Australia's coal and gas exports are expected to face up to a $68 billion hit due to a slowdown in global demand and reduced supply chain disruptions.
Australia’s coal and gas exports are expected to face up to a $68 billion hit due to a slowdown in global demand and reduced supply chain disruptions.
Commodity prices are projected to return to pre-pandemic values as markets stabilise following Russia’s invasion of Ukraine. Australia is set to generate a total of $459 billion in exports for the 2022-23 financial year, with that figure expected to drop to $391 billion by the next financial year.
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