Australia’s trade account has stormed back into the black for the first time in a year. A surge in higher prices for iron ore and various coals boosted our export performance.
Imports
Caucus debate misses the point, chapter and verse, on books
What’s happening with parallel book imports? The publishing industry is on the cusp of major change driven by online delivery. The most appropriate role for the government is to step aside and let consumers take the lead.
Unsure whether to be happy or sad over the rising dollar?
With news that the Aussie dollar has dropped under 90c today, Tim Boreham writes on the changes — both good and bad — that a strong Aussie dollar brings. It’s not the doom and gloom that many are predicting.
How chicken feet could prevent an international trade war
China is threatening to cut off its lucrative import stream of American chicken, following Obama’s decision to slap higher tariffs on Chinese car tires. But the US has an ace up its sleeve: the “jumbo, juicy paws” of Yankee-bred chooks.
Things look grim in our May trade performance
The days of trade surpluses have gone, banished by the downturn in iron ore and coal prices, while the slump in imports shows the slowdown is still curbing demand, especially for capital goods.
Australian pork industry set to go belly up?
A surge in imports is undermining the local pork industry, writes Khalil Hegarty, senior consultant at ITS Global.
