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January 2, 2020

Australia’s resource and energy commodity export earnings at record high levels

Australia’s resource and energy commodity exports in 2019–20 are forecast to set a record of $281 billion, driven by higher export volumes and a lower-than-expected Australian dollar. The headline figures mask divergent outlooks for different commodity markets, and the diversity of Australia’s commodity outputs provides us with some important benefits. It hedges our economy against swings...
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