According to The Australian Financial Review, an imminent return to boom-time employment levels in the Australian mining sector is likely to accelerate labour cost inflation that is already evident in the industry’s most active hubs in Western Australia and Queensland.
A landmark review of near-term investment intentions by the Australian Mines & Metals Association has identified $41 billion worth of projects that are likely to be installed across our mining nation over the five years to 2024.
As a result, AMMA anticipates that direct employment by the mining sector will grow by about 8 per cent – or more than 20,000 – between now and 2024.
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