BHP blames ‘coal tax’ for job layoffs. But there’s obvious reasons coalmines aren’t as profitable anymore

Rising wages and costs of having to dig deeper for minerals – not royalty payments – are behind job cuts in a sector that appears to be in decline

• Get our breaking news email, free app or daily news podcast

Australia’s big miners are not averse to a political fight.

Consider the biggest miner of them all: BHP.

Jonathan Barrett is business editor of Guardian Australia

Continue reading...

from World news | The Guardian https://ift.tt/jzal0q6
via IFTTT