DOCSLIB.ORG

Steelintouch

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Steelintouch Steel InTouch WA #7:Layout 1 14/3/07 10:31 AM Page 2 steelintouch News for Western Australian Customers ISSUE NUMBER 7 AUTUMN 2007 articles, log onto www.xlerplate.com.au and search our WELCOME archived editions. In this issue we feature our new XLERPLATE® steel Welcome to the first issue of XLERPLATE® Steel In campaign – called Backing the Aussie Spirit – which is Touch for 2007. themed around the Australian quest to be the best. The year ahead is already shaping up as an eventful See page 2 for details about this exciting new ® and exciting one, with many opportunities and XLERPLATE steel initiative. ® challenges facing our XLERPLATE® steel customers. The BlueScope XLERPLATE team and Steel In Touch We look forward to continuing our value-creating look forward to bringing you the latest news on relationship for 2007 and beyond. developments within our industry throughout 2007. XLERPLATE® Steel In Touch will bring you the latest steel industry news, information about projects happening in your state, updates on the economic environment and XLERPLATE® steel product news. Elly Pilkadaris If you’re interested in reading previous Steel In Touch State Sales Manager - Western Australia A 3D MODEL OF SUCCESS West Australian company PDC Consultants is Billiton and MPDJV (EPCM Contractor), and PDC The new crushing and screening facilities and successfully completing a major drafting and design Consultants’ 3D modelling processes – which can associated conveyors were fabricated and erected contract for the expansion of a BHP Billiton iron ore halve design and detailing costs. by the Monadelphous Group and are expected to be mine in the Pilbara region. “We aim to achieve zero rework during construction operational by the fourth quarter of 2007. The contract, commenced 18 months ago, is PDC with our 3D modelling technology, which combines PDC Consultants recently worked on drawings for Consultants’ biggest ever, involving up to 100 Navisworks Propriety with detailing software such the expansion of Rio Tinto’s iron ore wharf extension detailers at its busiest. as StruCad, Xsteel and Prosteel,” Mr Weir said. in Dampier, which was fabricated by AGC Industries ® More than 7000 tonnes of steelwork was detailed for “It uses 3D simulation to produce consistent steel Pty Ltd from 2400 tonnes of XLERPLATE steel and the BHP Billiton Rapid Growth Project 3 Area C Iron connections, eliminating mistakes in joints that can rolled steel sections. Ore Mine expansion, located about 120 kilometres cause disruptions and cost blow-outs during the In addition, PDC has detailed six car dumpers for north-west of Newman, which included new crushing fabrication and construction processes. AGC Industries Pty Ltd and United Group Ltd. and screening facilities and associated conveyors. “Clients can also resolve technical issues throughout The Metzo-designed car dumpers are complex General Manager Martyn Weir said he believed the process by reviewing intelligent 3D models.” structures weighing more than 300 tonnes each. some of the reasons the company won the contract Mr Weir said the greatest challenges of the Area C The car dumpers, which secure and invert fully stemmed from its strong relationship with BHP Iron Ore Mine expansion had been its large scale, laden iron ore rail wagons to add their contents to and managing the multiple sub-contractors who portside stockpiles, are manufactured from 350 undertook the shop detailing work. Grade XLERPLATE® steel in thicknesses ranging “Our services have included project management, from 16mm to 80mm. scheduling and planning, drawing production and Past projects have included Telfer Gold Mine for quality control,” he said. “Most people have been Newcrest Mining Ltd, Otway Gas Project for working on the 3D modelling process, detailing Woodside Petroleum, Woodside LNG V Project, and crusher and screening buildings, and 38 conveyors Geneesee Power Generating Station – Phase 3 for and associated transfer