The Australian Bureau of Statistics (or ABS) unveiled international merchandise trade and suggests that Australia’s merchandise (goods) exports rose by 29 per cent for March 2020, which reflects a significant rise in exports from the resources sector.
- According to ABS, preliminary international trade figures, March 2020 witnessed an $8 million rise in international trade exports against the previous reporting period.
- The department also suggests that there was a large increase in the value of coal, gas, and petroleum exports along with a surge in export of non-monetary gold, particularly to Hong Kong and the United Kingdom.
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.
As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.