Weekend Press: Australia’s largest foreign investor, Chevron, says Australia has 2 years to set the right policies to significantly extend the mining boo.
Roy Krzywosinski, the local head of Chevron, said Australia had only a two-year window to get policy settings right or risk missing out to overseas rivals for up to $150 billion of pending LNG investment that could significantly prolong the boom
- Says urgent action is needed to tackle costs, productivity and industrial relations issues
- Being echoed by Cath Tanna, chairman of BG Group in Australia, and also on the board of the Reserve Bank of Australia