stations.” EPCOR in Canada. steelintouch 1 Steel InTouch WA #7:Layout 1 14/3/07 10:32 AM Page 3 News for Western Australian Customers www.xlerplate.com.au BACKING THE AUSSIE SPIRIT PKSW HOT STRIP XLERPLATE® steel has launched its “Backing The Aussie Spirit” Campaign. MILL EXPANSION The campaign promotes XLERPLATE® The $100 million expansion of the hot strip mill at steel’s quality, reliability, technical Port Kembla Steelworks has been officially opened backup and sales support associated by Wollongong’s Lord Mayor, Councillor Alex Darling. with using Australian-made steel, and Councillor Darling unveiled a plaque at the Number support for the local economy. 2 Walking Beam Reheat Furnace last December. The campaign follows on from its first The furnace is now fully operational, and can successful “‘Xlerate’ to XLERPLATE®” convert an additional 400,000 tonnes p.a. of slab campaign back in 2004. XLERPLATE® steel into hot rolled coil. distributors and end users will receive “The expansion has made the Steelworks much more five mail-outs in total over a period competitive,” BlueScope Steel’s President Australian of three months, each with a unique Images from Backing The Aussie Spirit campaign. and New Zealand Industrial Markets Noel Cornish Australian flavour. personal code that enables you to enter the said. “Slab which is a semi-finished product is now The first mail-out, sent in mid February, is competition to win great monthly prizes including transformed and value-added into hot rolled coil.” themed "Australian Made" and focuses on the tickets to the World Swimming Championships in benefits associated with Australian manufacture. Melbourne in March, or reserved tickets to the The second mail-out sent recently is themed second day of the Australia vs. India cricket test "Consistent Quality". The campaign draws upon in January 2008. imagery centred on sporting excellence and high Entering all five draws gives you the chance to win achievers such as champion swimmer Libby Lenton one of three grand prizes, including an overseas trip and the Australian cricket team. valued at $15,000 to one of the following events: “We’re associating great Aussie heroes – our • 2007 Rugby World Cup in the UK sportsmen and women – with the quality and • 2007 Twenty 20 Cricket World Cup in South Africa From left: BlueScope Steel’s Aimee Allen, pride behind the XLERPLATE® steel brand,” • 2007 FINA World Swimming Championships Noel Cornish, Antonio Lara and Cr Alex Darling. Stan Clark, National Sales Manager – Distribution in Singapore and Manufacturing, said. “XLERPLATE® steel is He said the expansion, completed on time and designed for many Australian applications and • Prix de L’Arc de Triomphe in Paris on budget, was a positive step for employees buying it means you’re supporting industry in your • 32nd America’s Cup event in Spain and the community. country. Like our heroes, it’s Australian-made.” We’ll bring you winners’ details in the next edition “It’s a real credit to the BlueScope Steel people Every mail-out contains a gift, and a unique of Steel In Touch. who managed the work, and to the contractors who carried it out,” Mr Cornish said. ENGINEERING ACTIVITY ON THE RISE By BlueScope Steel Economists Max Serrano, Nick Scavarelli and Amy Davidson Australian manufacturing infrastructure project is behind continues to face a number of Engineering Construction in Australia schedule and BHP Billiton’s challenges, including the high Value of Work Done (Constant A$Million, Fin Yrs) Ravensthorpe nickel project has 45,000 Australian dollar and increased suffered cost overruns. 