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Thread: Keeping the West. Aus. mines open may have saved our economy

  1. #41
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    Like the Yanks used to say Australia is like dealing with a series of countries!

    Why can't we reform or at least behave like one?

    Oh and Tas exports lots of of wood...oh no..that costs the Tas Govt millions..so ignore that one😞

  2. #42
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    Quote Originally Posted by INter674 View Post
    Like the Yanks used to say Australia is like dealing with a series of countries!

    Why can't we reform or at least behave like one?

    Oh and Tas exports lots of of wood...oh no..that costs the Tas Govt millions..so ignore that one😞
    Like the Yanks can talk - look at the way they are dealing with covid19 and compare it to how Australia is! At least Australia only has about half a dozen, not fifty, and at least they can get some sort of a national cooperative organisation working.
    John

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    China is threatening to stop importing beef from 4 meatworks, 3 in Qld, one in NSW. But will take as much meat as they can from.....Twiggy's meatworks in W.A.

    Senator Birmingham and Mr Littleproud said the government was notified late on Monday that four Australian meat establishments – two Queensland abattoirs owned by Australia's largest meat processor, JBS, as well as Kilcoy Pastoral Company near Brisbane and Northern Co-operative Meat Company at Casino, NSW – had been suspended over labelling and health certificate requirements.


    Andrew "Twiggy" Forrest’s Harvey Beef, the largest beef producer and exporter in WA, has not been impacted.
    I’m pretty sure the dinosaurs died out when they stopped gathering food and started having meetings to discuss gathering food

    A bookshop is one of the only pieces of evidence we have that people are still thinking

  4. #44
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    Arrow

    Quote Originally Posted by JDNSW View Post
    Like the Yanks can talk - look at the way they are dealing with covid19 and compare it to how Australia is! At least Australia only has about half a dozen, not fifty, and at least they can get some sort of a national cooperative organisation working.
    Yeah i thought that too when first I met US food company reps but to be fair they were way ahead of Aus in rationalizing and nationalising functions such as food safety and medicines. I think the current problem with the US is Trump who totally confuses everything he touches....mmmm..Boris might be doing the same in the UK too.

    At least ScoMo realised early that public health powers rest with the States so he had to get them on board early otherwise he would have been a sideshow.

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    Quote Originally Posted by Gav 110 View Post
    Don’t we have coal coming out of Collie

    Oh yeah the other major export out of WA ...... GST

    GST redistribution delivers boosts to WA and Victoria, but NT and Queensland set to lose out - ABC News
    It’s low quality not fit for export and only used domestically onsite for power generation. Handy in that regard but now not viable due to solar flooding the grid in daytime and coal fired turbines don’t like being switched on and off and varied in output.

  6. #46
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    There is a word called banana republic

    Put it simply, very few people need raw materials like iron ores. What are you going to do with it?

    But everybody need cars, home appliances, gadgets etc..

    So China doesn't really need us but we need China.
    Very simple.

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    Quote Originally Posted by PerthDisco View Post
    I believe they buy it (crayfish wine cheese iron ore) because it is a good quality product at a fair price with quicker delivery from a reputable seller. Put a halt on baby formula exports and see how long till mum’s riot in China.
    That's why people buys stuffs made in China

  8. #48
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    Actually, most public health powers rest with the states in the USA as well, but not, of course things like border closures. And I have to agree, Trump has not helped - even before it started he worked against any effective action by shutting down most of what preparedness the country had for pandemics, and filling most of what we would call the senior public service plus his cabinet with sycophantic incompetents, and continually arguing against anything that might have helped.
    John

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  9. #49
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    Keeping the West. Aus. mines open may have saved our economy

    Quote Originally Posted by martnH View Post
    That's why people buys stuffs made in China
    Not for premium price and quality but for the low price strategy accepting that the quality may be irregular or inferior so you take a punt on most consumer goods. You accept that for the low price the cheap tool may do the job you need now and maybe never need again vs the mindset of a tradesman using the tool every day. It’s a valid strategy and entry point.

    I’m old enough to remember when the early Datsun’s and various motorbikes were known as Jap Crap and how quickly did that change. Japan is a very coordinated place whereas the enormity of China means they compete against each other internally so the same coordinated increase in quality may occur.

    Before China iron ore was sold on FOB (buyer collects) fixed price annual agreements to Japan and Korea (whose major companies Kawasaki Hyundai Nippon etc also owned and built their own ships). When China started buying iron ore the mills in the south would compete with mills 5000km away (with a different shipping cost) in the north creating effectively a spot market that gives us today’s CFR (delivered) price varying from one ship to the next. The Chinese disorganisation has been the best thing ever for the profits of Aussie miners so far.

    Trouble is so much of everything is now made there and do we want to risk that approach on medical PPE as has been in the news.

  10. #50
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    You know if you look at a bit of recent history the unfettered export of Iron ore and coal is a big contributor to where Australia is today without much secondary industry.

    It was the capital requirements and income from the iron ore mines and coal mines that bid up the Australian dollar to USD1.50 a few years ago.

    That was the death of most Australian secondary industry.

    If the government of the day had placed export taxes on the mine outputs and reduced the growth of the extractive industries, then it is arguable that Australian secondary industries would have remained onshore, as they would have been more competitive with imports.

    For example a Holden Commodore at say 34K could probably have competed better with a Mazda 3 at 40K than one at 30K .

    So the West Australians while patting themselves on the back should also recognise that Australian secondary industry died in a large part because of their exports.
    Regards PhilipA

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