Quote Originally Posted by Panda-NZ- View Post
I'm hearing things though the grapevine that the australian economy is going to be in difficulty soon. They started a trade war with china a few months ago and the second covid lockdown in victoria is an added challenge for them.

Our main risk is to do with trade and hopefully we can do more of the digital services exports in the US/Europe. food is something everyone needs and our competition is mainly in south america this time of year which is doing poorly. Premium prices for our food exports maybe?
Sure are... some pretty strong retoric coming out against the Ozzies.

China were going to impose additional 'inspections' on every ship of iron ore, likely a move to covertly play the trade war game. They pulled back when COVID starting to hit Brazil, at the momment they need ozzy for the ore (but expect that to change). At the moment they dont have an alternative trade partner to coking coal (neither India nor the US would be interested in selling to them). Find some big reserves in Africa and they're in real trouble...