GFC, tax hiccup fail to slow Oz momentum

摘要

Once again there is a promising outlook for Australia's coal producers, with Asia's seem-ingly insatiable appetite for both thermal and coking coal driving expansion of production and export capacityrnAs the country's com-modity forecaster makes clear (see separate story) the global fi-nancial crisis is almost a dis-tant memory, at least as far as the Australian resources sec-tor is concerned.rnThe recent threat to progress posed by the 40% Resource Super Profits Tax has largely vanished, albeit the ruling Labor Government was forced to replace its own Prime Minister to nullify the contentious issue ahead of the August federal election.