Australia news live: Surge in EV demand and fuel diplomacy push send trade surplus to nine-year low
Jump in imports narrowed Australia’s goods trade surplus to $1.1bn in June quarter. Follow today’s news liveEV imports more than doubled in June quarterElectric vehicle imports have also surged as the US-Iran conflict drove up petrol prices and sent motorists flocking to Chinese manufacturers like BYD, AAP reports. Continue reading...
Generated by Pulse AI, Glideslope's proprietary engine for interpreting market sentiment and economic signals. For informational purposes only — not financial advice.