The Conversation’s distinguished panel predicts unusually weak growth, dismal spending, no improvement in either unemployment or wage growth, and an increased chance of recession.
Articles on Iron ore prices
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Business Briefing: disrupted companies will need to think global to survive
The Conversation13.4 MB (download)
Australian businesses need to focus more on the global market and less on giving generous dividends to shareholders.
The first years of the millennium were kind to government finances. A benign economic environment, and a once-in-a-century commodity boom fuelled by Chinese growth, helped the Federal budget to a cumulative…
Even if the price of iron ore remains low, Australia is still well placed to benefit from this resource in the future.
While it’s easy for the large miners to argue increased iron ore production is business as usual, the overall cost to the sector warrants a closer inspection.
Western Australia should not be bullied into microeconomic reform and privatisation by the federal government while their slice of the GST is held to ransom.
Had the mining industry engaged differently on the proposed mining super profits tax, it would be in a better position today.
Pop quiz: in 2014 the quantity of Australian iron ore demanded by China has: a) fallen sharply, b) fallen modestly, c) remained the same, d) increased modestly, e) increased sharply? The answer in just…
The world’s biggest iron ore producer, Vale, has announced its intention to expand production despite a falling price. This follows similar announcements by Rio Tinto and BHP. This expansion in production…
The Australian iron ore industry is no place for the faint hearted. On April 11, Padbury Mining spectacularly announced billions in funding (reportedly backed by Chinese investors) to develop the Oakajee…
Forecasting commodity prices is like buying a second hand car. Only the car’s previous owner and perhaps the dealer really know what the car is actually like. In contrast you, the buyer, are an outsider…
Despite the recent fluctuations of the iron ore price, producers such as mining billionaires Andrew Forrest and Gina Rinehart entered the iron ore market with eyes wide open and understand the long-term…
This week we learnt that Australia’s GDP growth fell significantly in the second quarter compared with the first. The fact that GDP growth is a lagging indicator raises serious questions about the current…
Top contributors
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Professor of Economics, Director of the Australian Institute for Business and Economics, The University of Queensland
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Director and Professor, Australia-China Relations Institute (UTS:ACRI), University of Technology Sydney
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Bond University
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Professor, College of Business, University of Sharjah
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Lecturer, College of Business and Economics, Australian National University
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Professor of Politics, Curtin University
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Visiting Fellow, Crawford School of Public Policy, Australian National University
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Professor, Finance, The University of Western Australia
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Adjunct professor, UNSW ; University of Technology Sydney