澳洲经济真的不行了吗？

tysquare

今天bhp, rio相继宣布裁员，大力cut budget，并且south down项目也被grange resource给停掉了，西澳矿业现在真是哀鸿遍野啊。。。。

samchen

给个新闻链接。

springoz

一边在裁，一边也在招其实

samchen

UPDATE 7.40am: Mining giant Rio Tinto says it will continue to ramp-up iron ore production in the Pilbara despite plans to cut spending and make savings worth billions of dollars over the next few years.

Rio announced this morning it aimed to reduce its operating and support costs by more than $US5 billion ($A4.81 billion) by the end of 2014, with cuts focused mainly on its coal and aluminium divisions.

It would also cut spending on exploration and evaluation projects by $US1 billion ($A961.95 million) over the remainder of 2012 and 2013, Rio said.

Capital expenditure on approved projects would taper off from their current levels in 2013, the company said.

"We are taking further tough action to roll back the unsustainable cost increases of the past few years and are maintaining a relentless focus on improving productivity," chief executive Tom Albanese said in a statement.

But far from pulling back its Pilbara expansion plans, Rio Tinto has added an extra 7 million tonnes a year to its expansion targets, saying debottlenecking and productivity gains in WA had led to increased exports from its local operations.

Speaking to journalists in a teleconference from Sydney this morning, Mr Albanese said nameplate capacity at Rio’s iron ore operations had increased to 237 million tonnes a year with “minimal capital expenditure” and the company expected to be producing at a rate of 290 million tonnes a year by the end of 2013, up from a target of 283mtpa.

In a rare move, Rio Tinto offered investors a look at its operating costs in the Pilbara, saying it was producing iron ore at a cash cost of $US24.50 ($23.40) per tonne in the first half of the year, and was delivering product to its customers at $US47/t including transport, royalty and sustaining capital costs.

The company said the short-term macroeconomic outlook remained volatile, with major uncertainties about future economic growth in the United States and Europe.

But Mr Albanese said the company was cautiously optimistic on the outlook for economic growth in China.

Recent economic data from China suggests early signs of an improvement in growth, and Rio expects this to continue in 2013, causing a slight rise in economic growth to more than 8 per cent.

“We’re beginning to see green shoots in China. We’re beginning to see sign there is – albeit slow – levels of stimulus that beginning to have some positive effect on the market. Though it’s slower than we probably would have thought six months ago,” he said.

Mr Albanese said Rio had the ability to respond to changing market conditions and he was confident the company had the right strategy to maximise shareholder value in the long term.

"Today we are highlighting the strong future earnings potential from iron ore volume increases and higher-priced new titanium dioxide contracts," Mr Albanese said, ahead of a presentation to investors later today.

"And we are showcasing the excellence of our WA iron ore business, which is delivering productivity improvements and holding down the costs of expansion despite the current headwinds."

Rio shares were up 38 cents to $57.08 at 7.40am.

samchen

原帖由 springoz 于 30-11-2012 01:39 发表

                               
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一边在裁，一边也在招其实

那个位置是为未来的你留的。

springoz

你先去填空吧，别客气哈~

原帖由 samchen 于 30-11-2012 01:41 发表

                               
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那个位置是为未来的你留的。

tysquare

Online employment group Seek says job ads in Australia and New Zealand are down so far in 2012/13.

Chief executive Andrew Bassat said there had been a "consistent but gradual decline in total ad volumes" since June 30.
Mr Bassat said the advertising volume decline meant Seek's Australia and New Zealand operations - Seek's largest generator of its earnings - were expected to report flat revenue in the first half of 2012/13 compared with the prior corresponding period.
The performance of Seek on both sides of the Tasman in the second half would depend on how willing companies were to hire and the level of consumer sentiment, Mr Bassat said at Seek's annual general meeting in Melbourne on Thursday.
Seek operates three main businesses - the Australia and New Zealand jobs listings website, an education unit that offers teaching courses and student recruitment, and an international arm that holds the company's interests in offshore ventures.
Mr Bassat said net profit, revenue, earnings before interest, tax, depreciation and amortisation (EBITDA) across the group for the full 2012/13 year was expected to be up from 2011/12.
"Seek has a portfolio of market-leading businesses that are well positioned for growth via cyclical and structural trends," Mr Bassat told shareholders in prepared remarks.
Mr Bassat said Seek would provide a further update on market conditions at its first half results presentation in February 2013.
At 1525 AEDT, Seek was down 15 cents at $6.53.