40,000 competition from Asia. Without Mining plans for the future remain a competitive advantage in 35,000 strong, including a feasibility study manufacturing generally, growth in 30,000 that is currently underway on a the sector will be likely to remain $700 million planned development 25,000 modest for the foreseeable future. of the Wandoan coal mine. 20,000 There has been a strong lift in $Aud million Statistics from the Australian planned engineering activity in the 15,000 Bureau of Statistics indicate that last 12 months, especially in mining- 10,000 spending on mineral exploration has increased by nearly a third related investment, with high 5,000 commodity prices underpinning compared with this time last year. 0 planned expansions at many mine 90 91 92 93 94 95 96 97 98 99 00 01 02 03 04 05 06 Oil and gas investment is also sites. Although commodity prices Financial Years strong. The North West Shelf gas are expected to soften in coming fields and others in and around years, they are likely to remain fairly high in the the Dawson steaming coal deposit (valued at north Western Australia (such as the immediate future. Given that investment in water $1.2 billion) and Fortescue Metal Group’s iron ore Vincent and Stybarrow oil fields) continue to lead and power projects over the past 10 years appears mine (valued at $3.7 billion). spending in this sector. Costs on the recently started to have been inadequate to cope with future needs, This strong activity has produced some negative Angel gas field have already started climbing, and continued strong growth in spending in these consequences however. It has substantially driven are now expected to total $1.6 billion. areas is expected. up costs, especially because of skills shortages. Construction on the Thylacine and Geographe gas The latest Access Economic’s Investor Monitor Consequently, a number of major projects are project in Victoria’s Otway Basin is behind schedule indicates a number of huge projects have been being delayed, and cost blowouts are widespread. after cost upgrades throughout development of the driving the lift in mining activity. These include The construction of Fortescue’s iron ore and project. The final bill is expected to tip $1.1 billion. 2 steelintouch Steel InTouch WA #7:Layout 1 14/3/07 10:32 AM Page 4 News for Western Australian Customers SAFETY MESSAGE: REBAR CAPS MAY OFFER MCDOWALL AFFLECK SETS LITTLE PROTECTION NEW DESIGN RECORD West Australian engineering and design firm McDowall Affleck recently completed its largest-ever emissions stack project, this time for Woodside Energy Ltd’s LNG Phase V Expansion project.
Load more

Recommended publications
  • Schroder Australian Equity Fund Performance Overview
    2021 August Schroder Australian Equity Fund Performance overview The S&P / ASX 200 Accumulation Index rose by 2.5%, while the Schroder Wholesale Australian Equity Fund rose by 2.4% (post-fee), underperforming by 0.1% (post-fee) over August 2021. During the month, the Fund added value through stock selection; however, sector allocation proved costly for relative returns. The overweight positions in the Materials and underweight to Financials added value. Conversely, the underweight positions in the Information Technology, Health Care and Consumer Discretionary detracted from relative returns. At a stock level, overweight positions in Alumina, James Hardie, and Vicinity Centres added value. The Nil holdings in Fortescue Metals and Woodside Petroleum, along with the underweight position in BHP Group were also among the best performing stocks. Detracting from performance were the nil holdings in Afterpay, Wisetech Global, Domino’s Pizza and Aristocrat Leisure. The underweight position in CSL and the overweight Rio Tinto were also among the top detractors. Market Summary Only a cursory amount of common sense seems necessary in questioning the connection between a domestic economy which is largely locked down, a global economy still struggling mightily with a pandemic, and booming equity and real estate markets nearly everywhere. Rampant bull market conditions such as those prevailing currently often seem to render discussions on company profits and valuation superfluous. Perceptions of value become determined by the share price or the house price and are rationalised by comparisons to similar egregiously priced companies or houses. There are a thousand great charts around at present put together by sensible people demonstrating the extreme nature of current market conditions.
