Business News
Port Hedland expansion sets up WA job opportunities
June 10, 2020
Port Hedland in WA has contributed $64.1 billion to the Australian economy in 2018-2019, this contribution is foreseen to increase over the next decade. Based on reports supported by figures from BHP, Fortescue Metals Group, Roy Hill, Rio Tinto, Sandfire Resources, Pilbara Minerals and Mineral resources, the port’s activities are estimated to add around $26.2 billion to the economy by 2028-2029. The increase production could also deliver $21 billion in taxes and royalties and create more than 5300 additional full-time jobs over the next 10 years. Port Hedland is the largest global shipping hub for iron ore, with the steel-making …
Eastern states-based FIFO workers offered incentives to move to WA
June 9, 2020
Fly-in-fly-out workers who are temporarily based and living in Western Australia due to COVID-19 border restrictions are given the opportunity to permanently relocate and help boost the state’s economy. Up to 6000 workers who fly to WA for mining, oil and gas works can apply for the state government’s $20,000 Building Bonus grant if they move to the state. Premier Mark McGowan said he wanted as many FIFO workers as possible to consider moving to the state, particularly in its regional areas to support small businesses and continue to grow the economy. Chamber of Minerals and Energy chief Paul Everingham …
