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Mine vehicles and equipment for next to nothing

  •  27 February 2009
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Mine vehicles and equipment for next to nothing

WESTERN Australia is seeing prices of mine vehicles and other industrial equipment plummet.

Supplier are suffering as machines are being sold for as little as half price around the state as companied seek to liquidate assets amid the mining downturn.

Many manufacturers have been forced to cut their workforce due to a decline in orders as the economic climate continues to worsen.

Industry officials are concerned the Federal Governments tax allowance was too little too late.

 

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