Clever country? Think again

The oversupply of Australian commodities (especially metal), distraction of electronic commerce. the uncertain Asian market, and the value of the Australian dollar have all contributed to low profits and prices in the Australian commodities industry. Global consumption of mined products has grown only 3% annually. Zinc, aluminum, and copper prices have fallen about 20%. Nickel has dropped about 35%. Australia's commodities market will improve when Asia's economy stabilizes. Before economic upheaveals, Asia accounted for about 70% of the world's increased consumption of commodities.