Came across a great article from the age today.
They talk about Australia's commodities boom becoming a victim of its own success, with the high Aussie dollar undermining the economics of projects.
The higher the Aussie dollar runs the more trouble the economy and the market faces.
http://www.theage.com.au/business/strong-dollar-threatens-commodity-boom-20110615-1g2wo.html
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
8,580.1 |
Change
-9.100(0.11%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,589.2 | 8,619.8 | 8,568.2 |
| XJO (ASX) Chart |