Senate debates

Thursday, 5 December 2019

Questions without Notice

Trade

2:30 pm

Photo of Simon BirminghamSimon Birmingham (SA, Liberal Party, Minister for Trade) Share this | Hansard source

On Tuesday this week we had new ABS data which showed that Australia posted a record $21.1 billion trade surplus for the 29 September quarter. This is the highest quarterly trade surplus Australia has ever posted. It showed the highest ever quarterly goods exports of $103.5 billion and the second highest quarterly services exports of $24.8 billion. On top of that, the ABS released only a few hours ago another monthly set of trade figures showing yet another monthly trade surplus for Australia of $4.5 billion.

States are seeing good gains. Across New South Wales, Victoria, Tasmania, ACT and my home state of South Australia there's an increase of nine per cent in their latest export data. That's some 22 consecutive months, and in celebrating such successful businesses such as Populous—our Australian exporter of the year—a Brisbane-based architecture company which is designing stadiums, such as Yankee Stadium— (Time expired)

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