11.06.2012 - Australia: Fall in commodity prices could reshape economy

The economy is on the threshold of a profound transformation as the long climb in commodity prices that has boosted incomes for most of the past decade goes into reverse. Last week's national accounts capture the change, with income per person falling for each of the last two quarters. Falling profits, also for the past two quarters, are part of the same story...............................................Full Article: Source

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