Copper fumps 1.5 per cent
COPPER prices jump as expectations of a Federal Reserve interest rate rise diminish following disappointing US jobs data.
COPPER prices have jumped, as growing expectations that loose monetary policy in the United States will prevail for longer convinces some consumers to hedge their needs and persuades funds to cover shorts.
BENCHMARK copper on the London Metal Exchange closed 1.5 per cent higher at $US5,178 a tonne from an earlier session high $US5,224.
Australia’s top performing state revealed
Two mining powerhouses are officially Australia’s best performing state economies, with one topping the list for the second time since 2014.
Impossible choice for Aussie families
Australian families are being forced to choose between necessities for their kids’ education or the family home.
Major shake up in Dutton’s front bench
Opposition leader Peter Dutton has announced the long-awaited shake up of his front bench as he looks to the upcoming federal election.