More cash needed to grease the wheels of industry

THE Australian mining sector – along with the rest of the nation’s economy – might be pedalling really hard at the moment but it is only just standing still.

More cash needed to grease the wheels of industry More cash needed to grease the wheels of industry More cash needed to grease the wheels of industry More cash needed to grease the wheels of industry More cash needed to grease the wheels of industry

Australian miners are working hard but just standing still.

Over recent years, most capital expenditure has been on plant and machinery, which includes spending on sustaining capital, compared to expenditure on new projects, according to the Minerals Council's