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Business by Glen Norris Premium Content Subscriber only Rail giant Aurizon s profit has taken a hit from China s ban on Australian coal, with the company forecasting the chilly trade relations could remain for an extended period. Brisbane-based Aurizon, which connects more than 50 coal mines to ports on the east coast of Australia, announced a 22 per cent decline in half-yearly profit to $267m. Revenue fell 2 per cent to $1.498b. The result was impacted by the sale of Aurizon s rail grinding business in the year earlier period with profit declining 1 per cent on an underlying basis. Aurizon managing director Andrew Harding said he was confident in the long-term demand for Australian coal, but China s decision to restrict imports meant new markets would have to be found. Aurizon railed 102 million tonnes of coal in Queensland and NSW in the first half compared to 106 million tonnes in the previous period. ....
By Bob Sanders - NH Business Review • Feb 16, 2021 Credit Shane Adams via Flickr/CC - http://ow.ly/OJ5Pe Can New Hampshire spend $200 million in federal money to keep people in their homes when it wasn’t able to spend $20 million last year for the same purpose? That’s the question being asked by state officials, housing activists, tenants and landlords while they wait – after the state’s Housing Relief Program ended on Dec. 18 – for the new federal Emergency Rental Assistance program to begin. And no one really knows the answer. “It depends on the universe of need that’s out there,” said Taylor Caswell, commissioner of the Department of Business and Economic Affairs and executive director of the Governor’s Office for Emergency Relief and Recovery, or GOFERR. ....
Renters in line for more relief Published: 2/15/2021 7:32:28 AM Can New Hampshire spend $200 million in federal money to keep people in their homes when it wasn’t able to spend $20 million last year for the same purpose? That’s the question being asked by state officials, housing activists, tenants and landlords while they wait – after the state’s Housing Relief Program ended on Dec. 18 – for the new federal Emergency Rental Assistance program to begin. And no one really knows the answer. “It depends on the universe of need that’s out there,” said Taylor Caswell, commissioner of the Department of Business and Economic Affairs and executive director of the Governor’s Office for Emergency Relief and Recovery, or GOFERR. ....