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
Adding to Scarborough’s changing landscape
“To improve is to change; to be perfect is to change often” – a powerful quote from Winston Churchill...
AUSTRALIA HITS GOLD PRODUCTION MILESTONE
Australia’s gold production hit a record high milestone producing 328 tonnes in the first six months of this year...
4 reasons Australia may have a sharp but short recession.
Below are four main reasons Peter Switzer, Founder of Swtizer Financial Group believes Australia’s future economy could give way...
Australia set to cash in on Brazil iron ore mine closure
Australia’s big iron ore miners are set to benefit immensely on surging iron ore prices as Brazil’s Vale mine...
New Brand revealed for LOFT HAUS project
We are very excited to officially launch the branding for our upcoming Loft Haus development situated in Leederville, one...
Hong Kong Buyers seeking Australia safe haven.
Hong Kong residents struggling with China’s influence on Hong Kong are seeking out Australia as a potential new place...
2019 – the year that won’t be missed by the Property Market
Although some may be sad to say goodbye to 2019, WA’s property market says good riddance after a sluggish...
Perth | luxury housing market among world’s best
Perth has been ranked among the top 23 cities in the world for luxury property market growth in Knight...
China to bring economic growth for Australia
Industry experts believe China is Australia’s best bet in leading the nation towards the path of economic stability and...
WHY APARTMENT LIVING IS BECOMING MORE POPULAR
Traditionally, living the Australian dream involved ownership of a single storey home, on a quarter-acre suburban block with a...
