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Showing 1 - 10 of 95 results for "Trade surplus"

New 100% tariffs on China: Another TACO moment?

KARREN VERGARA | TUESDAY, 14 OCT 2025

... exports have not altered the Communist Party behaviour one iota. Not at all," he said. "We saw Chinese exports and trade surplus at a record high. As much as tariffs are good for raising revenue and stabilising the fiscal situation, in terms of having ...

Chalmers looks to trade super pool for minerals with US

ELIZA BAVIN | THURSDAY, 27 FEB 2025

... hoping the US will return the favour by importing more Australian minerals. "The US has enjoyed an uninterrupted trade surplus with Australia since 1952, currently two-to-one. We impose zero tariffs on US imports," Chalmers said. "Around half of our ...

Emerging markets well placed for 2024

CHLOE WALKER | FRIDAY, 19 JAN 2024

Robeco and Principal Asset Management predict strong performance in emerging markets this year from a macroeconomic and valuation standpoint. According to new research by Robeco, the five-year expected return forecast for emerging markets is 8.25% ...

Australia can avoid recession: Outlook

CASSANDRA BALDINI | WEDNESDAY, 9 NOV 2022

Australia should be able to evade a recession, despite the high inflationary environment, AMP's Shane Oliver says. Amid dire, bleak, and gloomy economic outlooks, Oliver - AMP's head of investment strategy, economics, and chief economist - said if further ...

China records historic trade surplus

ANDREW MCKEAN | FRIDAY, 12 AUG 2022

China has posted a record high trade surplus after another month of strong exports; however, headline inflation continued its upward trend. Chinese exports exceeded market expectations again in July, supported by shipments to ASEAN and the European ...

Chief economist update: Thank you, my frenemy

BENJAMIN ONG | THURSDAY, 24 JUN 2021

... Preliminary estimates by the Australian Bureau of Statistics (ABS) show that the country's merchandise goods trade surplus expanded to a record $13.3 billion in May from $9.7 billion in the previous month. This was driven by a 1% increase in imports ...

Chief economist update: China and Australia's interdependence

BENJAMIN ONG | WEDNESDAY, 26 MAY 2021

... Preliminary estimates by the Australian Bureau of Statistics (ABS) show that the country's merchandise goods trade surplus expanded to A$10.1 billion in April - the third highest on record. Sure, April's trade surplus was mainly driven by a 7% ...

Chief economist update: ScoMo cannot miss new vaccination target

BENJAMIN ONG | TUESDAY, 13 APR 2021

... index reached an all-time high of 61.8 in the same month. Wait there's more. While Australia's international trade surplus declined in February, it's still in surplus. The country's surplus on goods and services to the tune of $7.5 million ...

Chief economist update: Yuan the victim of China's success

BENJAMIN ONG | FRIDAY, 15 JAN 2021

... of cases of infections in a number of countries. A smaller 6.5% year-on-year increase in imports sent China's trade surplus to a new record high of US$78.17 billion in December 2020. The yuan's sharp appreciation has prompted the South China ...

Chief economist update: It's looking up for the land down under

BENJAMIN ONG | WEDNESDAY, 25 NOV 2020

... million in October from the previous month. Betterer still and as the ABS reports: "For October there is a goods trade surplus of $4.84 billion (original, current price, merchandise trade basis)". This is despite Australian goods imports increasing by ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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