tysquare

Rio Tinto has flagged job losses at its coal and aluminium operations, after announcing a company-wide review to reduce costs by more than $US5 billion.
The mining giant aims to reduce its operating and support costs by more than $US5 billion ($A4.81 billion) by the end of 2014 and will cut spending on exploration and evaluation projects by $US1 billion ($A961.95 million) over the remainder of 2012 and 2013.
Chief financial officer Guy Elliott said the miner, which was heavily focused on iron ore, would look at "every available opportunity" to reduce costs and improve productivity.
"We're going to have some difficult discussions with labour," Mr Elliott told an investors' briefing on Thursday.
Coal and aluminium would be the focus of cost cutting as the company considered shutting operations that "don't deliver cash flow".
"The escalation of costs that we've seen, well above the rate of inflation ... in particular in Australia, is going to have to stop," Mr Elliott told investors.
He said Rio's aluminium operations could record an impairment in the year ahead.
However, the company is yet to finish reviewing its aluminium and coal operations.
Mr Elliott said the company would recruit 900 fewer people over the next five years as further divestments occurred.
Chief executive Tom Albanese said the cost of production for coking coal and thermal coal had both risen steeply in recent years and both operations had suffered from declining labour productivity and higher contract costs.
"They're both in the same swamp," Mr Albanese said.
The overall cost-reduction program was being undertaken to roll back "unsustainable cost increases" of the past few years, he said.
He added that post Fukushima, thermal coal markets could be more robust in the medium term.
However, both coking coal and thermal coal needed to become more competitive.
The short-term economic outlook for Rio remained volatile, with major uncertainties about economic growth in the United States and Europe.
But the company said it was guardedly optimistic on China's prospects.
Recent data from China suggested early signs of an improvement in economic growth, and Rio expects this to continue in 2013, causing a slight rise in the growth rate to above eight per cent.
The company added that it had expanded capacity at its Pilbara iron ore operations from 230 million tonnes to 237 million tonnes through productivity improvements and holding down the costs of expansion.
Rio Tinto shares closed 48 cents higher at $57.18.

tysquare

http://www.abc.net.au/rural/wa/c ... htm?site=southcoast

Grange Resources says the start date of its Southdown magnetite project on WA's South Coast will be delayed, after it announced significant job and expenditure cuts.

The iron ore miner, which has long standing plans to open a mine near Albany, will cut staff levels on the project from 24 to six over the next five months.

Its expenditure on the project will be cut to two-point-five-million dollars in 2013.

The company cites market uncertainty, high development costs and the high Australian dollar as the reasons.

The managing director, Richard Mehan, says the company remains committed to the project, but won't have a mine running by 2015 as hoped.

"There's clearly a substantial process with the financing activities before you get to that so given that we're almost in 2013 that's clearly something that's not going to be achieved."

tysquare

UPDATE 12.40pm: Grange Resources has shelved its $2.9 billion Southdown magnetite project near Albany citing uncertain market conditions, high development costs and difficult financial markets.

The move, foreshadowed by WestBusiness last month, follows weeks of speculation about whether the project still stacked-up given the softer iron ore price environment.

Grange said today it would "significantly reduce expenditure" on its Southdown project and cut the project team working on it from 24 staff and contractors to six over the next five months.

"The majority of those, whose positions are to be made redundant under this restructure, will leave the project by the end of December," the company said in a statement.

Grange expected to spend just $2.5 million on the project next year.

However managing director Richard Mehan said the company would continue its search for an equity partner to take a strategic stake in the company's 70 per cent interest in the project.

"The project has achieved a number of significant milestones including completion of a definitive feasibility study, delineation to reserve status of a major ore body capable of producing extremely high grade concentrate, cost effective non process infrastructure solutions and all primary environmental approvals," he said.

"On this basis, the project is able to quickly move to the development phase when market and cost environments are more favourable.

"All tenements, permits and project assets will be maintained in good order until that time."

Grange had planned to develop an open-cut minesite 90km north east of Albany and produce a magnetite concentrate product which would be transported as a slurry by pipeline to the Albany port for export to overseas markets.

The operation was to produce 10 million tonnes of product a year for as long as 40 years and generate as many as 600 jobs.

Grange holds a 70 per cent stake in Southdown with the balance held by SRT, a Japanese joint venture between Sojitz and Kobe Steel.

Grange itself is majority (66 per cent) owned by China's Shagang International.

