Economics

Australia Sees Commodities Boom Lifting Exports to Fresh Record

  • Income set to rise 3.5% in year through June before dropping
  • Energy commodities benefiting as nations avoid Russian supply

An empty coal train heads towards the coal mines outside of Singleton, New South Wales, Australia.

Photographer: Brendon Thorne/Bloomberg
Lock
This article is for subscribers only.

Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.

Australia’s minerals exports are set to reach unseen heights for a second year, as a global crunch lifts the value of the nation’s coal and natural gas.