Neotectonics in Australia. Abstract The cratons of the world that are located at a distance from plate boundaries are considered to be stable tectonically, but in real sense, they are subjected to regular disturbance that are less persistence and also of lesser magnitude than those that lies near plate boundaries, Nonetheless their manifestation can be seen in landscape. Neotectonics are post Miocene tectonic deformation on the earth surface. Its evidence takes expression in form of recent…
23 IBIS World ‘B0801 Iron Ore Mining in Australia industry report’, May 2013, page 18. 24 Ibid page 10. 25 Ibid page 9. 17 4 iron ore falls, FMG must increase production to maintain profitability (as in 2012);26 however workforce shortages may provide an obstacle to increasing production capacity. (e) Minerals Resource Rent Tax (MRRT) – An additional tax expense will decrease FMG’s profits. Deloitte notes that ‘the combined effect of the mineral resources rent tax (MRRT) and…