Grange shares were steady at 22.5 cents at 12.40pm.

ayuanx

原帖由 tysquare 于 30-11-2012 00:08 发表

                               
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今天bhp, rio相继宣布裁员，大力cut budget，并且south down项目也被grange resource给停掉了，西澳矿业现在真是哀鸿遍野啊。。。。

正常，这反应速度已经慢的可以了

西澳海豚

今年上旬就已经有徵象了，现在媒体才在反应？

有在看我的帖子的，上半年就已经警告过了吧？

tysquare

现在是更加具体的，比如grange resource的south down可是个大项目，这个不是rio的。

tysquare

能源行业也未能幸免AAP
Linc Energy has received a second strike from shareholders against its executive pay but has been spared a board spill.
At the company's annual general meeting on Thursday, more than 40 per cent of votes lodged by proxy went against Linc Energy's remuneration report for the year to June 30.
That follows a similar vote against remuneration in 2011.
Under new laws, companies that receive two consecutive votes of 25 per cent or more against remuneration reports can face a board spill, where some directors need to be re-elected to maintain their position.
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But Linc's shareholders voted against a board spill, with 72 per cent of votes against the move.
Australian Shareholders Association representative Bill Seymour said the second vote against Linc's pay reflected shareholder dissatisfaction.
"The legislation was to get board members to listen to what shareholders are telling them," he told the meeting.
"It appears you're not quite listening."
Linc chairman Ken Dark said the concerns would be addressed.
"We certainly take interest and consider the feedback we receive from shareholders," he told the meeting.
The company's executives were paid a total of $9.5 million in the 2011/12 financial year, up from $9 million in the previous year.
However, the company had 13 directors in 2011/12, up from 10 in 2010/11.
Managing director Peter Bond was paid more than $800,000 in 2011/12, up from about $640,000 in 2010/11.
Mr Bond holds about 40 per cent of Linc's shares, and is not eligible to vote on the remuneration report.
Based in Brisbane, Linc owns traditional oil and gas assets in the United States and Australia.


Read more: http://www.watoday.com.au/breaki ... .html#ixzz2DfAgnn9T

[ 本帖最后由 tysquare 于 30-11-2012 11:58 编辑 ]

tysquare

Research from consulting firm Booz & Company showed 23.5 per cent of CEOs of ASX 200 companies left their job last year, well above the global average of 14.2 per cent.
澳洲上市前200公司有23%的ceo去年离职了， sigh....
This is also a large increase from the 13 per cent CEO turnover recorded for Australian CEOs in 2010.

Booz & Company partner Varya Davidson said the survey showed that being an Australian CEO was now officially one of the highest-risk jobs available.

The jump in turnover was due to merger and acquisitions, with these departures accounting for 38 per cent of total departures, up from 15 per cent in 2010.

And while 42 per cent of all CEO departures were planned, one in five (21 per cent) left due to reasons of performance.

"The real surprise from this survey was the sharp jump in (merger and acquisition) related departures … despite the fact that the volume and value of deals in Australia was relatively stable from 2010 to 2011," Ms Davidson said.

The high turnover of company chiefs is also due to the high rate of CEO departures in the mining sector, Ms Davidson said.

Of the 59 CEO departure events in 2011, 23 were from mining and materials companies.

"But there were also high rates of departures from financial services and energy firms," she said.

The research also found the median tenure in the job for CEOs who departed in the years 2009-2011 was 4.4 years, down from a peak of 5.2 years in 2006-2008.

And while Australia has a higher than average preference for outsider CEOs (people appointed from outside the company), those people had a shorter median tenure than their insider counterparts (4.2 years compared with 5).

Outsider CEOs were also more likely to be forced out, but they delivered higher shareholder returns on average (12 per cent compared with 8 per cent).

Ms Davidson said the trend to appoint outsider CEOs was due to optimism after the GFC.

