BHP Billiton has responded to its mammoth interim loss and the prospect of a prolonged downturn by slashing its dividend and adopting a new management structure that leaves Western Australia without a representative in the company's leadership group.
The tougher business climate has prompted some WA companies to cut executive salaries, but most have held the line and some have even awarded pay rises.
BHP Billiton's new boss Andrew Mackenzie has shaken up the global miner's leadership group, with petroleum boss Michael Yeager leaving the company but Perth-based iron ore president Jimmy Wilson an
BHP Billiton's new boss Andrew Mackenzie has shaken up the global miner's leadership group, with petroleum boss Michael Yeager leaving the company but Perth-based iron ore president Jimmy Wilson an
