China iron ore drive delivers $9bn boost
Surging iron ore prices fuelled by high demand from China would deliver a $9bn boost to economic growth and $1.2bn in increased revenue.
Surging iron ore prices fuelled by high demand from China would deliver a $9bn boost to economic growth and $1.2bn in increased revenue.
Scott Morrison has declared Australia’s trade with China ‘has never been stronger’.
Scott Morrison has declared Australia’s trade with China ‘has never been stronger’, describing the economic relationship with Beijing as “mutually beneficial”.
Unemployment is forecast to peak in December, while the largest budget deficit since WWII looms, the Treasurer says.
The pandemic will saddle the nation with a $850bn gross debt bill and a combined budget blowout of almost $280bn by mid-next year.
Australia must consider imposing economic and diplomatic sanctions to us from mass cyber attacks, according to the expert security strategy panel.
Scott Morrison will roll out more than $20bn in lower JobKeeper and JobSeeker payments to shield the economy and protect businesses.
The Electric Vehicle Council has claimed that 1700 Australians are dying every year from ‘air pollution from motor vehicles’.
Australia’s ‘slow and cumbersome’ environmental laws will be radically overhauled in a move to streamline regulations.
Australia’s major banks will extend loan repayment relief as Victoria’s COVID-19 outbreak delays the economic recovery.
Original URL: https://www.theaustralian.com.au/author/geoff-chambers/page/188