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Australia: Coal exports forecast to smash record with value set to break $100 billion this financial year

Australian coal is set to become the second commodity ever to crack $100 billion in annual exports, according to the latest Resources and Energy Quarterly report from the federal government. The report stated that combined coal exports were expected to reach $110 billion this financial year, after prices for metallurgical coal hit “historic highs” in .

Finance Minister Simon Birmingham tight-lipped on fuel excise but Matt Canavan hits back at panicked reactions

Finance Minister Simon Birmingham has refused to rule out cutting the fuel excise to alleviate cost of living pressures, but Nationals Senator Matt Canavan has urged against “panicked reactions”.

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