of Guardian Australia

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://www.theguardian.com/world/rss
Feed Title World news | The Guardian
Feed Link https://www.theguardian.com/world
Feed Copyright Guardian News and Media Limited or its affiliated companies. All rights reserved. 2025
Reply 0 comments