CAPITAL MARKETS

Australia's image suffering: Rio

RIO Tinto chairman Jan du Plessis says the company’s perspective on Australia as an attractive investment destination has changed over the past couple of years as it becomes a more expensive place to operate due to the mining and carbon taxes, the high Australian dollar and rising costs.

Kristie Batten
Australia's image suffering: Rio

In response to a “meaty” question from a shareholder at the company’s annual general meeting in Brisbane today, du Plessis said he and other directors were regularly asked about Australia’s sovereign risk...

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