Australia has been enjoying the riches of their mineral resources with a massive boom in iron ore, coal, LNG and other mineral exports. With the rise in prices of these mineral resources and Australia being just on the border of Asia, booming big economies like china and India are looking to increase imports and trade deals with this mineral rich neighbor. Australia … [Read more...] about Mining rivals Mongolia & South Africa increase mining projects
Australia
Samantha Stosur takes US open cup
Samantha Stosur finished the US open in style beating the reigning American favourite Serena Williams. Stosur, 27, from the Australian state of Queensland beat Williams 6-2, 6-3 Sunday to become the first Australian woman in 31 years to win a major singles title. Aussies Claim another Sporting Victory Williams was the hot favourite to win the cup but Ninth-seeded … [Read more...] about Samantha Stosur takes US open cup
Are Australian Wineries in trouble ?
Sales figures show that wine sales slipped 3.3% in 2010/11 – the first fall in 15 years and largest drop in annual wine sales for 22 years. Australian consumers have been spending less on the spirits ad this has affected the Australian wine market. While the sales of Australian wines have gone down, French wines have been doing pretty well. French wine only accounts … [Read more...] about Are Australian Wineries in trouble ?
The ugly scourge of inflation plays with Australia , China and India
Inflation, as measured by the Consumer Price Index (CPI) has been heading higher over recent months. During the three months to June 2011, headline inflation was recorded at 0.9% in comparison, property values across the combined capital cities fell by -1.5%. Inflation has become a prime concern now for fast growing economies like India, China but also developed … [Read more...] about The ugly scourge of inflation plays with Australia , China and India
Wrap up – Diggers & Dealers 2011 Conference
Some of the highlights of the just wrapped up Diggers and Dealers Mining Conference Held in the gold-prospecting hub of Kalgoorlie, Western australia from 01 Aug- 03 August 2011. Diggers & Dealers Conference 2011- Highlights For a forum that started with a dozen blokes in a pub in the West Australian mining town of Kalgoorlie-Boulder, Diggers and … [Read more...] about Wrap up – Diggers & Dealers 2011 Conference