Boom still booming - but caution needed

THE resources boom is still driving Australia’s economy, with reports from Access Economics and the Reserve Bank of Australia highlighting the mining sector’s ongoing strength, but sounding notes of caution about inflation and a rocky end to China’s growth.

Boom still booming - but caution needed Boom still booming - but caution needed Boom still booming - but caution needed Boom still booming - but caution needed Boom still booming - but caution needed

In its statement on monetary policy released yesterday the RBA said Australia’s terms of trade were likely to remain at “historically high levels” over coming years thanks to Asia’s resource-intensive

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