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
HOUSE PRICES FORGOE GLOOMY OUTLOOK FOR A MORE UPBEAT ATTITUDE
Home values are starting to stabilise just six months after the March COVID-19 shock which has some economists forgoing...
PROPERTY PROFIT RISING TO NEW HEIGHTS
Housing prices have recently seen an exponential rise due caused by a flood of returning expats and east coast...
New in the neighbourhood
I spy with my little eye, something beginning with … COFFEE. That’s right, your daily ritual is now in...
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...
Millennials jumping into the property market
Young Western Australian‘s have experienced a significant savings boost due to the lock down measures decreasing their spend on...
Perth’s property market is gaining confidence
It is good news for Perth’s property market with an increase in sales activity resulting in 40% of suburbs...
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...
Griffin At Realestate.com.au Market Update Event
Griffin Group’s Marketing team attended a Realestate.com.au Market Update event last week which explored the subtle but notable changes...
Construction industry showing signs of recovery
Employment in construction has risen 1.5% in WA since the COVID-19 trough in April with data from the Australian...
RESIDE ON MONEY KICKS OFF
This week our beautiful Reside on Money project officially kicked off into construction phase with commencement of boring works...
