money news blog - Just another WordPress weblog wrote an interesting post today on
Here’s a quick excerpt
The Daily Reckoning Australia: Let’s get the ugly part out of the way first. The S&P ASX/200 limped home yesterday to finish the fiscal year down 16.9%. Let’s call it 17. It was the first down year since 2002, or 1 BB (Before the Boom). If not for the iron-ore solid performance of BHP Billiton (ASX: BHP)-up 24.7% on the financial year-it would have been much worse for the ASX 200. Rio Tinto (ASX: RIO) did its part to hold the line for the resource sector as well. Rio was up 38.2% for year, fr

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