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
VICTORIA GEARING UP FOR ECONOMIC RECOVERY AS GOVERNMENT ANNOUNCES MAJOR PROJECTS
Victoria’s economic recovery is set to be bolstered by the acceleration of more than $1 billion worth of building...
BUYER FRENZY FOR 2021
Buyers are racing right now to get on Perth’s property market ladder. Last week a home open in Carine...
Another boost to WA’s mining sector
Today we welcome more good news for WA’s economy with another boost for our mining industry. Fortescue Metals Group...
Home values hold strong amid pandemic
Strong results from recent CoreLogic data revealed that despite COVID-19 panic every Australian capital city had home value increases...
Opportunistic Hongkongers snap up property in Australia
Many deep-pocketed Hong Kong investors are preparing to pick up global properties on the cheap as major currencies are...
Short-term economic pain to lead to longer term gain
The Urban Development Institute of Australia was pleased to recently host global economist Jonathan Pain who shared his thoughts...
WA IS SAILING THROUGH THE ECONOMIC STORM
The State Governments hard border closure, the ongoing strength in the mining sector and the states low reliance on...
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...
Construction Update
It is exciting times at Griffin as several of our projects move into the construction phase over the coming...
Construction Update
It is exciting times at Griffin as several of our projects move into the construction phase over the coming...