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
Melbourne property market battered but still standing
                                        Property investors are shocked to see Melbourne’s property market standing tall after COVID-19’s most recent hit, however with an...                                    
                                    
                                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...                                    
                                    
                                PROPERTY PRICES SET TO RISE IN 2021
                                        The Australian residential real estate market should begin to rise in the second half of next year following a...                                    
                                    
                                PERTH’S PROPERTY MARKET THE PANIC BUYERS NEW TARGET
                                        Panic buyers are at it again except forget the toilet roles, Perth’s panic buyers have sent the property market...                                    
                                    
                                WHAT MAKES AN APARTMENT DEVELOPMENT ‘BOUTIQUE”?
                                        Boutique Apartments and townhouses are a growing trend in Perth, on the east of Australia, and abroad. The word...                                    
                                    
                                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...                                    
                                    
                                WA’S HARD BORDER HAS KEPT THE NATION GOING
                                        WA was the only economy to see any growth for the last financial year with a 1.1% rise meaning...                                    
                                    
                                Perth property is bouncing back
                                        In a much needed change, Perth’s property prices have finally seen a slight upturn for the first time in...                                    
                                    
                                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...                                    
                                    
                                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...                                    
                                    
                                 
                                                                             
                                                                             
                                                                             
                                                                             
                                                                             
                                                                             
                                                                             
                                                                             
                                                                            