Australia s iron ore exports to China are expected to crash in coming years - and it has nothing to do with the trade war.
The commodity used to make steel is by far Australia s biggest export with $12.5billion worth of the material sold overseas in December alone, as monthly sales to China rose 21 per cent.
Iron ore prices have also more than doubled since April last year, as China bought substantially more from Western Australia s Pilbara region to drive its Covid recovery.
Despite that, Oxford Economics is forecasting a sharp drop in iron ore exports from later this year as China seeks to make more steel from scrap metal for environmental reasons.
Australian author, academic and child sexual abuse survivor Gemma Carey. Photograph: Allen & Unwin
When I was growing up in the 1990s and early 2000s, we didn’t have the word “grooming” to describe what sexual predators do to capture their young victims. We have the word now but as our 2021 Australian of the Year, Grace Tame, said yesterday, grooming and its impact are still not widely understood.
In late 2020 my memoir on child sexual grooming, No Matter Our Wreckage
, was released. Yes, I am a survivor of child sexual grooming and abuse. I’m also a professor, an author, a friend and a colleague. Survivors like me are all around you, but we’ve learned that people don’t want to hear our stories. We learned it when people changed the subject. We learned it when people dismissed or minimised our experience of abuse. We learned it when people told us we brought it on ourselves. And so, we keep silent.
Google’s Advertising Dominance Now in the Crosshairs of Australian Regulators
Google’s dominance of the multibillion-dollar online advertising space is now under scrutiny by Australia’s competition watchdog, opening a new front in its battle to regulate the tech giant.
The Australian Competition Consumer Commission’s (ACCC) released the report (pdf) amid an ongoing effort to implement the News Media Bargaining Code, which will compel Google and Facebook to pay news media companies for displaying their content.
The ACCC interim report estimates that Google controls 50 to 100 percent of the supply chains (depending on the service) that underpins the AU$3.4 billion digital advertising (excluding classifieds and search) market in the country.
In a previous article, I made the case for Australia developing and launching its own interplanetary mission a probe to the moon, or to Mars or other locations in the inner solar system that exploited commercial small-satellite technologies and low-cost sovereign space launch facilities. Such a step would raise Australia’s international profile as a new space power and in turn provide opportunities for our growing commercial space sector to secure investment from domestic and overseas partners.
So, it’s very welcome news that a consortium of companies in South Australia, led by small-satellite developer Fleet Space Technologies, is preparing for a series of missions to the moon as well as planning for future missions to Mars.
Image: Chris Duckett/ZDNet
In 1836, the Scottish geologist, chemist, and agricultural improver Sir George Stewart Mackenzie was concerned about what he called the recent atrocities of violent crime in the British penal colony of New South Wales, Australia.
The root cause, he thought, was a failure to manage which criminals were transported to work in the colony especially the two-thirds of convicts who worked for private masters. At present they are shipped off, and distributed to the settlers, without the least regard to their characters or history, Mackenzie wrote in a representation [PDF] to Britain s Secretary for the Colonies, Lord Glenelg.