Australia’s Secretary to the Treasury Martin Parkinson comments.

  • “I would concur with Reserve Bank Governor, Glenn Stevens, that rumors of the death of the mining sector have been greatly exaggerated:” Parkinson
  • While investment won’t continue to rise indefinitely, we expect strong investment this financial year and next. Only just beginning is the strong rise in extraction and export volumes stemming from that investment,” he says.-bbg

Was it Mark Twain or Sammy Clemens who said that before?

In the meantime AUD/USD is saying “I’m Alive!” trading at session highs of 1.0256/60.