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Many businesses and sole operators want to keep a bit more of their income. Photo: Stockphoto

Cashie maintains lucrative allure

The federal government’s new-found interest in the cash economy has energised the outrage industry over the number of small businesses that avoid the long reach of the Australian Taxation Office.

My favourite suggestion from this febrile series of exchanges was for the introduction of a new tax on cash transactions, although clearer heads have suggested such a move would in all likelihood reignite a barter economy.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

BN30 Index

Index = 100 as of 4 Jan 2016
Source: Morningstar

Total Shareholder Return as at 31/10/17

1 year TSR5 year TSR
167thMineral Resources57%20%
218thSouth3237%0%
242ndAtlas Iron31%-58%
345thWoodside Petroleum13%3%
473rdFortescue Metals Group-9%7%
726 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

10/11/17
$0 Bought
03/10/17
$9k Issued
29/09/17
$0 Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

1st-Fortescue Metals Group$10,999.7m
2nd↑South32$9,392.9m
3rd-Woodside Petroleum$5,715.9m
4th-Mineral Resources$1,470.4m
5th↑Atlas Iron$896.6m
491 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Fortescue Metals Group

3rdNev Power$5.324m
640thMark Barnaba$223k
756thSharon Warburton$170k
Ranked by total remuneration from all listed WA companies

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