Dividing the Spoils

  • David Humphreys


‘The mining boom that got underway in the middle of the last decade has already made us the richest citizens in Australian history. The extra income amounts to about 15 per cent of our economy, or about $190 billion each year. It is as though we inherited the entire economy of New Zealand in one fell swoop – and if prices remain steady, we will keep inheriting it year in, year out. In fact, with iron ore exports set to double, and LNG exports on track to quadruple, we’ll probably inherit two New Zealands before long’.1


Gross Domestic Product Mining Industry Commodity Price Mining Company Global Reporting Initiative 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


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© David Humphreys 2015

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  • David Humphreys

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