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australian exports – XtremeCuztoms

Category: australian exports

Save the Timber for Australia, Not Beijing

Commentary Dictatorships don’t make concessions unless they are forced to do so. They don’t make concessions as a unilateral goodwill gesture. Their concessions are only ever made out of self-interest. Therefore one can safely assume that the lifting of the ban on Australian timber exports to China, which was so spuriously imposed by the communist…


‘Ewe-Turn’ Needed on Live Export Ban

Commentary The Australian federal government needs to reverse its disastrous policy to ban live sheep exports. The Labor party of today seems more beholden to inner-city green elites than the workers who serve in the sheep industry and were the spiritual founders of their party. The many shearers and farm workers who founded the union…


IMF Calls Australian Economy a ‘Success Story’

The International Monetary Fund Mission Chief of Australia has said the Australian economy remains a global “success story” despite the recent setbacks from widespread lockdowns. Based in Washington D.C., Harald Finger told The Australian that he expected a contraction in the September quarter. But he believed it would be quickly followed by a “quick bounce-back”…


Australian Exports Records Historic High Despite Beijing’s Economic Coercion

Australian exports reached a historic high of $36 billion (US$28 billion) in April on the back of skyrocketing iron ore prices. Preliminary monthly trade data from the Australian Bureau of Statistics (ABS) also reveals that Australia’s trade goods surplus rose to $10.1 billion (US$7.9 billion), the third-highest on record. “Exports remained steady, increasing $12.6 million…


China’s Ban on Australian Exports Requires a Unified Response by Allies, Especially the US and Canada

Commentary Allies really shouldn’t throw each other under the bus when it comes to China. Just the opposite. China banned Australian coal exports in October, and over the next five months, those exports dropped from over 3 million tons per month, to zero. American coal producers lifted some of those sales, with quantities sold increasing…


Chinese Demand For Australian Iron Ore Still Booming Despite Trade Tensions

Australian iron ore exporters aren’t feeling any effects of Beijing’s ongoing economic sanctions against Australian exports, as China’s colossal demand for the mineral drive prices up to a 10-year high. Rio Tinto, an iron export giant, said their Australian iron ore assets had excellent operating performance in the first quarter of 2021. In the report…