An unprecedented 22 bulk carriers queueing yesterday off the coast of Port Kembla, south of Sydney. Picture: Jane Dempster Source: The Australian
QUEENSLAND'S decision to scrap plans to build the world's largest coal port have rekindled concerns Australia will once again be caught out by infrastructure bottlenecks, unable to reap full benefit from the resources boom.
Industry leaders have warned failure by governments at all levels to streamline export pathways and cut red tape risked repeating the mistakes that capped Australia's productivity during the commodities boom of the past decade.
The concerns were highlighted yesterday by unprecedented numbers of coal ships waiting to be loaded at Port Kembla on the NSW south coast, where industrial disputes and ongoing maintenance work have exacerbated pre-existing capacity problems.
"There's strong demand," the chief executive of Port Kembla Port, Dom Figliomeni, told The Australian last night.
"We just don't have the capacity at the moment to service that demand."
Read More
The Australian
No comments:
Post a Comment