    [Show full text]
  • Socially Conscious Australian Equity Holdings
    Socially Conscious Australian Equity Holdings As at 30 June 2021 Country of Company domicile Weight COMMONWEALTH BANK OF AUSTRALIA AUSTRALIA 10.56% CSL LTD AUSTRALIA 8.46% AUST AND NZ BANKING GROUP AUSTRALIA 5.68% NATIONAL AUSTRALIA BANK LTD AUSTRALIA 5.32% WESTPAC BANKING CORP AUSTRALIA 5.08% TELSTRA CORP LTD AUSTRALIA 3.31% WOOLWORTHS GROUP LTD AUSTRALIA 2.93% FORTESCUE METALS GROUP LTD AUSTRALIA 2.80% TRANSURBAN GROUP AUSTRALIA 2.55% GOODMAN GROUP AUSTRALIA 2.34% WESFARMERS LTD AUSTRALIA 2.29% BRAMBLES LTD AUSTRALIA 1.85% COLES GROUP LTD AUSTRALIA 1.80% SUNCORP GROUP LTD AUSTRALIA 1.62% MACQUARIE GROUP LTD AUSTRALIA 1.54% JAMES HARDIE INDUSTRIES IRELAND 1.51% NEWCREST MINING LTD AUSTRALIA 1.45% SONIC HEALTHCARE LTD AUSTRALIA 1.44% MIRVAC GROUP AUSTRALIA 1.43% MAGELLAN FINANCIAL GROUP LTD AUSTRALIA 1.13% STOCKLAND AUSTRALIA 1.11% DEXUS AUSTRALIA 1.11% COMPUTERSHARE LTD AUSTRALIA 1.09% AMCOR PLC AUSTRALIA 1.02% ILUKA RESOURCES LTD AUSTRALIA 1.01% XERO LTD NEW ZEALAND 0.97% WISETECH GLOBAL LTD AUSTRALIA 0.92% SEEK LTD AUSTRALIA 0.88% SYDNEY AIRPORT AUSTRALIA 0.83% NINE ENTERTAINMENT CO HOLDINGS LIMITED AUSTRALIA 0.82% EAGERS AUTOMOTIVE LTD AUSTRALIA 0.82% RELIANCE WORLDWIDE CORP LTD UNITED STATES 0.80% SANDFIRE RESOURCES LTD AUSTRALIA 0.79% AFTERPAY LTD AUSTRALIA 0.79% CHARTER HALL GROUP AUSTRALIA 0.79% SCENTRE GROUP AUSTRALIA 0.79% ORORA LTD AUSTRALIA 0.75% ANSELL LTD AUSTRALIA 0.75% OZ MINERALS LTD AUSTRALIA 0.74% IGO LTD AUSTRALIA 0.71% GPT GROUP AUSTRALIA 0.69% Issued by Aware Super Pty Ltd (ABN 11 118 202 672, AFSL 293340) the trustee of Aware Super (ABN 53 226 460 365).
    [Show full text]
  • 17 Newcrest Sustainability Report
    2017 SUSTAINABILITY REPORT ‘SAFETY IS SOMETHING WE CAN NEVER BE COMPLACENT ABOUT AND OUR FOCUS WILL NOT WANE OVER THE COMING YEAR.’ SANDEEP BISWAS MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER MESSAGE FROM THE CHIEF CONTENTS 2 EXECUTIVE OFFICER WHO 4 WE ARE ABOUT THIS 28 REPORT 32 OUR Our People 32 PEOPLE ECONOMIC 50 PERFORMANCE SOCIAL 58 PERFORMANCE 50 ENVIRONMENTAL Economic 74 STEWARDSHIP Performance DATA 86 TABLES ASSURANCE 102 STATEMENT CORPORATE 105 DIRECTORY 58 Social Performance 74 Environmental Stewardship ON THE COVER Local indigenous Newcrest-MacMahon’s alliance employees, Jackson Ware and Florence Alfred, at Telfer operation in Western Australia. MESSAGE FROM THE CHIEF EXECUTIVE OFFICER ur commitment to achieving our vision is evident in the genuine Newcrest’s vision is to be the progress our people have achieved over the last three years; through improving safety and addressing major hazards, Miner of Choice. in implementing Edge, improving operational performance, Oand populating our growth pipeline. We have made significant headway on aligning our workforce with our priorities and in engaging We aim to achieve our vision with our stakeholders. by applying sustainable During the year, Newcrest applied for and successfully attained membership with the International Council on Mining and Metals practices across all aspects (ICMM). The ICMM brings together the world’s leading mining and metals companies and associations to address core sustainable development of our business. opportunities and challenges faced by the industry. Our admission is testament to the strong sustainability foundation we have built. Our progress in our safety performance is testament to our people and their firm commitment to safety for themselves, their families and their colleagues.
