australian mining slowdown

Non-residential construction to buck mining slowdown ...

2021-9-8 · According to Australian Construction Insights (ACI), the current financial year could be the last in which falls in mining-related construction work affects all other developments in the non-residential building and construction industry. ... "marking the bottom of the mining investment dominated slowdown". "Mining related activity may ...

Mining slowdown hits Australia''s economic growth

2013-6-5 · Mining slowdown hits Australia''s economic growth Updated June 05, 2013 13:57:19 Photo: The mining and resources states of Western Australia and the Northern Territory contracted in the March quarter.

From boom to bust in Australia''s mining towns

2015-1-4 · Peter Windle is a casualty of the mining slowdown. The New South Wales mining employee has lost a well-paid job, a company car and an annual bonus that in some years was as high as A$60,000 ...

Australian unemployment rises amid mining slowdown ...

2013-9-11 · Although Australia''s $1.5 trillion economy has expanded for more than two decades, China''s slowdown has driven down commodity prices, prompting mining companies to shed staff and shutter mines.

Australia''s Productivity Performance and Real Incomes ...

Australia''s trend productivity growth declined noticeably in the 2000s compared with the period of strong growth in the 1990s. However, the effect of the decline in productivity growth on per capita real income growth has been offset by the boost to incomes from the rise in the terms of trade over the past decade.

Blackwater''s small businesses fight on amid the mining ...

2014-2-24 · Blackwater is one of many Queensland towns feeling the grind of Australia''s mining slowdown, but this one is lasting longer than many had expected. The coal mining community, west of Rockhampton ...

Construction outlook: mining construction slowdown …

2016-3-18 · A sluggish building climate in Australia, influenced by a slowdown in mining construction, is leading the biggest companies in the construction sector to trim costs, pursue smaller projects and ...

PNG calls for Australian coal mining slowdown

2016-4-22 · Papua New Guinea calls on the Australian Government to restrict coal mining amid doubts about the effectiveness of the Paris Agreement on carbon emissions.

Wesfarmers joins lithium slowdown

2020-1-23 · Wesfarmers will delay a final investment decision on its Mount Holland lithium project in Western Australia, joining a growing list of producers slowing project timelines or …

Evidence Mounts Indicating Slowdown in Australia

2013-6-4 · SYDNEY—Australian economic data Monday provided further evidence the nation''s decadelong mining boom is cooling, and suggested the slowdown would continue to weigh on the broader economy.

Mining Booms and the Australian Economy

2015-11-1 · Mining Booms in Australia The distinguishing features of a mining boom are significant increases in mining investment or mining output, usually both, which go on to have important macroeconomic consequences. On this basis, I think we can identify five major mining booms during the past two hundred years or so (Graphs 1 and 2).

Australian Exports: Global Demand and the High Exchange ...

There are some interesting parallels between the recent slowdown in Australian exports and the previous slowdown from the mid 1970s to the early 1980s: the world economy experienced two downturns relatively close together in the mid 1970s and the early 1980s; in addition, commodity prices rose strongly through the 1970s, investment in resources surged and Australia''s real …

Mining slowdown aftershocks: it could have been a lot worse

2016-3-2 · Mining slowdown aftershocks: it could have been a lot worse FRANK GELBER. ... Australian producers will continue to increase iron ore production and exports over the near term.

Dour mining report substantiates warnings of an …

2012-7-31 · A report indicating weak sentiment on the part of Australian mining companies would appear to substantiate warnings that Australia''s flourishing resources sector is headed for a slowdown.

Australia Trade Gap Shrinks on Mining Slowdown

2013-2-5 · Australia''s trade deficit narrowed sharply, which economists said reflected the scaling back of investments in the mining sector as companies observed a slowdown in China''s economy.

The Australian economy after the mining boom | Red Flag

2015-10-19 · The Australian economy after the mining boom. Between 2005 and­­ 2012 Australia underwent the most dramatic mining boom since the Victorian gold rush. Investment in the sector, broadly defined, quadrupled. The boom also fuelled growth in a wide range of industries servicing the sector, in particular engineering construction and business services.

Australian mining slowdown hits Aggreko | Financial Times

The slowdown in the Australian mining sector dragged down the profits of global power rental group Aggreko in 2014, offsetting a boost from the World Cup in Brazil and the Glasgow Commonwealth Games.

China slowdown and the impact on Australia

China slowdown and the impact on Australia The Australian share market has underperformed most global indices as slowing growth in China has put pressure on the country''s resources sector. The ASX200 is up 12% this year but this is below …

Australia bank profits may sink on mining slowdown ...

2012-10-5 · SYDNEY--Australia''s banks face a major hit to their profits as a mining boom that has propelled the nation''s economy in recent years begins to slow,...

RECENT PRODUCTIVITY TRENDS

of the mining boom in 2012-13. Advanced economies the world over have experienced a productivity growth slowdown since about 2005. The Australian slowdown was somewhat smaller, partly because of the expansion of the mining sector during this period. Wages growth, measured against consumer prices, has been weak since about 2012-13 for

Australia''s Resources Slowdown Hits Regional Airlines

2015-1-9 · At the height of Australia''s mining boom, thousands of workers were being flown in and out of remote towns to dig up everything from coal to iron ore. But now things have turned around, some ...

Metro''s Bauxite Hills shipment increases amid mining …

2020-9-8 · Metro Mining has continued to increase shipments despite a slowdown in mining activities at the Bauxite Hills mine in Queensland. The …

Blackwater''s small businesses fight on amid the mining ...

2014-2-24 · Blackwater is one of many Queensland towns feeling the grind of Australia''s mining slowdown, but this one is lasting longer than many had expected.

Construction outlook: mining construction slowdown …

2016-3-21 · A sluggish building climate in Australia, influenced by a slowdown in mining construction, is leading the biggest companies in the construction sector to trim costs, pursue smaller projects and ...

Australian professionals fill hole dug by mining slowdown

2015-4-20 · As Australia''s cooling mining sector lays off workers, an army of white-collar professionals is more than filling the employment gap, courtesy of a housing sector stoked by record low interest rates.

Australian Companies Worried About The Slowdown In …

2012-6-17 · China is the world''s largest consumer of raw materials, and the ongoing slowdown could have ramifications for mining and metal exporters. China is Australia''s biggest trade partner and a major consumer of its commodities. Australian exports to China were $64.8 billion in the year to June 30, primarily driven by demand for iron ore.

Finance sector downbeat on mining sector

The slowdown in the Australian mining sector dragged down the profits of global power rental group Aggreko in 2014, offsetting a boost from the World Cup in Brazil and the Glasgow Commonwealth Games.

Brexit uncertainty weighs on mining sector amid global ...

2019-10-18 · Australian mining company Iluka Resources Ltd. attributed lower-than-expected zircon sales volumes in the first six months of its financial year, which ended June 30, to trade tensions, Brexit, and "Iran, Turkey and India faltering." ... An overall slowdown in the British economy saw business investment fall 0.4% between 2017 and 2018.

The Good News From Australia''s Mining Gloom | Barron''s

 · In the long term, the slowdown in Australia''s mining sector could also benefit the overall health of the country''s economy. "The country is getting back a …

Chasing the dragon''s tail: global mining and China''s ...

2015-9-23 · It''s an issue that is having an impact far outside the industry itself due to the Australian economy''s reliance on mining exports to China; approximately $3.6bn is wiped from the country''s tax revenues for every $10 drop in the iron ore price. A prolonged slowdown in Chinese economic growth risks pushing Australia into recession.