Seeing the world through commodity coloured glasses
Never before has the market endured the myriad of events that unfolded over the past 12 months. From floods to cyclones, international debt crises and natural disasters, the furtherance of a two speed economy, the proposition of a carbon tax; the economy did it tough. We provide some insight into how corporate results and the earnings outlook will show that the Australian economy is only rosy when viewed through commodity coloured glasses.