Australia’s Top Merchandise Trade and Trade Partners

The Department of Foreign Affairs and Trade of Australia released the Composition of Trade Australia 2010 report today. The following are some of the key takeaways from the report: In 2010, China was the largest trade partner of Australia with total trade growing 23.6% to over A$100 billion for the first time which lead to …

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Australia’s Awesome Four Banks

Australia’s four leading banks have reported strong earnings for the six months to March this year. With National Australia Bank’s reported profits of A$2.67 billion for half-year, the four banks’ combined total profits is a record $12 billion as shown in the graphic below: Source:News.com.au In addition to rising profits, NAB and rivals have announced …

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Five Australian Stocks Yielding Over 5% Dividends

Often called as “the Lucky Country”  Australia is blessed with plenty of natural resources and wonderful weather. Similar to the Canadian banking system, the Australian banking system is stable and was least affected during the financial crisis.Australia has many of the commodities such as coal that the growing economies of China and India desperately need. …

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The 10 Most Profitable Australian Companies

The 10 most profitable publicly-listed Australian companies that appear in the Forbes Global 2000 list for 2010 are listed below: [TABLE=564] Westpac Banking Group(WBK),ANZ Banking (ANZBY), National Australia Bank (NABZY) and Commonwealth Bank of Australia(CMWAY) are in this list.Telstra Corp (TLSYY) currently pays over10% in dividends. Forbes listed mining giant BHP Billiton which made a …

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