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The research by RP data might be right, but the first dot point is a bit silly. That's like saying all the people looking for houses in Perth can just go live on the GC. Perth stock is down about 27% in the 12 months and probably down 10 to 15% on the 5 year average.

Why would a company openly publish how bad their predictions are? Guess that goes hand-in-hand with how bad their predictions are.

I believe BIS use the "dart at a dart board" method for their predictions. They have been soooooper accurate in previous years. I believe they predicted something like a 40 to 50% correction across the property market a few years back coming out of the GFC. Instead of being ahead of the...

Need to go off to the kitchen and get my popcorn for the forthcoming entertainment.........

Just checked the 2011 BHP annual report. Income from China is now 28% in 2011 up from 20% in 2009. For Rio Tinto income from China is now 31% in 2011 up from 25% in 2009. So these two would take a hit, but would still survive. Compare the above two with 97% of FMG's income coming...

having a guess, but I would have thought it was Japan, Korea, India and then Indonesia in that order. I think people need to start thinking of where we export to, not where China imports from, if we are to insulate ourselves from any potential downturn. No doubt, Rio, BHP, FMG etc know...

What proportion of that is to China? I thought it was about 60%? The rest goes to.......?????

Well, if WA had a GDP growth of 8% for the quarter compared to the 1.3% for the rest of Australia, then Australia will be in a recession come Christmas time. I'm sure that will make the negative nannies happy.

Right you are. That was referring to the longer term contracts that Woodside et al have with Japan, Korea etc

If the BHPs, Rios, FMGs of this world are happy to spend hundreds of billions of dollars in expansion then there should be an expectation that all is not about to go belly up????? Such a decision to borrow that amount of money, would not be taken lightly by either the CFOs of those companies...

You mean "rent-a-crowd"? Yes. The EDO are supporting the traditional "owner" of the land the gas hub is on. Don't know how that differs from the traditional "owners" that agreed to it.

The gas hub will just move. A shame, but it will probably go to some site they were looking at in the NT. Typical NIMBY attiude. I mean, who would notice it 60km up a dirt track out of site from 99.99% who live in or visit Broome. All because some traditional owner has his nose out of...