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Trade surplus hits record high as Aussies go bust

August 4, 2022 - 14:39 -- Admin

Today, the ABS recorded the largest trade surplus in Australia’s history. In June, Australia’s trade surplus rose to $17,670 billion, up 66% year-0n-year: As expected, Australia’s giant surplus was driven by LNG and coal exports, which both soared to record highs: This follows a gigantic rise in prices owing to the Russia-Ukraine war: Sadly, the

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