The outlook for Australia’s energy and resource commodity exports continues to improve, boosted by infrastructure spending globally. :
Australia’s mining and energy exports are expected to have hit a record-high of $310 billion this financial year, underpinning the economy amid a turbulent period that included a worsening trade spat with China and a global pandemic, which hit business investment and retail spending. Federal government trade data to be released on Monday reveals the strong rise in export earnings.