Iron ore and coal generate $10.6 billion trade surplus
May 8, 2020
Strong positive news for Australia, especially WA as March saw a $10.6 billion monthly trade surplus suggesting exports to China could help lessen the blow for Australia’s cliff-like fall due to COVID-19.
AFR subscribers click here to read the full article.
This is a brief summary of the article ‘Trade surplus hits $10.6 billion thanks to iron ore, coal’ by Matthew Cranston | The Australian Financial Review – AFR | Thursday 7th May 2020.
Read Our Other Articles
BUYERS ACTING FAST AS APARTMENTS, TOWNHOUSES AND UNITS FLY OFF THE SHELVES
Perth’s dormant unit market is no longer stagnant with a 58 per cent jump this March quarter compared to...
Perth’s rental rise and why this benefits Investors.
Perth’s rental market is showing positive improvement with the latest data from the Real Estate Institute of Western Australia...
WA’s resources sector key driver in Australia’s economy
It is good news for Australia’s economy with the mining sector set to re-establish itself as a key driver...
Australia’s household wealth hits $1m for the first time
Superannuation and rising property values have worked hand in hand to drive Australia’s average household wealth past the $1...
Househunters flocking to the city of Adelaide
The city of Adelaide is the state’s most sought-after location in South Australia with 943 property sales recently recorded...
WA land sales hit highest mark since 2009 boom
Land sales have hit their highest point since the mining construction boom in 2009 according to recent data collected...
WA NEW HOMES AND APARTMENTS ARE ON THE RISE.
WA is the only state in Australia that is expected to see a rise in the number of new...
Perth property is bouncing back
In a much needed change, Perth’s property prices have finally seen a slight upturn for the first time in...
WA house price increases despite pandemic fears
The Real Estate Institute of WA (REIWA) has stated the index for Perth’s house prices has remarkably increased by...
A strong finish for housing values in 2019
Recent data from CoreLogic’s national home value index shows housing values continue to rise in Perth with a 1.1%...