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Market Impact: 0.35
Australia Sees Global Commodity Woes Lifting Export Income by 5%
Source: Bloomberg
Commodities & Raw MaterialsEnergy Markets & PricesTrade Policy & Supply ChainEmerging Markets
Australia's resource and energy export revenue is forecast to rise nearly 5% in the year through June, supported by strong commodity prices. The outlook remains exposed to China, Australia's largest trading partner, where a prolonged property-sector crisis could weigh on underlying demand.
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