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
WA outlook improving
Commsec’s chief economist, Craig James recently voiced his belief that a rise in retail spending, population growth and an...
WA set for $4.5 million over the next three years in GST top-up deal
Federal Treasurer Josh Frydenberg and WA Treasurer Ben Wyatt finalised a deal this week which will see Western Australia...
Potential USA trade deal to create 6,000 jobs
A potential trade agreement with the US for Australia’s natural resources would create significant economic benefits for our economy....
$510M Biome Project to supercharge WA’s tourism
The Biome Project is 3 large, dome structures built to showcase the unique climates and environments of Western Australia....
A strong finish for housing values in 2019
Recent data from CoreLogic’s national home value index shows housing values continue to rise in Perth with a 1.1%...
WA leading the nation’s post virus spending
Western Australia continues to lead the nation in the COVID-19 economic recovery with the strongest spending across the country...
TOP 4 FEATURES ON HOME BUYERS WISH LISTS
Buying a home is the biggest investment any of us will ever make. With our schedules being busier than...
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...
Scarborough | a great place to live and play
“whether it is watching the sunset over the Indian Ocean, grabbing a bite at the many cafes or restaurants,...
Scarborough Beach to get Australia’s first ever trackless tram
Sensational news for Perth as Australia’s first ever trackless trams are set to hit Scarborough Beach. This proposed $97...