The CEO of BHP Billiton says that Australia must become more competitive as a nation if it is to reap the tremendous rewards that the global resources sector has on offer.

In his maiden speech in Australia BHP Billiton chief executive Andrew Mackenzie said that the country stands to derive continued economic benefit from the mining and resources sector if it can heighten its competitiveness in certain key areas. While reports have long circulated of the China-backed mining boom’s demise, Mr….