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
‘Walk Thru Floor Plan’ Event
Last Friday, Griffin Projects Group hosted an exclusive ‘Walk Thru Floor Plans’ event to showcase real size floor plans of our...
PROJECT UPDATE // Loft Haus
Did someone say demolition! The Griffin team are very excited to see that earlier this month demolition started and...
Opportunistic Hongkongers snap up property in Australia
Many deep-pocketed Hong Kong investors are preparing to pick up global properties on the cheap as major currencies are...
Potential USA trade deal to create 6,000 jobs
A potential trade agreement with the US for Australia’s natural resources would create significant economic benefits for our economy....
APRA finally relaxes loan serviceability conditions
Potential home buyers will be able to breathe a little bit easier after APRA’s (The Australian Prudential Regulatory Authority)...
Employment rate rising indicating economic recovery
The first signs of an economic recovery have surfaced with the Tax Office payroll data showing approximately 124,000 jobs...
Retail is on the rise for WA
WA’s retail industry has officially had its strongest quarter of growth in over 6 years thanks to families fleeing...
PM to slash red tape and accelerate WA projects
The Prime Minister’s plan to slash red tape and drive several road, rail and iron ore projects has been...
International Women’s Day
Yesterday we celebrated International Women’s Day. Griffin Projects Group is #proud to have a strong team of women driving...
OVER 10% OF THE CONSTRUCTION PHASE IS COMPLETE
Griffin’s first energy efficient (clean technology) project, Reside on Money in the heart of Northbridge commenced construction in April....
