Search
Rio says it will no longer offer discount payments to small business suppliers. Photo: Gabriel Oliveira

Rio scraps controversial payment scheme

Rio Tinto has scrapped a practice that allowed it to discount payments to small business suppliers, two weeks after the state government forced the Water Corporation to make a similar change.

Login

(existing subscribers)

The password field is case sensitive.
Request new password

Add your comment

Total Shareholder Return as at 31/10/16

1 year TSR5 year TSR
308thRio Tinto12%-1%
416thWestpac-2%13%
422ndTelstra-4%21%
533rdWoolworths-19%-1%
677 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Powered by Morningstar ®

Share Transactions

13/12/13
$0 Bought
13/12/13
$90k Sold
03/05/13
$1k Bought
Total value as at the date of the transaction
Powered by Morningstar ®

Revenue

1st↑Woolworths$61,149.4m
3rd↓Rio Tinto$49,225.3m
5th-Telstra$26,607.0m
6th↑Westpac$21,642.0m
77 listed non wa companies ranked by revenue.
Powered by Morningstar ®