A myopic focus on short-term cyclical business cycles has meant successive governments have failed to carry much needed structural reform.
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No sooner had Treasurer Wayne Swan accused the Europeans of “mindless austerity” a month ago than he embarked on a resolute but most likely counter-productive search for cost savings in the coming May…
As the price of gold continues to plunge, many investors are wondering whether the shiny commodity has lost its lustre.
Flickr\Bullion Vault
It has been a turbulent time for the gold market. The past two days of trading have been particularly volatile, with gold prices recording the sharpest two-day drop in 30 years .
The severity of the fall…
As investment in mining projects hits its peak, the Australian economy will undergo a transition to export-led economic growth.
AAP
Various explanations have been offered for Prime Minister Julia Gillard’s decision to announce the date of the 2013 federal election almost eight months in advance. Most commentators, both those who applaud…
Australia’s mining boom is both a boon and a bane to our economic development.
Australia’s stark comparative advantage in mining is both a boon and a bane to our economic development. Investment in the mining industry as a share of Australia’s GDP has already reached unprecedented…
Celebrating: after being seen as a basket case for so long, Brazil’s economy is now powering.
AAP
Few countries have been left unscathed by the global financial crisis and it seems that they are all situated in the southern hemisphere. Brazil and Australia are some of them. Recently, their economies…
Do recent falls in commodities suggest more severe conditions in the future?
AAP/AFP
Commodity prices have see-sawed in the last few weeks amid ongoing turmoil in Europe and concerns over China.
Should we view recent falls in commodity prices with concern? Do these movements suggest more…
Uncertainty about the US economy is driving investors back to the safe-haven metal.
AAP
The price of gold reached a record high of $US1607.01 an ounce on Tuesday as investors turn to the precious metal amid uncertain global economic conditions.
University of Western Australian Professor…
G20 ministers failed to deliver tangible outcomes to offset food price volatility.
AAP
Food policy experts hoping for tangible outcomes to address an escalating food crisis among developing countries have been disappointed by the outcomes of last week’s first-ever meeting of G20 agriculture…
Sharing the spoils: WA Premier Colin Barnett confers with Queensland’s Anna Bligh.
AAP
The marked increase in international commodities prices and the accompanying rise in the value of the Australian dollar has led to popular concern about a two-speed or multi-speed economy, prompting the…
Peak coffee or no peak coffee, it’s the farmers that end up empty handed.
AAP
Coffee prices are rising again, and you might be wondering how much more you’ll soon pay for your morning coffee.
Although coffee prices are fickle the fluctuations affect most of us very little compared…
