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Showing 81 - 90 of 527 results for "Iron ore"

Super tax receipts to reach $8bn: MYEFO

DARREN SNYDER  |  MONDAY, 19 DEC 2016
... down by around $3.7 billion in 2016-17 and $30.7 billion over the four years to 2019-20, Morrison said. "Recent higher iron ore and coal prices are expected to improve corporate profitability in the mining sector in 2016-17, which is expected to provide ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 9 DEC 2016
... 6.0% year to date. Imports surged by 6.7% in the year to November - mainly due to higher commodity imports, particularly iron ore - following a 1.4% fall in the previous month. This represents the fastest growth since September 2014 and beat market expectations ...

A mining renaissance courtesy of President Trump

BENJAMIN ONG  |  MONDAY, 14 NOV 2016
... stopping the Fed from raising interest rates in December now) - would be a boon for the domestic economy. The price of iron ore has rallied by 23.2% on the week of Trump's victory and is now 85.8% up year-to-date. Australian coking coal prices increased ...

CPI says RBA no go on Melbourne Cup Day

BENJAMIN ONG  |  THURSDAY, 27 OCT 2016
... commodity prices... no more. This year to date, S&P GSCI commodity prices index has risen by 19.7%, Brent oil's up 38.5%, Iron ore by 43.6% and World Bank data shows the Australian Coal price has risen by 40% in the first nine months of this year. Reduced ...

Low rates signify opportunity for reinvesting

JAMIE WILLIAMSON  |  FRIDAY, 2 SEP 2016
... help make Australia great in a few areas." Comegys said that the post-2008 days of Australian commodities, specifically iron ore, being exported to China for consumption are over. "Australia is in transition. Post-2008 Australia had a really positive ...

QV Equities posts solid year

DARREN SNYDER  |  THURSDAY, 18 AUG 2016
... materials sector, with gold miners also rallying strongly following an increase in the gold price, while stocks such as iron ore miner Fortescue were also strong performers over the 15/16 financial year," Tagliaferro said. "Also boosting the benchmark ...

ASX jumps "despite" naughty news

BENJAMIN ONG  |  WEDNESDAY, 2 DEC 2015
... Sydney Morning Herald (SMH) puts it, "Australian shares rallied strongly despite falls on Wall Street, fresh lows in iron ore, disappointing Chinese economic data and the Reserve Bank keeping rates on hold" to which we could add, the consequent jump ...

Rusting still

BENJAMIN ONG  |  MONDAY, 2 NOV 2015
Iron ore prices have tried to get back up twice this year, only to be knocked back down each time. After dropping to a 10-year low of US$46.70 a tonne back in April this year, the price of iron ore rallied by 40% to US$65.40 a tonne by mid-June only ...

Easing cycle over for now

MARK SMITH  |  FRIDAY, 14 AUG 2015
... cents against the US dollar has closed the gap in the country's terms of trade, which have been declining due to falling iron ore prices. According to Reynolds, this means that the RBA's concerns about the currency have eased, as indicated by the change ...

Market to open higher

AAP  |  FRIDAY, 31 JUL 2015
... level of carbon emissions they finance is expected. In Australia, the market on Thursday higher after a bounce in the iron ore price. The benchmark S&P/ASX200 index was 45.3 points, or 0.81 per cent, at 5,669.5. The broader All Ordinaries index was up ...