Australia books record high trade surplus as coal and gas offset fall in iron ore

Gerard Cockburn
Updated October 5 2021 - 7:10pm, first published 7:00pm
Australia's trade surplus has reached new highs. Picture: Shutterstock
Australia's trade surplus has reached new highs. Picture: Shutterstock

Soaring demand for coal and gas exports has fuelled a trade surplus boom, offsetting the dramatic fall in iron ore spot prices following a cool-off from China.

Subscribe now for unlimited access.

$0/

(min cost $0)

or signup to continue reading

See subscription options
Gerard Cockburn

Gerard Cockburn

Economics Reporter

Get the latest Orange news in your inbox

Sign up for our newsletter to stay up to date.

We care about the protection of your data. Read our Privacy Policy.