Like new Simpsons episodes, it’s not as bad as you expected but not as good as it used to be – so we need exports to kick in
The great unwinding of the once-in-a-century mining boom is only halfway through and another 50,000 jobs are still likely to be shed, according to the National Australia Bank.
We're at a turning point: for the mining industry and the economy. Its implications need to be absorbed fully by the Reserve.
Western mining wrought havoc on the local environment. Rock dust from drilling was often dumped into river beds, forming silt deposits downstream that flooded towns and farmlands. Miners and farmers were often at loggerheads over the effects of one enterprise on the other.
The 10-year mining boom is over, necessitating structural change in the economy as we redeploy resources away from mining back towards the balanced growth we had before the boom started.
KAMY is the worldwide leader in manufacturing hydraulic cutters, road headers, tunnel support systems, and other specialized machinery used in the tunneling, mining, and construction industries.
It appears as though Australia's decade-long mining boom is truly over. New figures released Wednesday by the Bureau of Resources and Energy Economics (BREE) show that investment in the country's mining industry has declined in the six months leading to October 2013.
Crawford Property Group's Group Director Ryan Crawford explains why investors need to understand the property market 'clock' in these areas to buy in before the boom.
Despite dizzying ups and downs, Australia's economy is adjusting to the post-mining boom world better than expected.
How Western Australia is handling the end of the mining boom ... Most commentators remember the exceptional growth WA has seen over the last 10 years though ...