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hehehehe.....the irony!!! :) I remember when MIM occupied most of a premium Brissie high rise. Guess the Swiss citizens of Zug do all that work now. But if the RBA and Pitchford think it is ok to sell out to the privately owned Glencore (>35% stake in Xstrata), then moving those jobs and...

I don't think many people understand the National Accounts TC, even MBAs. The two major inputs to a country's cash flow (current account) with the rest of the world are its trade balance and the primary account, the latter being a mysterious abstraction to most. Nor are the pitfalls of...

I reckon you can't ignore the income account so readily Boz. A country's trade balances don't tell you who owns a nation's means of production, nor how much of the profits stay onshore. Consider BHP. It's revenues constitute almost 4% of Australian GDP, but its 40% foreign owned. Rio Tinto is...

Boz, the interesting trend on the chart is the spread of CA/GDPs is widening. Considering global CAD must equal global CAS, a dollar plot of both would be interesting. It'd show more clearly the big supporters and supportees. In Australia's case, in addition to having our lifestyles vendor...

Despite the trade surplus, what's the chance we have a Current Account Surplus.

Does anyone want to add a little clarity, and work out the relative contribution of decreased imports and increased exports, to TOT? better include gold sales....