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  1. tcf
    6,868 Posts.
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    Western Australia sure is different. Its resource policy and business although not 100% is carrying the nation on its back.

    State Agreements (people outside WA, Queensland and SA wouldn't understand their benefits) are contracts which contain breach conditions. The State who is a party to the State Agreement has never raised a breach of the Agreement on Rio and its mates.

    If they did there is a process for resolving the breach. The sad problem is Rio and its mates have no obligations for a breach to be raised on them.

    CAZ followers should get a copy of the Rhodes Ridge Statue and read it to understand how shaky your investment is.
 
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