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Showing 31 - 40 of 531 results for "imports"

Chief economist update: Australia needs China more than it needs us

BENJAMIN ONG  |  FRIDAY, 22 MAY 2020
... Australia called for an inquiry into COVID-19, offending China and sending it into retaliation mode - Beijing banned beef imports from Australia's four biggest "killing fields" on May 12, slapping an 80% tariff on barley imports on May 18 (will not ...

Chief economist update: Border brawl

BENJAMIN ONG  |  THURSDAY, 21 MAY 2020
... with China, there's one building right inside our very borders. Canberra's worried that Beijing's ban on beef imports, increased tariff on barley could extend to boycott of Australia's education and tourism sectors. For sure and for certain ...

Chief economist update: China's beef with Australia

BENJAMIN ONG  |  WEDNESDAY, 13 MAY 2020
... coronavirus and, just in, a brewing trade war with China - its biggest trading partner. China has recently banned meat imports from Australia, citing violations of quarantine and custom standards. The ban on beef came soon after China's Ministry ...

Calls for super funds, government to collaborate on energy security

KANIKA SOOD  |  THURSDAY, 23 APR 2020
... topped up its reserve. It will be initially stored in the United States for 10 years. Australia is heavily reliant on imports to meet its oil needs and, at December end, had only 55 days-worth of fuel, according to the Australian Petroleum Statistics. ...

Chief economist update: COVID-infected Aussie stats trickle in

BENJAMIN ONG  |  WEDNESDAY, 8 APR 2020
... account remains in surplus. But details show this was because of a 5% drop in exports over the month and a 4% decline in imports. International lockdowns have practically closed down export markets for Australian products, no matter how cheap the Australian ...

Chief economist update: Australian recession here we come

BENJAMIN ONG  |  WEDNESDAY, 18 MAR 2020
... are banned from leaving or entering national domiciles. Economics 101 dictates that the A$'s depreciation would make imports more expensive, boosting domestic earnings (substitution effect) and improve company earnings via its translation effects. ...

Chief economist update: Coronaphobia sickens Japan

BENJAMIN ONG  |  MONDAY, 9 MAR 2020
... by 3.7% and while net exports contributed 0.5 percentage points to fourth quarter GDP, this is due to a 10.1% tumble in imports and a 0.4% decline in exports. That was bad then...and that was before coronaphobia. Recent reports that Japanese real wages ...

Chief economist update: COVID-19 could hit Australia with triple whammy

BENJAMIN ONG  |  FRIDAY, 14 FEB 2020
... from the drop in commodity prices hit by the slowing China growth outlook. China is also Australia's top source of imports - 20.4% of total - consisting mainly, engineering products, including office and telecommunication equipment and parts, computers ...

Chief economist update: Coronavirus infects oil market

BENJAMIN ONG  |  TUESDAY, 4 FEB 2020
... with China as its epicentre - the world's biggest oil importer, accounting for around 20% of total world crude oil imports. The disruption to "life" caused by the epidemic is expected to slow the Chinese economy's growth - reportedly to 5.0%-5.4% ...

Chief economist update: Phase one deal signed, sealed and delivered

BENJAMIN ONG  |  THURSDAY, 16 JAN 2020
... Chinese goods (that was due to be applied last 15 December 2019), not lifting the 25% tariff on US$250 billion Chinese imports and, cutting the tariff on US$120 billion in imports from China in half to 7.5%... with Trump promising "to take those tariffs ...