The Melbourne Newsroom

When it comes to precious commodities, it could be copper, not gold or oil, that stands out in the future, according to Dr Les Coleman.  

"Copper is interesting. It has been mined for the better part of ten thousand years, so we know copper very, very well, but the price keeps on going up."

"Generally if you know something very well you should be able to produce a lot of it quite cheaply and we don't seem to be able to do that, so it may be (a commodity) to look out for."

According to Dr Coleman we may be seeing the approach of 'peak copper.'

Despite a rise by the Reserve Bank in the official cash rate yesterday, and the prospect of more rises in November, Associate Professor Neville Norman says borrowers are still ‘better off’.

Sir Howard Davies, the Director of the London School of Economics will ask whether central banks around the world could have helped head off the GFC in this years David Finch Lecture on Thursday August 13.