Menacing OZschwitz Premier Colin Barnett lashes BHP, Rio over iron ore price squeeze: "remember who your landlord is"

West Australian Premier Colin Barnett has delivered a stinging rebuke to BHP Billiton and Rio Tinto, telling the mining giants to "remember who your landlord is".

Menacing OZschwitz Premier Colin Barnett lashes BHP, Rio over iron ore price squeeze: "remember who your landlord is" Article%20Lead%20-%20wide62320219113r1uimage.related.articleLeadwide.729x410.113ql7.png1412869175216.jpg-620x349

Menacing OZschwitz Premier Colin Barnett lashes BHP, Rio over iron ore price squeeze: "remember who your landlord is" Article%20Lead%20-%20wide62320219113r1uimage.related.articleLeadwide.729x410.113ql7.png1412869175216.jpg-620x349

A clearly frustrated Mr Barnett said he would "hate" to lift royalty rates in the state to offset falling royalty revenue but warned if the situation continued it may be an issue he would need to address.

"This strategy of the two major producers to flood the market and force the price down, I mean, remember who your landlord is," Mr Barnett said. "That is hurting Western Australia."

Mr Barnett said he was frustrated and angry that he had to announce wide-ranging cuts to the public sector that included 1500 voluntary redundancies because of falling mining royalties and lower goods and services tax revenue.

Read more: http://www.smh.com.au/business/mining-and-resources/wa-premier-colin-barnett-lashes-bhp-rio-over-iron-ore-price-squeeze-20141009-113ql7.html#ixzz3FhDeuqw4

Menacing OZschwitz Premier Colin Barnett lashes BHP, Rio over iron ore price squeeze: "remember who your landlord is"

Menacing OZschwitz Premier Colin Barnett lashes BHP, Rio over iron ore price squeeze: "remember who your landlord is"

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