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Official Intrest Rates, Trade Balance, Major Mncs
Official Intrest Rates, Trade Balance, Major Mncs
The Reserve Bank of Australia lowered its cash rate by 25 bps to a new record low
of 0.75 percent during its September meeting, the third rate cut this year, aiming
to support employment and income growth and to provide greater confidence
that inflation will be consistent with the medium-term target. Policymakers also
signalled the need for an extended period of low interest rates, while saying the
central bank is prepared to ease monetary policy further if needed. Interest Rate
in Australia averaged 4.25 percent from 1990 until 2019, reaching an all time high
of 17.50 percent in January of 1990 and a record low of 0.75 percent in October
of 2019.
It is calculated by subtracting the value of the goods and services Australia buys
from overseas from the value of the goods and services we sell to other countries.
In the latest reports, Australia's Total Exports reached 27.8 USD bn in Aug
2019, an increase of 10.1 % year on year. Total Imports recorded 23.8 USD
bn in Aug 2019, an increase of 0.2 % year on year.
AUG2019
View Australia's Trade Balance from Jul 1971 to Aug 2019 in the chart:
Related Indicators for Australia Trade Balance
Jul 1972
Total Exports Growth 10.1 15.6 - Aug
(%) monthly Jul 1972 - Aug monthly 2019
2019 %Aug 2019 %Jul 2019
Updated on
2019-10-03
1980 -
Forecast: Exports of 3.056 3.083 2024
Goods Growth (%) yearly
yearly 1980 - 2024 %2024 %2023 Updated on
2019-10-15
Jul 1972
Total Imports Growth 0.2 0.7 - Aug
(%) monthly Jul 1972 - Aug monthly 2019
2019 %Aug 2019 %Jul 2019
Updated on
2019-10-03
Jul 1971
Trade Balance: Goods 6,383.000 6,544.000 - Aug
& Services (AUD mn) monthly 2019
monthly Jul 1971 - Aug AUD mnAug AUD mnJul
2019 2019 2019 Updated on
2019-10-03
Jul 1971
Trade Balance: sa: 5,926.000 7,253.000 - Aug
Goods & Services (AUD monthly 2019
mn) monthly Jul 1971 - Aug AUD mnAug AUD mnJul
2019 2019 2019 Updated on
2019-10-03
Foreign Trade Last Previous Frequency Range
Jul 1971
32,53- 34,05-
Export: sa: Goods (AUD 3.000 - Aug
0.000
mn) monthly Jul 1971 - Aug monthly 2019
2019 AUD mnAug AUD mnJul
2019 2019 Updated on
2019-10-03
Jul 1971
35,33- 36,45-
- Aug
Import: Goods & 4.000 8.000
monthly 2019
Services (AUD mn)
monthly Jul 1971 - Aug AUD mnAug AUD mnJul
2019 2019 Updated on
2019 2019-10-03
Jul 1971
26,60- 27,46-
Import: Goods (AUD mn) 9.000 - Aug
3.000
monthly Jul 1971 - Aug monthly 2019
2019 AUD mnAug AUD mnJul
2019 2019 Updated on
2019-10-03
Jul 1971
Import: Services (AUD 8,725.000 8,995.000 - Aug
mn) monthly Jul 1971 - Aug monthly 2019
AUD mnAug AUD mnJul
2019
2019 2019 Updated on
2019-10-03
Jul 1971
Import: sa: Goods & 35,05- 35,19-
- Aug
Services (AUD mn) 6.000 3.000
monthly 2019
monthly Jul 1971 - Aug
AUD mnAug AUD mnJul
2019 Updated on
2019 2019
2019-10-03
Jul 1971
Import: sa: Services 8,653.000 8,489.000 - Aug
(AUD mn) monthly Jul 1971 monthly 2019
AUD mnAug AUD mnJul
- Aug 2019
2019 2019 Updated on
2019-10-03
Jul 1971
Export: Services (AUD 8,375.000 8,153.000 - Aug
mn) monthly Jul 1971 - Aug monthly 2019
AUD mnAug AUD mnJul
2019
2019 2019 Updated on
2019-10-03
Jul 1971
Export: sa: Goods & 40,98- 42,44-
- Aug
Services (AUD mn) 2.000 6.000
monthly 2019
monthly Jul 1971 - Aug
AUD mnAug AUD mnJul
2019 Updated on
2019 2019
2019-10-03
Jul 1971
Export: Goods & 41,71- 43,00-
- Aug
Services (AUD mn) 7.000 2.000
monthly 2019
monthly Jul 1971 - Aug
AUD mnAug AUD mnJul
2019 Updated on
2019 2019
2019-10-03
Foreign Trade Last Previous Frequency Range
Jul 1971
33,34- 34,84-
Export: Goods (AUD mn) 2.000 - Aug
9.000
monthly Jul 1971 - Aug monthly 2019
2019 AUD mnAug AUD mnJul
2019 2019 Updated on
2019-10-03
Jul 1971
Export: sa: Services ,449.000 8,396.000 - Aug
(AUD mn) monthly Jul 1971 monthly 2019
AUD mnAug AUD mnJul
- Aug 2019
2019 2019 Updated on
2019-10-03
Major MNC’S
Business in Australia has often dictated the way things are done in other major
countries. Exerting a powerful effect on the world of finance, the Great Down
Under has proven its influence time after time. Having a crucial foothold in every
business sector has granted Australia great pull in the corporate world. Here are
our top 10 companies in Australia in 2019 that prove this boast.
10.Wesfarmers (WES)
10.Wesfarmers (WES)
The tenth largest company on the ASX, with a market capitalisation of almost $37
billion, is Perth’s Wesfarmers Ltd. Specialising in several different commercial
areas, Wesfarmers owns retail chains, operates mines, writes insurance, produces
industrial products and distributes liquefied petroleum, amongst other activities.
Having driven EPS growth of over 5% in 2017/18, Wesfarmers is generally a high-
yielding defensive stock, delivering last year a gross 12 month yield of 9.82%.
Conclusion
Excellence never shone this bright where Australia’s corporate future is
concerned. With ideal footholds, history, consistency, and a growth projection
that often aims for the stars, the top 10 companies in Australia in 2019 are not
just going places; they are also redefining industry standards along the way.