"With the worst of the downturn past, boards may now be inclined to appoint new CEOs more likely to bring fresh insights, different industry experience or even prior experience as a CEO to the role," she said.

tysquare

TOURISM Australia believes that Qantas' shock decision to cut funding for the tourism body's marketing campaigns will not stymie its ability to sell the country to the world.
A day after Tourism Australia's board declared its full support for chairman Geoff Dixon, the tourism body's managing director, Andrew McEvoy, said in a statement that he was ''confident that our future spend [on marketing] won't be compromised in any way'' by Qantas' decision.
Qantas has severed its ties with Tourism Australia because it believes Mr Dixon is in a position of ''untenable potential conflict''. It wants him to step down as chairman or disassociate himself from a rebel investor group agitating for a major change in direction at the airline. While Qantas is its largest tourism marketing partnership, Mr McEvoy said it represented just 6 per cent of Tourism Australia's total marketing effort.
''We'd like to reassure the industry that, given the number and scale of other commercial partnerships, Tourism Australia will continue to aggressively market Australia to overseas consumers,'' he said.
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Qantas has a $44 million joint marketing deal with Tourism Australia, while its budget offshoot Jetstar provides about $5 million for campaigns targeted primarily at Japanese tourists.
Tourism Australia also reiterated its support for Mr Dixon on Thursday despite the Qantas pressure.
The tourism body's deputy chair, Kate Lamont, said Mr Dixon had previously declared an interest in Qantas, and it was the ''board's view at the time, and remains the case, that this does not create an unmanageable conflict of interest''. Mr Dixon would ''continue to absent himself from all matters relating to the Qantas Group'', she said.
Tourism Minister Martin Ferguson has remained silent on the bitter feud between Qantas' chief executive, Alan Joyce, and Mr Dixon.
The minister appoints the chairman and the rest of Tourism Australia's board, but has left the matter in the hands of the tourism body's directors to resolve.
On Wednesday, Mr Joyce launched a stinging attack on the group he labelled ''Airline Partners Australia Mark II'', as he sought to put an end to their so-called destabilisation strategy.
The group, including Mr Dixon, the former Qantas executive Peter Gregg, Sydney money man Mark Carnegie and adman John Singleton, has been seeking support from large shareholders and unions for a change in strategic direction at the airline.


Read more: http://www.watoday.com.au/busine ... .html#ixzz2DfBUpscd

tysquare

Consumer confidence is up, and interest rates down since last year’s festive season, but this has done little to cheer up our major retailers ahead of the Christmas sales that will largely define their fortunes for the year.
This week, Harvey Norman founder Gerry Harvey, said he expected some rivals to collapse once the clearance sales were over in the new year and said the performance of his business was dependent on whether the warm weather held.
"If we have a really hot period and we sell a lot of air conditioners, then we'll definitely beat last year," he said. "If it's cold every day then we'll battle.’’
AMP Capital chief economist Shane Oliver said it looked like Christmas spending would be ‘‘okay, but still not great".
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‘‘Consumer confidence is up from its lows and interest rates are down, with hopefully the RBA likely to deliver another cut next week, but against this - job insecurity, wariness about excessive debt, and reduced levels of wealth - are continuing to keep consumers a bit cautious.’’
Rival department stores, David Jones and Myer are both in agreement on their prospects for Christmas, with sales expected to do little more than match last year’s efforts.
‘‘We have planned for a flat result given we’ve got deflation of around 2 per cent, we have to work hard to stay still is probably the best way to describe it,’’ David Jones chief executive Paul Zahra said last week.
"We are looking for Christmas to be at least flat, maybe better, and have bought stock on that basis and have done our planning on that basis," said his counterpart at Myer Bernie Brookes.
Both stores have upgraded their online presence recently and are wrestling with major global brands to reduce prices in order to combat the customer migration to cheaper rivals on the web.
Commonwealth Bank said that, based on the credit card data it collects from its customers, it was clear that Australian consumers had gravitated towards new overseas market entrants like Zara, La Senza GAP and Topshop as well as purely online players.
An eBay spokesperson, Sandy Culkoff, said the company was expecting double-digit growth from last year’s record performance. On one day alone, Sunday, December 11, last year, eBay reported that more than 1.8 million Australians visited its site and purchased more than 250,000 items.
Even a local success story such as Oroton, which gets more than 10 per cent of its sales online, was surprisingly cautious, with chief executive Sally Macdonald saying the company’s strong performance since mid-year was ‘‘not a meaningful indicator of the year ahead’’.
She said the company was ‘‘cautiously optimistic about the upcoming Christmas and Chinese New Year trading period’’.
A similar sentiment was expressed by Kathmandu, which also reported strong sales in the lead-up to Christmas, and JB Hi-Fi.
‘‘We haven’t given any guidance,’’ said JB Hi-Fi chief executive Terry Smart. ‘‘It’s way too early to tell, we’ve got the big 4-5 week trading period ahead of us’’.
But online, and foreign, rivals are not the only competition which has been draining spending away from local retailers.
Industry experts have pointed out that it is retail spending that has been weak, not the consumer, as shown by the amount of money being spent on overseas travel.
Research from investment bank Citi said an extra 1.1 million Australians travelling overseas over the last two years had acted as a drain on retail sales.


