Australia mining boom death watch: Deloitte gives it two years

Australia’s Telegraph quotes Deloitte Access Economics over the weekend as saying “the strong bit of Australia’s two-speed economy won’t stay strong for more than another two years or so.”

In a forecast for the Australian economy the consultants maintain “mining companies are making it clear the current spike in investment is due to decisions taken a while back, whereas we are getting few new mining mega-projects across the line.”