The demand for copper, a crucial metal used in electronics and other industries, has surged in recent years, driving up prices. Despite its importance, the world’s largest copper mines are struggling to meet demand amid a global shortage and environmental concerns. The rising cost of copper has impacted companies like Thomas Instrumentation, which manufactures electronic components, leading to increased prices for customers.
Full Article
OECD March Economic Outlook flags slowdown in Australian economic growth
The OECD warns that Australian economic growth will slow in 2026 due to US President Trump's tariff agenda, with GDP growth expected to decline to 1.8% from 1.9% in 2025. Global growth is also projected to moderate, with higher trade barriers impacting investment and household spending. Inflation is expected to be higher than previously forecasted, with headline inflation in Australia predicted to reach 2.2% in 2026, allowing for continued policy rate reductions. Full Article
Read more