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Nats win as BHP dumps camp

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Might I suggest the Kurra Village win for the Nationals is a general population loss for the rest of Australia. Do they consider, given the depressed market for Iron Ore, BHPB will employ the same number of persons on a project that is going to cost them $500,000 plus per person in up front capital costs? Projected into the future the Iron Ore price is not expected to rise markedly so it is unlikely the project will ever reach its full potential. For the Nats, they see it as a win on principle, for WA it’s a loss of jobs, Iron Ore royalties and payroll tax at a minimum. For Australia it’s a loss of export revenue, taxation revenue and yet another demonstration to the industrial world how selfish we are to ourselves in Australia and yet again, if you are a minority, come to Australia and make demands, you will win.

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