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Topic

Mining

A collection of 2 issues

Australia's two-speed business economy: mining profits surge while retail profits slump

Australian company profits rose in the June quarter, but the headline disguises a sharp divide: mining profits surged 6.8% while retail profits slumped 5.2%.

Mining’s skills problem is unusually specialised

New ABS data shows that mining’s workforce problem is not simply a shortage of labour. Among mining businesses experiencing skill shortages, 77.3% say specialist skills or knowledge are required — the highest proportion of any industry.