Tag: Resources

Australia’s services sector is showing its first signs of recovery despite increases in interest rates, with the AiG Performance of Services Index recording growth in April.

Big miners are the losers and small explorers are the winners from the Federal Government’s response to the Henry Taxation Review.

The Henry Tax Review’s ‘Super Profit Tax’ on mining has put up to $100 billion worth of projects in jeopardy the Queensland Resource Council (QRC) says.

Those with IT skills are picking up significant pay increases in Western Australia as demand for resources pushes up wages and demand in the state for qualified professionals.

Australia continues to struggle to manage its ‘two speed economy’ as the resource sector booms, while rising interest rates cripple the services sector.