Nothing much to do with government. Government will never have a perfect scoreboard with anybody, as they are about making compromises. Better wages for workers equals higher costs for miners. I'm totally against itinerant workers reducing wages for Aussies. But also some of the union tactics and possible corruption can shirt me off as well.
Anyway it is now all about credit metrics for borrowing covenants. ICR, EBITDA to Debt Ratios, etc.
Can't blame anybody really, as nobody can perfectly predict the future.
Jobs may be back in a flash if China starts going nuts again. I hope so.
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