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
Perth’s growing city skyline
Perth’s skyline is continuing to evolve with Elizabeth Quay set to be the home of Perth’s tallest twin skyscrapers....
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...
HOMEBUILDER GRANTS EXTENDED TO MARCH NEXT YEAR
Great news for those who thought they may have missed out as the HomeBuilder grant as it has now...
Investors embracing Perth’s potential growth
More than 60% of investors believe that Perth has the highest growth potential of any market in Australia over...
Reside on Money Low Carbon Footprint
We were excited to see our upcoming ‘Reside on Money’ development located in the heart of Northbridge featured in...
Plan to get 1 million back to work
The majority of businesses should be up and running in less than two months by following a comprehensive set...
Construction Update
It is exciting times at Griffin as several of our projects move into the construction phase over the coming...
WA rise despite pandemic fears
Despite COVID-19 induced worries the WA property market is in a better position than many expected as sale transactions...
Perth is on the map for migrants
There has been an exciting development for migrants taking part in Australia’s regional migration program. Since mid-November, migrants are...
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...