When most people think about the ‘Australian Economy’, the first thing that’ll often come to mind is mining and banking. Two industries that dominate our total productive output both locally and abroad.
It is, however, a little more intricate than that...
Australia is a prime exporter of many commodities. Many of which are mined, but some of which aren't. And while iron ore has certainly been our forte for a number of years now, we have quite the unique mix of materials across our vast country.
Dear Reader, *slow clap* We made it. We got to the end of 2020. Of course, that doesn’t mean that all of our problems will go away when the Gregorian flicks over to a new year. We’ll be a little bit better prepared though. 2020 has been one of the most exhilarating I’ve witnessed in […]
Dear Reader, Sometimes the absurdity of the financial world has you wiping the tears from your eyes with one hand…and holding your stomach with laughter with the other! News just in from Shenzhen in China says luxury apartments are selling out in minutes. Buyers are paying out huge commissions to get in on the action. […]
In order for a legitimate clean energy market in Australia to move forward, a futures exchange is needed. In practice this would allow, ‘clean energy producers and retailers to hedge against price volatility through forward contracts tradeable on a public exchange.’
Iron ore practically saved our economy from a recession single-handedly. And now, in 2020, we’re seeing iron ore do it again. We can pretty safely state that we’re in the midst of another boom. So…
Dear Reader, Your first drink is always good. The second is usually very good. I feel the same way about Melbourne skyscrapers. They tell me that the ‘big property collapse’ everyone fears isn’t going to happen. Why do you care? You have a massive opportunity to ‘buy the dip’ in Australian property over the next […]
Today, Profit Watch offers you a reminder that might make you sleep a little easier at night. After all…it’s been a wild ride in the markets over the last few weeks. It’s tempting to stay glued to your screen to see what the Dow Jones is doing. Or to wonder where the ASX 200 might […]
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