Australian exports surged in August on strong demand from China and Japan for commodities such as iron ore and coal, which economists said bodes well for economic growth after a string of patchy numbers in recent weeks.
Buying from Asia for metal ores and minerals through to coke and coal meant Australia posted a seasonally adjusted trade surplus of $3.1 billion in August, the highest since June 2010, compared with a surplus of $1.82bn in July, the Australian Bureau of Statistics said……………………………………….Full Article: Source