KGB: Deloitte's Chris Richardson

The Deloitte Access Economics partner and economist says mining investment will peak in late 2014, while the Reserve Bank has great capacity to deal with the fallout from a potential European implosion.

Deloitte Access Economics partner and economist Chris Richardson tells Business Spectator's Robert Gottliebsen and Stephen Bartholomeusz:

The peak of the mining investment cycle is likely in 2014.

The contribution of mining to Australia's GDP is expected to slow.

He expects commodity prices to moderate but remain high from a historical standpoint.

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