MANAGEMENT

RIN reckons return to 30-day terms needed

A REPORT shows a return to standard 30-day payment terms in the industry supply chain could mean hundreds of new jobs, a $150 million increase in wages and a $250 million boost in Gross Regional Product over the next five years.

Resource Industry Network general manager Adrienne Rourke, former rugby league player Joe Williams and North Queensland Bulk Ports general manager Dr Rochelle Macdonald

Resource Industry Network general manager Adrienne Rourke, former rugby league player Joe Williams and North Queensland Bulk Ports general manager Dr Rochelle Macdonald

The report Economic Analysis of Impacts of Extended Payment Terms, commissioned by the Resource Industry Network, found the mining supply chain and the regions would miss out on new jobs and other significant...

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