commodities prices

The man in charge of Macquarie Group’s commodities arm has received a massive boost to his pay.Macquarie had an extremely profitable year trading oil, gas and electricity and its net profit rose 54 per cent, the Financial Times reports.As a…

Treasurer Jim Chalmers is set to deliver the first surplus in over a decade in a stunning budget turnaround that even he admits won’t last.The Queenslander is set to pull off an astonishing fiscal turnaround that will deliver a modest $4…

The news is full of new concessions from China to Australia. China appears to be reversing its shadow-ban on importing Aussie coal that wiped $1 billion off Australia’s balance sheet.This backflip is a revealing outrun of events given the…

Australians have been promised a “bread and butter” budget on October 25 – one which will be “resilient” but “won’t be fancy”.With the world teetering on the brink of a recession, Jim Chalmers has sought to downplay expectations about the…