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Commodities

Analysis and Comment (7)

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Australia's mining boom is both a boon and a bane to our economic development.

Managing the mighty structural forces unleashed by the mining boom

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…
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Celebrating: after being seen as a basket case for so long, Brazil's economy is now powering. AAP

Brazil and Australia: the rise of the southern hemisphere powers

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…
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Do recent falls in commodities suggest more severe conditions in the future? AAP/AFP

Fluctuating commodity prices: what are the implications for Australia?

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…
Gold
Uncertainty about the US economy is driving investors back to the safe-haven metal. AAP

Explainer: Why gold is still precious for investors

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…
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G20 ministers failed to deliver tangible outcomes to offset food price volatility. AAP

Much talk but little action from G20 agriculture ministers

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…
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Sharing the spoils: WA Premier Colin Barnett confers with Queensland's Anna Bligh. AAP

Despite our patchwork economy, all states are sharing in the boom

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…
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Peak coffee or no peak coffee, it's the farmers that end up empty handed. AAP

Not just a few beans: the true cost of coffee

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…