Peter Ker

Peter Ker

Multinationals cry foul at budget's corporate tax changes

Peter Ker Clancy Yeates Multinational oil and gas company BP has described the 2012 budget as a ''missed opportunity'' for tax reform and said some of the tax changes announced were at odds with a pro-growth agenda.

Mining

Rio bauxite project gets the nod

mining

Peter Ker Rio Tinto is able to push ahead with a big new bauxite project near Weipa in Queensland, after federal Environment Minister Tony Burke gave it conditional approval.

Multinationals cry foul at budget's corporate tax changes

Peter Ker, Clancy Yeates Multinational oil and gas company BP has described the budget as a ''missed opportunity'' for tax reform and said some of the tax changes announced were at odds with a pro-growth agenda.

Mining

Rio bauxite project gets the nod from Canberra

Federal Water Minister Tony Burke comments on the Murray Darling Basin Authority Draft Plan during a doorstop at Parliament House Canberra on Monday 28 November 2011.
Photo: Alex Ellinghausen

Peter Ker Tony Burke gives big new bauxite project near Weipa in Queensland conditional approval.

Budget 2013

Mining tax revenue slumps

Pilbara iron ore

Peter Ker Revenue targets for the Gillard government’s mining tax have been downgraded yet again.

Mining tax revenue slumps to $200 million

Loy Yang power station.

Peter Ker Revenue targets for the Gillard government's mining tax have been downgraded yet again, with Treasury now expecting just over $200 million from the controversial measure this financial year.

Budget

Loopholes to close on big end of town

Budget cuts and dollar.

Clancy Yeates with Peter Ker Multinational businesses are the prime targets of a sweeping plan to close down corporate tax loopholes, but local banks are also in the government's sights.

Resources

Rio Tinto hit on Rinehart ore claim

Gina Reinhart

Peter Ker and Gareth Hutchens Rio Tinto has been ordered to pay $200 million to companies controlled by Gina Rinehart and fellow mining heiress Angela Bennett after a court found the multinational miner should have been paying...

Accounts

Hancock Prospecting edits annual report

Gina Rinehart.

Peter Ker Gina Rinehart's Hancock Prospecting has amended its financial report for the the 2012 financial year, with the changes seemingly focused on the number of people employed by the group.

Resources

Fortescue ventures outside of iron ore

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Peter Ker Fortescue continues to dabble outside its Pilbara iron ore heartland, announcing an early stage agreement to investigate territory in South Australia that looks for prospective copper, gold and iron...

Resources

Taxpayers to back Rio Tinto Mongolia mine

Rio Tinto

Peter Ker Australian taxpayers will help Rio Tinto to fund a $US5.1 billion mine expansion in Mongolia, after Australia's export credit agency decided to continue its controversial habit of lending to...

Resources

BHP's Mackenzie has long to-do list

Andrew Mackenzie.

Peter Ker The new chief faces a more sober time for resources but won't be sitting back.

Mining

BHP's new boss takes the reins in WA

Andrew Mackenzie

Peter Ker Andrew Mackenzie's time at the helm of BHP Billiton will officially begin this morning in the heart of Western Australia's Pilbara region.

Resources

Rio Tinto looks bullish on expansion plans

Heavy machinery operates in the pit at Rio Tinto Group's West Angelas iron ore mine.

Peter Ker Rio Tinto looks set to push ahead with $US5 billion of expansion plans at its iron ore business in the Pilbara.

Executives

Rio to beef up board

Rio Tinto logo.

Peter Ker Rio Tinto will look to add as many as three new directors to its board over the next 12 months, according to company chairman Jan du Plessis.

Resources

Labor MP wants mining tax burden eased

Peter Ker The minerals resource rent tax places too much of a burden on small miners, says MP.

Results

Hancock doubles pay to key staff

Peter Ker Gina Rinehart's Hancock Prospecting also reduced its staff numbers by close to 44 per cent.

Shale could lift manufacturing: Minister

Peter Ker New Resources Minister Gary Gray has predicted that Australia’s embryonic shale gas industry will help create a manufacturing renaissance similar to that underway in the United States.

Commodities

BHP offloads mine for $632m

BHP Billiton's iron ore loading facility in Port Hedland.

Peter Ker BHP Billiton's divestment campaign continues, announcing the sale of a copper mine.

Resources

Rio Tinto, BHP break the ice on mining tax

Coal dredger

Peter Ker Rio Tinto has made its first payment under the Gillard government's mining tax.