Instead of bringing up wage levels by training and up-skilling people, Australia has arbitrarily forced them up via mandated increases. So when the guy serving your fries is on $20/hour then yeah, everything becomes expensive. The minimum wage in Tokyo is 880yen or $12/hr.
I laughed when Scott shot down the myth that it's easier to do business in Oz than a place like Vietnam. The sovereign risk is operating HERE, not there. Anyhoo. Rant over. The mine might take 1-2 years to get to production but the demand for Nickel isn't going away anytime in the next 50 years.
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