The world was notified by China on Thursday that they are expecting their GDP growth rate for 2015 to slow to 7.0% from 7.4%. Almost 40 years of exceptionally strong economic growth appears to be re-aligning itself with global growth activity. But the impact on Australia could be much deeper. China is Australia’s largest trade […]
Iron Ore Miners
by December 18, 2014
| What a year 2014 has been for Iron Ore miners. The heroes of the Australian economic boom times are now licking their wounds, and even teetering on the edge of profitability leading into 2015. Just think back to the beginning of 2014 where Iron Ore was trading at $130 plus. All major iron ore miners […]