Subscribe to RSS feedMining earnings in reverse ahead of farm export boom
by
Obsidian
—
last modified
Mar 12, 2009 12:00 AM
The Australian Bureau of Agricultural and Resource Economics (ABARE) has revised its forecasts for Australia's commodity exports in 2009/10 with contrasting assessments of the resources and agricultural sectors.
At the Outlook 2009 conference in Canberra last week, ABARE forecast earnings from mineral exports to decline 22% over the next financial year to $162bn.
The decline would be in stark contrast to the forecast 33% growth to $196bn expected...
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