Good afternoon, Australia’s international competitiveness will drop as labour costs increase under the “same job same pay” industrial relations changes wash through the mining sector, BHP has warned. One of Australia’s highest-paid executives has taken a massive cut of almost $15m to his remuneration. And Tasmania will be new epicentre of whisky according to listed spirit maker Lark that says a partnership with Seppeltsfield Wines will help it compete with the world's best.
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