Wednesday, January 30, 2013

FOXBusiness.com: Australian Resources Sector Nearing Investment Peak -Deloitte

FOXBusiness.com
FOX Business Network - The Power to Prosper
Australian Resources Sector Nearing Investment Peak -Deloitte
Jan 30th 2013, 13:15

Australia's main economic driver is at risk of sputtering next year, with investment in the mining sector likely to peak this year and then drop off, potentially sharply, Deloitte Access Economics said Thursday "The mega-resources investment projects which accounted for much of Australian economic growth in recent years are hurtling towards a peak, likely in late 2013," the economics advisory firm said in a report.

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