How Australia is sleepwalking into a trade disaster with China

Australia has been sleepwalking into a multibillion-dollar disaster with China that could take decades to correct.

Gold price tipped to hit $2000 if things get bad, $3000 if they get worse

Analysts are now penciling in a gold price above $US3000 ($A4212) an ounce as the precious metal this week edged closer to a record $US2000.