Ports show poor return on assets
A selection of ports have a return on assets of less than their comparable counterparts, according to a report by Infrastructure Australia (IA).
Port Hedland. Photo - Southern Cross Maritime
The report was undertaken by Deloitte.
The average return on assets of the eight Australian ports was 2.1% compared to 5.2% for the seven comparison ports which include Singapore, Sydney, Auckland and Vancouver, IA said.
“In part this reflects relatively low revenues...
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