News

S&P Global lifts forecast for iron ore price to ride higher for longer
Article by Daniel Newell courtesy of the West Australian State Government coffers are set to reap further benefits of elevated iron ore prices for longer, according to global ratings agency S&P, which

RESOURCES SECTOR CONTINUES TO LEAD
Article by Stuart McKinnon courtesy of Kalgoorlie Miner WA’s booming resources sector reported record sales of $174 billion in 2020, underpinned by a $116b contribution from the State’s thriving iron ore industry

What pandemic? Iron-clad WA resources sector ‘supercharged’ by COVID
Article by Hamish Hastie courtesy of the Age Western Australia’s mining industry was staring down the barrel of what it thought could be annihilation in March last year. But fast forward 12

Iron ore boom, strong labour market ease budget woes
Article by David Rogers courtesy of the Australian Australia is set to reap a budget windfall from booming iron ore prices and a stronger than expected economy and labour market, with a

Mine export surge holds up economy
Article by Angela Macdonald-Smith and John Kehoe, courtesy of the Australian Financial Review A record $296 billion in forecast resources and energy exports this year is turbocharging Australia’s economic rebound from the

RESOURCES HIT $296B RECORD
Article by Stuart McKinnon courtesy of the West Australian Australia’s resources sector will again break export earnings records this financial year, underpinned by another record high in annual income from WA’s powerhouse

Iron ore to drive $136bn windfall
Article by David Rogers courtesy of the Australian Booming iron ore exports on the back of a global economic rebound linked to stimulus measures and supply shortages following the COVID-19 pandemic are

Australia’s economy is more reliant on iron ore than ever
Article by Greg Jericho courtesy of the Guardian It is great for our economy, but it also means Australia’s economic base has become very narrow.

WESTERN AUSTRALIAN’S BUDGET OUTPACES REST OF THE WORLD
Article by Patrick Commins courtesy of The Australian Western Australia has recorded the best budget performance in the world through the pandemic, underpinned by a boom in mining royalties that have shielded

WA’S ECONOMY BEST IN WORLD DURING COVID-19 PANDEMIC
Article courtesy of The West Australian WA’s economy has boomed to be the best in the world during the COVID-19 pandemic. An analysis by S&P Global Ratings, reported in The Australian, show

AUSTRALIA POSTS RECORD $10B TRADE SURPLUS IN JANUARY AS IRON ORE EXPORTS BOOM
Article by Colin Brinsden courtesy of the West Australian Australia has posted the biggest monthly trade surplus in history on the back of record iron ore exports, as the economy continued to

WA ‘carries nation’ as McGowan pumps iron for election
Article by Paige Taylor courtesy of the Australian West Australian Premier Mark McGowan is campaigning on what he calls a lack of understanding that “WA carries the nation”. The Newcastle-born Labor Premier