From post-COVID-19 lows of $US50/tonne, spot prices for high quality Australian thermal coal (6,000 kcal/kg) have climbed back above $US122/tonne, the highest prices seen for the commodity in almost a decade. The driver for the price increase has been strong demand from Asia, the main buyers of high-grade Australian thermal coal, amid supply constraints from thermal coal exporters across the world.
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Articles of Interest
Good news: Incentive for small business and lenders are still lending
To Our Valued Clients We acknowledge that we are facing challenging economic conditions stemming from the current health crisis. When you open the paper or read news online, it often seems like a sea of negative and heartbreaking stories. For …
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The Australian piece on electric cars – Dr Bjorn Lomborg
The following article ‘Extra emissions are the dirty little secret of electric cars’ was published in The Australian by Dr Bjorn Lomborg. This article discusses some misconceptions of electric cars and their role in environmental solutions.
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The seven wonders of the luxury world
Most of us will never be billionaires – but we can dream right? If you have been lucky enough to receive jewellery, a fine watch or vintage wine as a gift — it’s a good idea to look after it …
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Dealing with CRAP – the forgotten secret of success
It often seems every time we try to improve our lives, our relationships or our business we encounter more unwanted challenges in the process. This is why the majority of people that set themselves a goal never actually achieve it. …
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Busker to billionaire
Cirque Du Soleil is a Canadian entertainment company that is the largest theatrical producer in the world. Founded by two former street performers it has grown from humble beginnings to shows in over 300 cities on every continent except Antarctica. …
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Low interest car finance: is it really what it seems?
We see low or zero interest car finance advertised all the time. Sounds good, doesn’t it? But as the saying goes, if it seems too good to be true it usually is. So who is really paying for you to …
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Look beyond the mainstream leaders
Securing finance for your company’s plant and equipment can be a daunting exercise, but doesn’t need to be. Whether you require a finance advisor, a specialist in plant and equipment finance, or you simply want to ask some questions about …
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Questions to Adani from Four Corners
For anyone that didn’t see Four Corners this week, the show was what many would call a ‘stitch up’ on the Australian coal industry and in particular, Adani and the proposed Carmichael Project. The Adani responses, which weren’t aired on …
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Coal in India
For those taking note of all the negative news on the coal industry and the impact on our regional economy, the following report may be of interest. Prepared by the office of the Chief Economist, Department of Industry and Science, …
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