    [Show full text]
  • Westpac Online Investment Loan Acceptable Securities List - Effective 3 September2021
    Westpac Online Investment Loan Acceptable Securities List - Effective 3 September2021 ASX listed securities ASX Code Security Name LVR ASX Code Security Name LVR A2M The a2 Milk Company Limited 50% CIN Carlton Investments Limited 60% ABC Adelaide Brighton Limited 60% CIP Centuria Industrial REIT 50% ABP Abacus Property Group 60% CKF Collins Foods Limited 50% ADI APN Industria REIT 40% CL1 Class Limited 45% AEF Australian Ethical Investment Limited 40% CLW Charter Hall Long Wale Reit 60% AFG Australian Finance Group Limited 40% CMW Cromwell Group 60% AFI Australian Foundation Investment Co. Ltd 75% CNI Centuria Capital Group 50% AGG AngloGold Ashanti Limited 50% CNU Chorus Limited 60% AGL AGL Energy Limited 75% COF Centuria Office REIT 50% AIA Auckland International Airport Limited 60% COH Cochlear Limited 65% ALD Ampol Limited 70% COL Coles Group Limited 75% ALI Argo Global Listed Infrastructure Limited 60% CPU Computershare Limited 70% ALL Aristocrat Leisure Limited 60% CQE Charter Hall Education Trust 50% ALQ Als Limited 65% CQR Charter Hall Retail Reit 60% ALU Altium Limited 50% CSL CSL Limited 75% ALX Atlas Arteria 60% CSR CSR Limited 60% AMC Amcor Limited 75% CTD Corporate Travel Management Limited ** 40% AMH Amcil Limited 50% CUV Clinuvel Pharmaceuticals Limited 40% AMI Aurelia Metals Limited 35% CWN Crown Limited 60% AMP AMP Limited 60% CWNHB Crown Resorts Ltd Subordinated Notes II 60% AMPPA AMP Limited Cap Note Deferred Settlement 60% CWP Cedar Woods Properties Limited 45% AMPPB AMP Limited Capital Notes 2 60% CWY Cleanaway Waste
    [Show full text]
  • Steel Intouch WA #8:Layout 1 1/6/07 10:53 AM Page 2 Steelintouch
    Steel InTouch WA #8:Layout 1 1/6/07 10:53 AM Page 2 steelintouch News for Western Australian Customers ISSUE NUMBER 8 WINTER 2007 with BlueScope Steel 24 hours a day, seven days a week. WELCOME See page 2 for details. We include a ‘Tech Talk’ section addressing technical queries relating to XLERPLATE® steel. Welcome to the Winter edition of XLERPLATE® As always, we welcome your feedback and on behalf Steel In Touch. of the BlueScope XLERPLATE® steel team, thank you for In this issue we bring you the latest news on your continued support. Happy reading! developments in the industry, XLERPLATE® steel product updates, and announce some of our monthly prize winners in the ‘Backing the Aussie Spirit’ campaign. We also introduce you to the advantages of using our online business portal, Bluescopesteelconnect.com™ which provides instant access to 12 months’ data history, Elly Pilkadaris allowing you to cost-effectively and efficiently transact State Sales Manager - Western Australia GOLDEN OPPORTUNITY FOR WA MINING EQUIPMENT FABRICATOR Riding the wave of the rolled structural steel sections to hold the mining and resources componentry in place and provide workers boom, Western Australia’s with access to it,” JV Engineering’s JV Engineering has landed Director Peter Robbins says. a major contract for the JV Engineering began fabrication work at $1.8 billion Boddington its Welshpool workshop in July 2006, and Gold Mine (BGM) is expected to finish the job in early 2008. Expansion Project. BGM is expected to start production later The BGM project involves that year. building a new processing “The greatest challenge we face with large plant to retrieve gold and contracts like this is meeting the delivery copper ore from deadline,” Mr Robbins says.
