A tidal wave of wealth
"Australia's top executives have seen their collective wealth swell by almost three-quarters — or about $15 billion — over the past year, easily outstripping gains by ordinary investors.
"The total wealth of Australia's top 200 business chieftains ballooned to $35 billion in 2010, up from $20.3 billion in 2009, according to the BRW 2010 Executive Rich List ...
"The combined wealth of Australian executives was 72 per cent higher than last year ..."
— March 24 Sydney Morning Herald.
Coal threatens Queensland
It is not a good look for Queensland internationally and here at home with the Chinese coal ship having run aground on the Great Barrier Reef, leaking oil and about to break up.
The massive mines of the Hancock and Waratah coal companies, together with the coal mines of the Bowen Basin coming through with the Northern Missing Link, mean that upwards of 230 million tonnes per annum of coal will be going through the nationally wetlands of Caley Valley and exported through the newly constructed port at Abbot Point.