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