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
WA leading the way out of pandemic restrictions.
WA may be one of the first states in Australia to lead the nation smoothly out of the COVID-19...
Property prices surge creating a rush to build
Developers have been pushed to start bidding for housing project sites again in Melbourne and Sydney as the annualised...
WA CONTINUES TO KEEP THE NATIONAL ECONOMY STRONG
WA has recently been viewed as a drag on the ‘national interest’ of Australia due to the state’s hard...
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....
FEDERAL BUDGET TO REVEAL WAY FORWARD FOR AUSTRALIA’S ECONOMY
It is officially 34 days until the Federal Budget! This means we only have 34 days to wait for...
WA economy back on track
Premier, Mark McGowan believes WA is “on the cusp of great economic activity”. The state has entered into a...
Australia retains its AAA rating
Great news for Australia as it retains its AAA sovereign credit rating alongside just nine other countries through the...
First weekend The Residence on-site sales suite is open
THIS WEEKEND is your opportunity to visit our on-site sales suite to select your new boutique off-the-plan apartment at...
Local committee brings vibrancy to Scarborough Beach foreshore
It is an exciting time for Perth’s most iconic and favoured beach destination. Scarborough Beach Foreshore is currently undergoing...
RBA predicts strong economic recovery for Australia
A stronger than expected economic recovery is on the cards for Australia if the nation’s successful containment of COVID-19...
