The chair of the Perth Mint says its dealings and trade of gold actually increased following a damning ABC report, showing investors weren’t scared off.
The reputation of the Perth Mint was not damaged by media reports into counter-terrorism and money laundering obligations, its chairman says.
The Perth Mint is owned by the Western Australian government, and is the only government-owned and guaranteed precious metals enterprise. “If you take out customers at the time of the intense media focus, our trade actually increased rather than decreased. “At the same time we’ve seen some slowing in demand for coins, we’ve also seen the gold price increase … that purely and simply relates to uncertainty in the world.”
In her opening address to the inquiry, Auditor-General Caroline Spencer said the Mint was in a better shape financially than it was five years ago.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Perth man charged over series of fires in Kings ParkA 41-year-old man has been charged with deliberately lighting five separate fires which tore through central Perth and Kings Park in the last week.
Read more »
Perth man to be flown to Australia from America Samoa after falling ill on cruise shipDave Crocos was celebrating a semi-retirement with a holiday onboard a Majestic Princess cruise before becoming unwell.
Read more »
Beloved barrister Alice McShera reportedly met alleged killer when he was client at her Perth firm7NEWS brings you the latest local news from Australia and around the world. Stay up to date with all of the breaking sport, politics, entertainment, finance, weather and business headlines. Today's news, live updates & all the latest breaking stories from 7NEWS.
Read more »
Promise to explore national DV register after WA barrister allegedly murdered at Perth Crown TowersWestern Australia&x27;s attorney general has promised to explore a national domestic violence register after a much-loved barrister was the victim of an alleged murder.
Read more »
Live updates: Matildas face Chinese Taipei in final Olympic-qualifying match in PerthHaving claimed two wins from two games, the Matildas are aiming for a clean sweep of round-two Olympic qualifying with a final match against Chinese Taipei.
Read more »
Matildas Olympic qualifiers LIVE updates: Kerr in starting 11 as Australia, Chinese Taipei square off in PerthFollow along for the major moments and reactions as the Matildas and Chinese Taipei face off an Olympic qualifier in Perth.
Read more »