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Articles on Mining boom

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Together with the government, the banking sector could play a role in easing the transition for mining workers. Tony McDonough/AAP

HECS for the unemployed: a finance answer to mining’s decline

A decade of strong mining revenue growth has seen workers disproportionately located in the “mining states” of Queensland and Western Australia. With mining investment now waning, workers drawn by in the…
Infrastructure in the Pilbara is a mixture of private and public owned assets. AAP/Will Russell

As slowdown looms, Pilbara will need networks to thrive

The Pilbara has had a remarkable boom in recent years, but with the current slowdown comes questions about its long-term future. The need to diversify the local economy is obvious, but how do you do this…
WA’s mining boom has moved to the production phase, creating fresh challenges for the economy. AAP

Changing times: the economic policies WA needs now

One of biggest issues to be addressed in tomorrow’s WA Senate poll - and perhaps one of the most complex, too - is how best to maintain the state’s growth trajectory through the forthcoming period of transition…
The Rio Tinto’s Kestrel Mine, north-east of Emerald, Queensland, extended its operations as mining companies around Australia moved from developing new mines to turning on production. AAP/Rio Tinto

Mining construction takes big hit as sector moves to production

Declining commodity prices and high production costs are hampering investment in the mining industry, with new figures revealing big decreases in planned projects. The value of projects in the “publicly…
Despite his electoral success earlier this year, WA premier Colin Barnett has suffered a string of economic blows - the latest being a credit rating downgrade and the rejection of his proposed raise in the GST. AAP/Theron Kirkman

GST rebuff and credit downgrade add to Barnett’s annus horribilis

2013 hasn’t been a good year for Western Australian premier Colin Barnett. Standard and Poor’s recent downgrade of his government’s credit rating continues a pattern. It is not an aberration. Barnett’s…
Resource tax reform could solve the problem of an ageing population. But is the current government brave enough to do it? Sourced from www.shutterstock.com

Ageing population and mining: a tale of two booms

In an unusual move, Mission Australia and the Business Council of Australia recently co-authored a piece calling for a mature and open conversation about tax reform. They join a chorus of voices, from…
Investing in libraries could be a good way to boost Australia’s economy. Library image from www.shutterstock.com

Forget mines: Rudd and Abbott should look to libraries to drive our next boom

The Sydney Morning Herald recently reported that information technology and biotech entrepreneurs are beginning to displace mining magnates at the top of the nation’s rich lists. Out goes resources tycoon…
Both Tony Abbott and Kevin Rudd have been busy visiting manufacturing facilities during the election campaign. However neither is promising inspiring economic policy. AAP/Julian Smith

Election 2013 Essays: It’s the economy, stupid

Election 2013 Essays: As the federal election campaign draws to a close, The Conversation asked eminent thinkers to reflect on the state of the nation and the challenges Australia – and whichever party…
The mining boom is over but our political leaders have refused to acknowledge that bad times may be coming. Image from shutterstock.com

Election 2013 Issues: How we make our money

Welcome to the The Conversation’s Election 2013 State of the Nation essays. These articles by leading experts in their field provide an in-depth look at the key policy challenges affecting Australia as…
What is the future of Australian productivity and investment after the mining boom? AAP/Christian Sprogoe

After the boom: where will growth come from?

Where will jobs and growth come from after the mining boom? This is the fundamental question facing the next Australian government, whose success will depend to a great extent on how it addresses this…
The ground beneath our feet is full of riches. How do we make the most of them? Flickr/ginger_ninja

Election 2013 Issues: The ground beneath our feet

Welcome to the **The Conversation Election 2013 State of the Nation* essays. These articles by leading experts in their field provide an in-depth look at the key policy challenges affecting Australia as…
Investing in large-scale infrastructure will make Australia’s economy more efficient in the face of a receding mining boom. AAP

Beyond the mining boom: from resources to infrastructure

The term of the new Australian government – whether finally led by Kevin Rudd, Tony Abbott or Malcolm Turnbull – will be shaped by one dominant economic reality: the end of the mining boom. The immediate…
How long does it take to get a mine approved in Australia? APH

FactCheck: does it take three years to get approval for a mine?

“Just to get the regulatory approvals [to start a mine] takes more than three years. Six years ago it took less than 12 months… Australian investors are fleeing this country to invest in more stable countries…
A myopic focus on short-term cyclical business cycles has meant successive governments have failed to carry much needed structural reform. Image sourced from www.shutterstock.com

Beyond the boom: have we frittered away our opportunities?

No sooner had Treasurer Wayne Swan accused the Europeans of “mindless austerity” a month ago than he embarked on a resolute but most likely counter-productive search for cost savings in the coming May…
External economic pressures, including a high Australian dollar, will pose challenges for the Napthine government. AAP

Flat economy will continue to challenge the Victorian government

The last two years for Victorians and the Baillieu government have been challenging, with a flat economy and tight budget constraints. The next few years for the Napthine government are likely to involve…
Outgoing BHP Billiton CEO Marius Kloppers shakes hands with his successor, Andrew Mackenzie. AAP

Change at the top: what next for BHP Billiton?

The board of BHP Billiton Limited today announced the retirement of chief executive officer and inside director Marius Kloppers. Dr Kloppers is a 20-year veteran of the company, serving 12 years as a senior…
As investment in mining projects hits its peak, the Australian economy will undergo a transition to export-led economic growth. AAP

Tougher times ahead as the mining boom shifts gears

Various explanations have been offered for Prime Minister Julia Gillard’s decision to announce the date of the 2013 federal election almost eight months in advance. Most commentators, both those who applaud…
Re-run: if the US fiscal cliff has the same feel as last year’s debt ceiling crisis, we’re not surprised…

2012, the year that was: Business and Economy

Different year, same crisis. Around this time last year, the United States was looking down the barrel of economic disaster with the debt ceiling. As we approach 2013, it peers over the fiscal cliff. That…
Australia must resolve numerous social, economic and environmental obstacles if it wants to reap the benefits of the Asian Century. Image from www.shutterstock.com

Charting a sustainable future will be fraught with challenges in the Asian Century

Governments are forever immersed in the daily challenge of responding to what the former British Prime Minister Harold Macmillan once knowingly described as “events.” It was he who coined the resounding…

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