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News Wrap

IN THIS morning’s <i>News Wrap:</i> Tenement parking costs governments millions in lost rent; mining unis swell with new enrolments; carbon tax to squeeze Rio’s margins; Chile attractive to Aussie juniors; corporate watchdog comes down hard on Leighton; big miners not exempt from new Indonesian rules; and Marubeni ready to take share of Roy Hill.

Lau Caruana

Tenement parking costs governments millions in lost rent Fortescue Metals is the main culprit of an industry-wide practice known as “tenement parking”, whereby companies abuse bottlenecks in the state...

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