What if the mining boom busts?
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Australia has a resource-based economy. The divisive industry provides thousands of jobs, makes up 19% of our GDP, 72% of our total exports, it pulled us through the GFC and is the key contributor to our continued economic prosperity. But what happen when the bubble bursts?
When the gas wells and coal seams run dry? Speculation over economic cycles in the housing sector are weekly news, yet few dare to ruminate on the boom and bust nature of the resource industry.
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