Good afternoon, Rio Tinto has flagged a review of its iron ore product mix as it grapples with approval delays that have forced it to export more lower grade material from the West Australian mines that provide the lion’s share of earnings. Big spending in Queensland and Victoria by Labor governments risks pushing back interest rate cuts by the Reserve Bank, and could trigger widespread household pain, a UBS veteran says. Paula Hitchcock has secured a partial victory against her half-siblings Anthony Pratt, Heloise Waislitz and Fiona Geminder as she vies for a slice of the family fortune. |