Are we about to see a collapse in global share and commodity prices as QE2 draws to a close? asks Karen Maley, of Business Spectator.
World commodity prices
GFC hits Mongolia’s herders
The impact of the Global Financial Crisis can be felt in even the most far-flung corners of the world, including Mongolia’s grasslands, where plunging commodity prices have been disastrous for local sheep and goat herders.
ABARE tips huge growth in export earnings
The RBA is fearful that a strong rise expected later this year in our terms of trade, will delivery another inflationary surge of cash into the economy, writes Glenn Dyer.
Food costs continue to grow
The drought continues to have an impact on a growing number of Australian companies, most notably Australasia’s biggest food group, Goodman Fielder, writes Glenn Dyer.
Who do you trust – central bankers?
Try looking on the bright side of the interest rate rise: the combined
wisdom of our central bank mandarins and board reckon the global credit market shakeout is nothing to worry about, Michael Pascoe writes.
The economy: inflation, rate hike and Howard’s folly
As expected, the Reserve Bank announced this morning that it would increase the cash rate target by 0.25% to 6.5% - the highest level since November 1996.
