Posted by waterweek on 10 October 2007
According to Gabriella Hold in The Australian Financial Review, (10/10/2007, p. 31) Clime Asset Management managing director Roger Montgomery says real commodities should outperform not only over the next year but for the longer term as growing populations boost demand for foodstuffs. “Physical commodities such as coffee and sugar and cotton will be the best place to be, probably over the next five years,” he said.
$US and $A one year ratio:
Nomura Australia equities strategist Eric Betts is similarly bullish on commodities, saying they could well outperform other asset classes, as the impact of Australia’s drought increases food prices. Read the rest of this entry »
Posted in agriculture, Drought, Economics, Water Week Vol 0414 | Leave a Comment »
Posted by waterweek on 4 October 2007
According to Jonathan Barreet, in The Australian Financial Review, (26/09/2007, p.1), local councils had been given millions of dollars in refunds in return for their silence after investing in complex debt products recommended by the Lehman Brothers-owned Grange Securities. Read the rest of this entry »
Posted in australia, Economics, Energy, water, Water Week Vol 0413 | Leave a Comment »
Posted by waterweek on 21 September 2007
Rural confidence had improved slightly in WA, following rainfall around much of the state’s agricultural area in July and strong commodity prices positively impacting farmers’ confidence levels with improvement in wheat prices and relatively strong wool prices, reported Farm Weekly, (30/08/2007, p.23).
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Posted in agriculture, Economics, Grains, Greenhouse Trades, Rainfall, wa, Water Week Vol 0411 | Leave a Comment »
Posted by waterweek on 20 September 2007
The Australian Government was concerned that the shortfalls in supply of oil and other energy resources may prompt countries like China to lock up access to supplies through long-term contracts, reported The Sydney Morning Herald (3/9/2007, p.2). Read the rest of this entry »
Posted in australia, Economics, Energy, Gas, International, Trade, water, Water Week Vol 0411 | Leave a Comment »