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ETS uncertainty forces FPC cuts

The pending outcome of the federal government's carbon pollution reduction scheme has created uncertainty for the Forest Products Commission of WA, which has had to cut staff numbers as part of a restructure to reflect the changing economy.

The impact of the Varanus Island gas explosion, losses in softwood plantations from wildfires, the global financial crisis and no allocations under the Natural Resource Management budget had prompted the FPC to review its structure.

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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 31/08/17

1 year TSR5 year TSR
220thFortescue Metals Group30%15%
717 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

23/08/17
$510k Bought
20/04/17
$52k Bought
03/11/16
$6.9m Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

th-Fortescue Metals Group$10,999.7m
491 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Fortescue Metals Group

4thNev Power$5.324m
662ndMark Barnaba$223k
780thSharon Warburton$170k
Ranked by total remuneration from all listed WA companies

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