APMDC Suliyari coal upcoming auction 3,000 MT for PAN- India MSMEs on 17th June 2025 @2533 per MT
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New UserEmployment sector to offset coal gains
21 Nov 2016
For those people expecting an improved budget bottom line as a result of the surge in coal prices in recent months, prepare to be disappointed when Treasurer Scott Morrison hands down his mid-year review in December.
Budget watcher and economist Chris Richardson says while coal spot prices have touched $US300 per tonne and may be good for the budget, 'much else isn't'.
Treasury had assumed a coking coal price of just $91 per tonne in the May budget.
'The good news on coal is only an offset to even worse news on wages,' the Deloitte Access Economics economist says in a new report released on Monday.
SOurce:SKyNews.com