Regulators in a soaring market
No-one who has been near a wharf in the last three years will be surprised at this month's trade deficit figures, the second-worse ever as Australians dig into the credit cards and home equity for every thing that China can stuff into an ISO box.
But now the Reserve Bank believes that our export earnings may be ready to surge, and not just because queues of ships off Dalrymple Bay mean we can charge a mint for coal (of which more later).
Recent surveys also...
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