You are viewing:-
you're reading...
1.Market Observations, 8.Was Sticky

26 Feb 2015 (AFR) – Decline in infrastructure spending, big projects

(26 Feb 2015, AFR, p10, Mark Ludlow)

‘Lower commodity prices are expected to contribute to a big fall in spending on major projects over the next three years, adding to the drag on the economy from poor business and consumer confidence. With big mining and energy projects being shelved or completed, an ANZ report on major projects for 2015 said the combined spending on projects worth more than $100 million will fall from $88 billion last year to $32 billion in 2017.’

Read more at AFR.com (might need AFR login access)

About robertbrain

Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: