Rising Resource Prices Keeping Aussie Economy Afloat
Apr 3rd, 2008 | By Dan Denning | Category: Gold MarketWe have good news for Australia. Earnings are going up for some companies! Rising resource prices for tangibles like coal, iron ore, and gold should continue to generate earnings growth for Aussie exporters. It’s true that energy costs are rising for Aussie producers and the strong local dollar puts a dent in earnings.