boyo
Mark Ella (57)
Business leaders should stop whinging about Australia’s competitiveness
http://www.theguardian.com/business...top-whinging-about-australias-competitiveness
"Instead of putting the onus on the government, business should look at how it can improve capital productivity"
"However, as I reported last week, mining investment consultants Behre Dolbear judge Australia as second only to Canada as the best place for mining investment. Similarly the most recent report by the World Bank onease of doing business ranked Australia as 11th out of 189 nations. Canada was ranked 19th and Guinea was rather well behind in 175th place.
And we shouldn’t think mining operations in Africa are always profitable endeavours. Yesterday Rio Tinto sold its coal assets in Mozambique for US$50m, having bought them in 2010 for a whopping $4bn. Ouch."
http://www.theguardian.com/business...top-whinging-about-australias-competitiveness
"Instead of putting the onus on the government, business should look at how it can improve capital productivity"
"However, as I reported last week, mining investment consultants Behre Dolbear judge Australia as second only to Canada as the best place for mining investment. Similarly the most recent report by the World Bank onease of doing business ranked Australia as 11th out of 189 nations. Canada was ranked 19th and Guinea was rather well behind in 175th place.
And we shouldn’t think mining operations in Africa are always profitable endeavours. Yesterday Rio Tinto sold its coal assets in Mozambique for US$50m, having bought them in 2010 for a whopping $4bn. Ouch."