Kerry Stokes probably doesn’t need an extra $500 million, but if anybody else wants to triple their money it might be time to join him on the share register of Iron Ore Holdings (IOH).
The outcome of last week’s jobs forum in Canberra was sensible, incremental reform, but don’t expect the policy change to have a big impact on local industry.
Softening global commodity demand is this month’s worry. Next month there will be “seven billion reminders” as to why the resource boom will run for decades.