Is the boom really over?

摘要

Australian resource industries are in good shape, despite Minister Ferguson's remarks about the boom in commodity prices being over. Those listed on the ASX are performing much better than those in other sectors; there is going to be a continued and increasing demand for mineral and petroleum resources as the world population grows and the standards of living increase; and Australia is investing in the future with vigorous exploration programs. There may be hiccups on the way but in the medium to long term the future looks good.