High Expectations For Rio Tinto Cash Flow
This story features RIO TINTO LIMITED. For more info SHARE ANALYSIS: RIO
Record iron ore prices mean strong cash flow and dividends are anticipated from Rio Tinto, outweighing a difficult quarterly production outcome
-Soft production aside, market remains focused on spot iron ore prices
-Mined copper and bauxite production expected at the low end of 2021 guidance
-Any lengthy risks to operations could be of concern when high prices subside
By Eva Brocklehurst
As iron ore prices tower at record highs the greatest risk for Rio Tinto ((RIO)) will come when they fall, although prices are expected to stand the company in good stead in the second half of 2021 and into 2022.
Australian Treasurer: National Interest Over Trade With China
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There has been a distinct shift in the scope and breadth of investigations by global competition regulators, as well as an uptick in the number of antitrust related litigations. With an administration change in the US and political shifts in other jurisdictions, the increased focus on regulatory enforcement of competition and antitrust laws, rapidly changing policies, and the growing collaboration of regulatory agencies, the rise of collective actions or mass competition claims is expected to continue throughout 2021. Not only are enforcement agencies considering the business and economic impact of mergers, recent developments suggest they are also assessing the role of competition law in advancing goals relating to labor, environmental and sustainability agreements, and other social and governance issues.
Melbourne s Queen Victoria Market. Source: Unsplash/Linda Xu
Australia’s economy will limp along after recovering from the pandemic, failing to regain the growth it had either in the years leading up to the crisis or the much higher growth in the decades before.
That’s the consensus of the 23 leading Australian economists assembled to take part in The Conversation’s July 1 forecasting survey a panel that includes former Treasury, Reserve Bank and International Monetary Fund officials and modellers, as well as policy specialists from 13 Australian universities.
On balance, the panel expects year-average economic growth (the measure reported in the budget) to slide from 4% this financial year to just 2.2% by 2024-25, well below the average of 2.6% assumed in this week’s intergenerational report.
Economy will be weak and in need of support after pandemic, top economists say
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Thursday, July 1, 2021 3:59 AM UTC
Australia’s economy will limp along after recovering from the pandemic, failing to regain the growth it had either in the years leading up to the crisis or the much higher growth in the decades before.
That’s the consensus of the 23 leading Australian economists assembled to take part in The Conversation’s July 1 forecasting survey a panel that includes former Treasury, Reserve Bank and International Monetary Fund officials and modellers and policy specialists from 13 Australian universities.
On balance, the panel expects year-average economic growth (the measure reported in the budget) to slide from 4% this financial year to just 2.2% by 2024-25, well below the average of 2.6% assumed in this week’s intergenerational report.
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