    [Show full text]
  • ANNUAL REPORT 2019 OUR PURPOSE WHO WE ARE Our Purpose Is to Make a South32 Is a Globally Diversified Mining and Metals Company
    6 September 2019 South32 Limited (Incorporated in Australia under the Corporations Act 2001 (Cth)) (ACN 093 732 597) ASX / LSE / JSE Share Code: S32 ADR: SOUHY ISIN: AU000000S320 south32.net 2019 ANNUAL REPORT South32 Limited (ASX, LSE, JSE: S32; ADR: SOUHY) (South32) today releases its 2019 Annual Report, Corporate Governance Statement and Appendix 4G. These documents are also available online at https://www.south32.net/investors-media/annual-report-suite. The Notice of Annual General Meeting will be dispatched by no later than 25 September 2019. A hard copy of the Annual Report will also be dispatched on the same day to those shareholders who have requested one. Yours sincerely Nicole Duncan Company Secretary About South32 South32 is a globally diversified mining and metals company. We produce bauxite, alumina, aluminium, energy and metallurgical coal, manganese, nickel, silver, lead and zinc at our operations in Australia, Southern Africa and South America. We are also the owner of a high grade zinc, lead and silver development option in North America and have several partnerships with junior explorers with a focus on base metals. Our purpose is to make a difference by developing natural resources, improving people’s lives now and for generations to come, and to be trusted by our owners and partners to realise the potential of their resources. Further Information Investor Relations Alex Volante Tom Gallop T +61 8 9324 9029 T +61 8 9324 9030 M +61 403 328 408 M +61 439 353 948 E [email protected] E [email protected] Media Relations James Clothier Jenny White T +61 8 9324 9697 T +44 20 7798 1773 M +61 413 391 031 M +44 7900 046 758 E [email protected] E [email protected] Further information on South32 can be found at www.south32.net.
    [Show full text]
  • 201005 Newcrest Annual Report
    2020 Annual Report We are well positioned to deliver on our near-term growth options of Havieron, Red Chris and Wafi-Golpu. Sandeep Biswas, Managing Director and Chief Executive Officer OUR VISION To be the Miner of ChoiceTM for our people, shareholders, host communities, partners and suppliers. LIHIR, PAPUA NEW GUINEA NEWCREST 2020 ANNUAL REPORT 1 OUR COMPANY OUR MISSION Asset Overview 04 Key Achievements for FY20 06 To safely deliver Chairman’s Report 08 superior returns to our Managing Director’s Review 10 stakeholders from finding, Safety & Sustainability 12 developing and operating People 14 gold/copper mines. Organic Growth Opportunities 16 Newcrest’s Value Proposition 18 The Board 20 Mineral Resources and Ore Reserves 24 Directors’ Report 34 Corporate Directory 184 2 FORGING A STRONGER NEWCREST Forging a Stronger Newcrest Our clear focus remains on eliminating The health and safety of fatalities and life-changing injuries from our business, while striving to make continual progress on reducing all injuries our people is of primary and health impacts. importance at Newcrest. We believe that a strong and enduring commitment to the health and safety of our workforce best reflects our values and underpins and sustains optimal business performance. To achieve Newcrest’s full potential for our stakeholders, our company strategy focuses on five key pillars, each with associated aspirations which were set in February 2016. Safety & People Operating Technology Profitable sustainability performance & innovation growth Our aspirations Zero
    [Show full text]
  • (ASX100) Women on Boards Analysis
    Australia/NZ | Australia Thematic Investing (Citi) Equities 18 August 2011 │ 32 pages ESG: ASX100 Women on Board Analysis Increasing Focus on Board Diversity Women on Boards of ASX100 Companies — The ASX Corporate Governance Council’s new principles and recommendations on diversity commenced on 1 January Elaine Prior 2011. This is likely to lead to increasing focus on companies’ approaches to diversity +61-2-8225-4891 issues, including female representation on company boards. This report looks at data [email protected] on women directors on ASX100 company boards. The number of women directors has Felipe Faria increased, particularly in recent months (Figure 5 to Figure 8). Board diversity may [email protected] enhance effectiveness, by providing a wider range of perspectives and knowledge. Women on Boards Data — We collected and analysed data on female board directors of S&P/ASX100 companies from FY08 to 8 August 2011 (Figure 5 to Figure 9). At 8 August 2011 there were 134 women on ASX100 boards, a 46% increase from FY08. ASX100 companies with no female board directors were AQP, CQO, EGP, FMG, IPL, JHX, LEI, LYC, OSH, PDN, PRY, RHC, RMD, SGM and SWM. Companies with three female directors (the highest number identified) are AMP, BEN, CBA, MQG, QAN, QBE and WBC. Seven female directors each currently hold three ASX100 directorships. Business Case for Gender Diversity — Reibey Institute research found that those ASX500 companies with women directors on 30 June 2010 had a 3-year return on equity (ROE) 10.7% higher than those without any women directors. The 5-year ROE was 11.1% higher.
