Queensland exports led by a rebound in coal sales and elevated liquefied natural gas shipment help propel Australia to a record trade surplus of $5.75 billion in seasonally adjusted terms according to data released by the Australian Bureau of Statistics (ABS). Read more.
The Chamber of Commerce and Industry Queensland (CCIQ) has welcomed the Reserve Bank of Australia’s (RBA) decision to lower the official cash rate to 1.00% recognising the challenges in the domestic economy. Read more.
Queensland Engineering Construction Rising But Not Reflective of Political Infrastructure Rhetoric: CCIQ
The level of Queensland engineering construction data for the March quarter lifted by $1.375 billion to $4.878 billion as private activity in the resources industry boosted the sector according to the latest data released by the Australian Bureau of Statistics. Read more.
Out to 2022, the global uptake of drones – in agriculture, defence and health industries – is expected to power an expansion of the global unmanned aerial systems (UAS) market. Australia is well placed to benefit. Read more.