Article – Small iron ore mine approved in the Pilbara

by 2 April 2015

18 March 2015 Vicky Validakis Australian Mining

The first Indigenous-owned and operated mine in the Pilbara has been approved by the WA government.

Australian Aboriginal Mining Corporation is seeking to mine 2-4 million tonnes of iron ore at its Extension project 70 kilometres north-west of Newman.

The mine would require supporting infrastructure, including an access road, internal roads, ore crushing facilities and an accommodation camp.

The Environmental Protection Authority found that minimal impacts of the [...]

Article – Tata plant in Gopalpur SEZ to open in July

by 2 April 2015

18 March 2015 The Hindu

The high carbon ferrochrome plant of Tata Steel, which would be the anchorage industry of the proposed Special Economic Zone (SEZ) of the company in Ganjam district of Odisha, is expected to be commissioned in July this year.

This SEZ named ‘Gopalpur Industrial Park’ is coming up on the land that had been acquired by the company for its now shelved mega steel plant project near Gopalpur port. This ferrochrome [...]

Article – Cut taxes to save economy: Reagan adviser

by 2 April 2015

17 March 2015 Belinda Merhab Perth Now

AN American economist who’s advised world leaders like Margaret Thatcher and Ronald Reagan says the key to reviving Australia’s ailing economy is lower taxes.

ARTHUR Laffer says scrapping all taxes and replacing them with just two – a 12 per cent GST and a 12 per cent income tax for all – would boost economic growth and government revenue while lowering unemployment.

He suspects Australia’s tax issues are [...]

Article – China will quicken pace of introducing free trade zones

by 2 April 2015

16 March 2015 Clifford Coonan Irish Times

As growth slows, reforming the business environment in China has become a plank of the government’s strategy to keep the economy on track, and President Xi Jinping told lawmakers at the NPC that China would speed up the process of free trade zones (FTZs).

FTZs are meant to reduce red tape and offer freedom from regulatory constraints unavailable in other parts of the country, and Irish companies are watching them closely as [...]

Article – Kimberley pastoralists’ profits soar as export market grows

by 2 April 2015

16 March 2015 Stephanie Dalzell ABC News

Pastoralists in the Kimberley are experiencing a dramatic change in fortune, as demand and prices for livestock skyrocket.

The latest report from the Australian Bureau of Agriculture and Resource Economics has shown the average station in the Kimberley made a $650,000 profit last financial year.

It stands in stark contrast to figures from just two years ago, where a typical producer was losing $150,000 annually.

David Stoates, who [...]

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by 1 April 2015