    [Show full text]
  • Big Business in Twentieth-Century Australia
    CENTRE FOR ECONOMIC HISTORY THE AUSTRALIAN NATIONAL UNIVERSITY SOURCE PAPER SERIES BIG BUSINESS IN TWENTIETH-CENTURY AUSTRALIA DAVID MERRETT UNIVERSITY OF MELBOURNE SIMON VILLE UNIVERSITY OF WOLLONGONG SOURCE PAPER NO. 21 APRIL 2016 THE AUSTRALIAN NATIONAL UNIVERSITY ACTON ACT 0200 AUSTRALIA T 61 2 6125 3590 F 61 2 6125 5124 E [email protected] https://www.rse.anu.edu.au/research/centres-projects/centre-for-economic-history/ Big Business in Twentieth-Century Australia David Merrett and Simon Ville Business history has for the most part been dominated by the study of large firms. Household names, often with preserved archives, have had their company stories written by academics, journalists, and former senior employees. Broader national studies have analysed the role that big business has played in a country’s economic development. While sometimes this work has alleged oppressive anti-competitive behaviour, much has been written from a more positive perspective. Business historians, influenced by the pioneering work of Alfred Chandler, have implicated the ‘visible hand’ of large scale enterprise in national economic development particularly through their competitive strategies and modernised governance structures, which have facilitated innovation, the integration of national markets, and the growth of professional bureaucracies. While our understanding of the role of big business has been enriched by an aggregation of case studies, some writers have sought to study its impact through economy-wide lenses. This has typically involved constructing sets of the largest 100 or 200 companies at periodic benchmark years through the twentieth century, and then analysing their characteristics – such as their size, industrial location, growth strategies, and market share - and how they changed over time.
    [Show full text]
  • Business Leadership: the Catalyst for Accelerating Change
    BUSINESS LEADERSHIP: THE CATALYST FOR ACCELERATING CHANGE Follow us on twitter @30pctAustralia OUR OBJECTIVE is to achieve 30% of ASX 200 seats held by women by end 2018. Gender balance on boards does achieve better outcomes. GREATER DIVERSITY ON BOARDS IS VITAL TO THE GOOD GOVERNANCE OF AUSTRALIAN BUSINESSES. FROM THE PERSPECTIVE OF PERFORMANCE AS WELL AS EQUITY THE CASE IS CLEAR. AUSTRALIA HAS MORE THAN ENOUGH CAPABLE WOMEN TO EXCEED THE 30% TARGET. IF YOUR BOARD IS NOT INVESTING IN THE CAPABILITY THAT DIVERSITY BRINGS, IT’S NOW A MARKED DEPARTURE FROM THE WHAT THE INVESTOR AND BROADER COMMUNITY EXPECT. Angus Armour FAICD, Managing Director & Chief Executive Officer, Australian Institute of Company Directors BY BRINGING TOGETHER INFLUENTIAL COMPANY CHAIRS, DIRECTORS, INVESTORS, HEAD HUNTERS AND CEOs, WE WANT TO DRIVE A BUSINESS-LED APPROACH TO INCREASING GENDER BALANCE THAT CHANGES THE WAY “COMPANIES APPROACH DIVERSITY ISSUES. Patricia Cross, Australian Chair 30% Club WHO WE ARE LEADERS LEADING BY EXAMPLE We are a group of chairs, directors and business leaders taking action to increase gender diversity on Australian boards. The Australian chapter launched in May 2015 with a goal of achieving 30% women on ASX 200 boards by the end of 2018. AUSTRALIAN 30% CLUB MEMBERS Andrew Forrest Fortescue Metals Douglas McTaggart Spark Group Ltd Infrastructure Trust Samuel Weiss Altium Ltd Kenneth MacKenzie BHP Billiton Ltd John Mulcahy Mirvac Ltd Stephen Johns Brambles Ltd Mark Johnson G8 Education Ltd John Shine CSL Ltd Paul Brasher Incitec Pivot
    [Show full text]
