#Commodities
How will the economy Impact SMEs in 2017?
September 2016 was a mixed month for the Australian economy, and one that brought both incredible milestones and sudden, unexpected troughs. To begin with, the end of the month saw Australia complete its 100th consecutive quarter without a recession, continuing a 25-year growth streak that is the second highest in history. Given that this period […]
Strong economy but no budget surplus says Wayne Swan
Treasurer Wayne Swan has warned against expectations of a budget surplus despite the global recession economic recovery as tax receipts continue to be depressed.
Trade deficit narrows in January with imports down 3%
Australia’s trade deficit narrowed further in January and is expected to be in surplus by the end of 2010 as export prices for commodities continue to grow. Australia’s trade deficit for January came in at $1.176 billion, seasonally adjusted, down almost $1 billion from December’s figure, making it the narrowest trade deficit since June 2009’s […]