Posts by Business Spectator:

WA labour crunch puts mine growth at risk

LONDON - Chronic labour shortages in Western Australia could put mining projects at risk, as the state struggles to plug a shortfall of skilled workers set to balloon to 150,000 by 2017, the region's jobs minister said. "I genuinely think that if you do

Gambling on investment in a risky climate

It?s now Carbon Monday and I want to add to my Carbon Sunday comment and to strip away the oceans of verbiage and concentrate on what appear to be four critical business strategic policy issues and assumptions. ? Julia Gillard assumes that China?s

Gold steady ahead of US job data

Spot gold edged lower in thin trade on Friday, ahead of a key US employment report that is expected to show improvement in the labour market and boost optimism on prospects for the world's largest economy.

Staring into a skills abyss

The controversial 457 visa is back in vogue, with Australia?s most popular temporary skilled migrant category witnessing a dramatic rebound in successful applications in the 11 months to May this year. A closer look at the statistics, however, reveals a

Gold stocks to outsparkle gold in post-QE2 world

Gold's performance has eclipsed that of gold mining stocks this year, but gold equities now are likely to take the upper hand as the flow of cheap US cash slows and miners boast juicy margins and good growth prospects. Gold's status as a quasi-currency and safe haven has helped pushed the price of the metal up about 20 per cent since the start of the year to above $US1,520 an ounce, making it one of the top performing asset classes of 2011.

GE to build major education centre in Perth

Giant US company General Electric has announced plans for an $80 million technology and education centre at Perth's Jandakot airport.

Its global chairman and CEO Jeff Immelt made the announcement in Perth on Wednesday with federal Tertiary Education, Skills, Jobs Minister Chris Evans.

Mr Immelt said the new facility would be a multi-purpose GE training, service and technology centre able to be expanded further in future.

It would help provide skills and training to support growth in Australia's oil and gas, energy, mining, transportation and water industries.