Good morning,

Australian nickel mining is in crisis and the outlook to the end of the decade looks dire, says columnist Eric Johnston, as BHP pulls the plug on its Nickel West operations, putting 3000 jobs on the line, in the hope of waiting out the metal's price storm.

Meanwhile, Olympic officials plan to launch a $100m investment fund by the end of the year to raise money for Aboriginal and Torres Strait Islander athletes, which will be managed by some of Australia’s best known fund managers.

And the gap between what our top bosses earn in comparison to Australia's typical worker has shrunk to its lowest level in a decade but there is a worry that free-flowing bonuses will cause CEO remuneration to rocket again.