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Australian Miners Out-Earning Bankers

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DOWN UNDER, AN UPSIDE DOWN WORLD
"Wages at mining companies in Australia eclipsed those of the nation's financial firms by a record amount as demand for iron ore, coal and copper surges while the island continent struggles with a skilled-labor shortage, data compiled by Bloomberg show," the China Post reports. "The highest-paid jobs involved skilled professions, such as electricians, engineers and scientists, many of whom earn more than AU$200,000 (US$186,000) a year. Adrian Morris, an electrician with 25 years of experience, is currently working at a coal mine in the town of Moranbah, Queensland, near Australia's east coast. He said he's typical of the burgeoning group of fly-in, fly-out professionals who work 14 days straight, then have an equal number off. “So you actually only work 22 weeks a year for AU$100,000,” he said."
SOURCE:   China Post

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