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
Singapore leading business with US and Hong Kong decline
Rankings released recently revealed that Singapore is still seen as the best place in the world to prosper undeterred...
PERTH’S MEDIAN DWELLING PRICE CLOSE TO RECORD HIGH
The median value of a Perth dwelling is tracking towards a new all-time high. Amid Australia’s dramatic price slowdown...
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...
National economy saved by WA mining
WA’s decision to keep Western Australia mining rolling during the COVID-19 pandemic has saved the national economy from collapsing...
The vision for the City of Perth 2050
“Imagine flying your drone over inlets and islands on either side of Elizabeth Quay. You land on a finger...
Australia’s household wealth hits $1m for the first time
Superannuation and rising property values have worked hand in hand to drive Australia’s average household wealth past the $1...
Top 10 reasons why Adelaide will emerge strong from COVID-19 shutdowns.
Among the capital cities, Adelaide’s property market is well placed to emerge from the shutdown with prospects of growth,...
WA NEW HOMES AND APARTMENTS ARE ON THE RISE.
WA is the only state in Australia that is expected to see a rise in the number of new...
Perth rental and sales activity on the rise
Stupendous news for Perth as data derived from reiwa.com revealed leasing transactions rose by 16% as well as sales transactions...
OVER 10% OF THE CONSTRUCTION PHASE IS COMPLETE
Griffin’s first energy efficient (clean technology) project, Reside on Money in the heart of Northbridge commenced construction in April....