  • Sydney Airport Corporation
    SYDNEY AIRPORT CORPORATION KEY data KEY CREDIT METRICS FINANCIAL YEAR END 31 DEC CREDIT RATING BBB/Baa2/BBB (S&P/Moody’s/Fitch) BLOOMBERG TICKER SYD AAU BOND PROTECTION ASX CODE SYD GEARING COVENANT Y (ND/EV<75%) KEY FINANCIALS HY12 FY11 FY10 Leverage ratio N REVENUES (A$M) 504 973 943 INTEREST COVER RATIO Y (>1.1x) EBITDA (A$M) 411 790 773 CHANGE OF CONTROL Y NET PROFIT (A$M)1 93 161 150 COUPON STEP-UP N NET PROFIT (A$M) (48.0) (121) (131.4) NET SENIOR DEBT/EBITDA (X) 7.32 6.6 6.5 (1) Excluding shareholder-related RPS finance costs. instruments and bank debt for its debt funding. It has on issue (2) Change in net senior debt/EBITDA is due to redemption of SKIES being the subordinated debt listed in the ASX in January 2012. Australian credit-wrapped and unwrapped MTNs, Australian credit-wrapped capital-indexed bonds, US 144A/Reg S secured About Sydney Airport notes and Canadian Maple market secured notes. ydney Airport is Australia’s busiest airport and At June 30 2012 SCACH Group had net debt of handles on average 98,000 passengers each day. A$6.02 billion. The average maturity of outstanding debt is Sydney Airport is the gateway to Sydney, which approximately eight years. The company has no further term is Australia’s largest city, most popular tourist debt maturities until Q4 2012. destination and financial capital. A total of 42% of The SCACH Group is continuing to diversify its debt SAustralia’s arriving and departing international passengers and portfolio and will be continuing to look at opportunities in 22% of all domestic and regional passengers fly through the the international capital markets in addition to bank debt and airport.
    [Show full text]
  • A Modern Mining Company a Modern Mining Company
    ANNUAL REPORT 2013 OZ MINERALS LIMITED ABN 40 005 482 824 A MODERN MINING COMPANY A MODERN MINING COMPANY 2 2013 Snapshot 3 Chairman and CEO’s Review 4 Prominent Hill 6 Carrapateena 7 Sustainability 8 Resources and Reserves 12 Corporate Governance Statement 19 Results for Announcement to the Market 20 Directors’ Report 28 Operating and Financial Review 47 Remuneration Overview and Report 68 Consolidated Financial Statements 123 Shareholder Information IBC Contact Details/Annual General Meeting OZ Minerals is an Australian based modern mining company with a focus on copper. OZ Minerals owns the Prominent Hill copper-gold mine and Carrapateena copper-gold project, both situated in South Australia. OZ Minerals’ strategy is based on delivering superior shareholder returns built upon a foundation of Governance and Zero Harm, with the following five key elements: a focus on copper, maximising current assets, building a project pipeline, investing in exploration and exercising disciplined capital management. With an experienced team, a strong balance sheet and quality assets, OZ Minerals is well positioned for the future. 1 2013 SNAPSHOT › Prominent Hill production of 73,362 tonnes of copper and 128,045 ounces of gold. › 2014 production guidance of 75,000 to 80,000 tonnes of copper and 130,000 to 140,000 ounces of gold. Production outlook guidance announced until 2018. › Successful first full year of production from the Ankata Underground mine, with 1.2 million tonnes of ore mined. › Strong cash balance of $364 million at 31 December 2013 with undrawn debt facilities of US$200 million. › Board approval to proceed with the development of the Malu Underground mine, with first ore expected in late 2014, extending Prominent Hill mine life.
    [Show full text]