Read more: http://www.watoday.com.au/busine ... .html#ixzz2DfE1YmNi

tysquare

The Construction, Forestry, Mining and Energy Union (CFMEU) says it is concerned about recent cuts to permanent staff numbers at mines in Queensland's Bowen Basin.

The CFMEU says Anglo Coal has cut permanent jobs at two of its central Queensland operations.

There is also speculation permanent positions will also be cut from the Collinsville mine, north-east of Mackay, which is operated by Thiess.

A Thiess spokesman says while staff numbers are being reviewed at Collinsville, there are no current plans to cut staff numbers beyond natural attrition.

CFMEU spokesman Steve Smyth says it has been more than a decade since permanent staff were targeted as part of cost-cutting measures.

"In the late 1990s, early 2000s, we had some lay-offs," he said.

"In the GFC [global financial crisis], it was again labour-hire and contract workers that were laid off but permanent workers you'll have to go back to late 1990s and early 2000s.

"That's one of the things about mining being in cycles.

"We've had a lot of people come in when mining's been good and all of a sudden we're in a bit of a slowdown and they go, they all start worrying, but that is mining."

He says the industry needs to better managed.

"We expect the employer, when times do slow down, they should look after their employees, not just throw them on the scrap heap like they have been," he said.

"It's outrageous and our concern is now they'll just start running the line through those sorts of guys and ladies and we'll end up in a position where we have less people in permanent roles.

"The companies will want that flexibility of bringing in contractors and labour hire that they can just do what they like with them."

nlb

别活了都这么整。到底干啥能赚钱啊。

tysquare

Tasmanian union leaders are concerned construction workers will leave the state if there are no more big projects.

The Brighton Bypass was Tasmania's biggest road project but now it is completed, many workers are worried about securing their next job.

The construction union says it is crucial major building jobs get started to prevent an exodus of skilled workers.

The CFMEU's Noel Washington says it is frustrating, considering there are major projects in the pipeline, including Hobart's Parliament Square and other stages of the Royal Hobart Hospital redevelopment.

"A significant number of our members are looking for work interstate," he said.

"I'm concerned that there are a number of projects now on the drawing board that don't seem to be getting started.

"That's very frustrating...from our members point of view who are waiting to take jobs up.

"It's encouraging that there is work to happen but it would be nice if some of it could get started."

The Parliament Square project is set to begin within weeks, creating hundreds of construction jobs.

tysquare

还有3周就xmas<让大家都过个好年把，挨，经济何时复苏

tysquare

求圣诞节快点到来 啊

trisun

没有觉得

GXJIN

完了，我还没来，就已经注定失业了。。。

西澳电工

原帖由 GXJIN 于 30-11-2012 20:33 发表

                               
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完了，我还没来，就已经注定失业了。。。

还没来呢？？？
都吵吵快一年了吧。。。
赶紧来啊？
再不来，就更凉快了。。。

[ 本帖最后由 西澳电工 于 30-11-2012 22:04 编辑 ]

tysquare

原帖由 西澳电工 于 30-11-2012 22:02 发表

                               
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还没来呢？？？
都吵吵快一年了吧。。。
赶紧来啊？
再不来，就更凉快了。。。

哈哈。。。现在好冷呢。。。哈哈

eagerbeaver

我们公司做矿山机械的, 现在把所有的Contractors都裁了. 前一阵回国和大学同学聚聚. 很多在钢铁汽车行业的都大叹苦水. 一个在证券公司从事行业分析的同学说, 中国对铁矿石和其他原材料的需求没有3-5年根本起不来.

澳洲不找些其他支柱产业, 可以洗洗睡了.

sanhbin

哎，职业的不安定感，对我们这些新移民来说可能要很长时间才能熬过去，尤其是在这个后经济危机时代，大家的心情都是纠结的。

现状就是这样，不是我们能改变得了的，现在能做的就是找到点方法/途径让自己心里安定点。

希望有经验的同学多介绍一下心得体验。。。。。。

tysquare

感觉找个labor工比较靠谱，哈哈，不介意的童鞋可以尝试着，也不少挣钱哈。

antshuang

中国经济发展靠的是城镇化，矿产需求是长期的，大家看吧，6-8个月会有起色！