Australia’s trade surplus plummets amid war and fuel crisisThe global impact of the war has driven the figure to a nine-year low.2 min read

7NEWS08-07

Australia has recorded its lowest quarterly trade surplus in almost a decade as the federal government raced to secure fuel cargoes during the Middle East oil crisis.Electric vehicle imports also ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2657662163?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-08-07 00:00","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2657662163","market":"nz","top_or_hot":-1,"title":"Australia’s trade surplus plummets amid war and fuel crisisThe global impact of the war has driven the figure to a nine-year low.2 min read","media":"7NEWS","content":"<div>\n<p>Australia has recorded its lowest quarterly trade surplus in almost a decade as the federal government raced to secure fuel cargoes during the Middle East oil crisis.Electric vehicle imports also ...</p>\n\n<a href=\"https://7news.com.au/news/us-iran-war-shrinks-australias-trade-surplus-as-government-secures-fuel-stores-c-22689424\">Source Link</a>\n\n</div>\n","source":"7news_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Australia’s trade surplus plummets amid war and fuel crisisThe global impact of the war has driven the figure to a nine-year low.2 min read</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAustralia’s trade surplus plummets amid war and fuel crisisThe global impact of the war has driven the figure to a nine-year low.2 min read\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-08-07 00:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://7news.com.au/news/us-iran-war-shrinks-australias-trade-surplus-as-government-secures-fuel-stores-c-22689424><strong>7NEWS</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Australia has recorded its lowest quarterly trade surplus in almost a decade as the federal government raced to secure fuel cargoes during the Middle East oil crisis.Electric vehicle imports also ...</p>\n\n<a href=\"https://7news.com.au/news/us-iran-war-shrinks-australias-trade-surplus-as-government-secures-fuel-stores-c-22689424\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SLF.AU","symbol_name":"SPDR S&P/ASX 200 LISTED PROP","start_time":0,"source_url":"https://7news.com.au/news/us-iran-war-shrinks-australias-trade-surplus-as-government-secures-fuel-stores-c-22689424","article_id":"2657662163","we_media_id":null,"thumbnails":[],"rights":{"source":"7news_stock","url":"https://7news.com.au/news/us-iran-war-shrinks-australias-trade-surplus-as-government-secures-fuel-stores-c-22689424","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2657662163","pubTimestamp":1786032000,"columns":[],"sourceInfo":{"source_id":"7news_stock","name":"7NEWS"},"weMediaInfo":null,"summary":"Australia has recorded its lowest quarterly trade surplus in almost a decade as the federal government raced to secure fuel cargoes during the Middle East oil crisis.Electric vehicle imports also surg","collect":0,"end_time":0,"defaultTopTitle":"7news.com.au","property":[],"viewcount":null,"language":"en","relate_stocks":{"SLF.AU":"SPDR S&P/ASX 200 LISTED PROP","LU2506951875.HKD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"CRH\" (HKDHDG) ACC","XKO.AU":"标普/澳交所 300指数","LU0690374615.EUR":"FUNDSMITH EQUITY \"R\" (EUR) ACC","LU0690374961.EUR":"FUNDSMITH EQUITY \"R\" (EUR) INC","LU0823417737.USD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"C\" (USD) INC","LU1037948897.HKD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (HKD) INC","DACE.AU":"DIMENSIONAL AUST CORE EQ","BEAR.AU":"BETASHARES AUS EQ BEAR HF","LU0950375773.USD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"C\" (USD) INC A","STW.AU":"SPDR® S&P/ASX 200 ETF","LU0965508806.USD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (USD) INC","OZF.AU":"SPDR S&P/ASX 200 FINANCIALS","BK4585":"ETF&股票定投概念","IOZ.AU":"iShares Core S&P/ASX 200","LU0545562505.USD":"NINETY ONE GSF GLOBAL QUALITY DIVIDEND GROWTH \"A\" (USD) INC","OZR.AU":"SPDR S&P/ASX 200 RESOURCES F","LU0965509283.SGD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (SGDHDG) INC","EIGA.AU":"EINVEST INCOME GENERATOR FD","IMLC.AU":"INV MUTUAL CONC AUS SHAR ETF","LU0345774631.USD":"NINETY ONE GSF AMERICAN FRANCHISE \"A\" (USD) INC","IE00BFXG0V08.USD":"BNY MELLON GLOBAL LEADERS \"B\" (USD) ACC","LU1934455194.USD":"AB SICAV I LOW VOLATILITY TOTAL RETURN EQUITY PORT \"A\" (USD) ACC","IIGF.AU":"Intelligent Investor Australian Equity Growth Fund (Managed Fund)","BK4528":"SaaS概念","ADP":"自动数据处理","BK4613":"AI应用软件","LU0823417653.USD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"C\" (USD) ACC","BK4106":"数据处理与外包服务","LU1934455863.HKD":"AB SICAV I LOW VOLATILITY TOTAL RETURN EQUITY PORT \"A\" (HKD) ACC","GB00B4QBRK32.GBP":"FUNDSMITH EQUITY \"R\" (GBP) INC","IISV.AU":"INTELL INV SELVAL SHR FD MF","LU0289941410.SGD":"AB FCP I Dynamic Diversified AX SGD","VAS.AU":"VANGUARD AUST SHARES IDX ETF","QFN.AU":"BetaShares Australian Fincls Sect ETF","BK4588":"碎股","E200.AU":"SPDR S&P/ASX 200 ESG FUND","GEAR.AU":"BETASHARES GEARED AUS EQTY F","GIVE.AU":"PERPETUAL ESG AU SHR EQMF","VAP.AU":"VANGUARD AU PROP SEC IDX ETF","XAO.AU":"标普/澳交所 普通股指数","LU1236620750.USD":"HSBC GIF GLOBAL SUSTAINABLE LONG TERM DIVIDEND \"AM2\" (USD) INC","QRE.AU":"BetaShares Australian Res Sect ETF","LU2404859667.USD":"FUNDSMITH EQUITY FUND \"R\" (USD) ACC","LU1221951046.USD":"NORDEA 1 STABLE RETURN \"HM\" (USDHDG) INC","LU1221951129.SGD":"NORDEA 1 STABLE RETURN \"HM\" (SGDHDG) INC","LU1236620834.HKD":"HSBC GIF GLOBAL SUSTAINABLE LONG TERM DIVIDEND \"AM2\" (HKD) INC","XJO.AU":"标普/澳交所 200指数","BBOZ.AU":"BETASHARES AUSTRALIAN STRONG BEAR (HEDGE FUND)","ZYAU.AU":"Etfs S&p/asx 300 High Yield Plus Etf"},"translate_title":"战争和燃料危机导致澳大利亚贸易顺差暴跌战争的全球影响已将这一数字推至九年来的最低点。阅读时间：2分钟","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DACE.AU":0.6,"QFN.AU":0.6,"ZYAU.AU":0.6,"SLF.AU":0.6,"EIGA.AU":0.6,"IMLC.AU":0.6,"IOZ.AU":0.6,"OZR.AU":0.6,"BBOZ.AU":0.6,"QRE.AU":0.6,"STW.AU":0.6,"GIVE.AU":0.6,"XKO.AU":1.5,"E200.AU":0.6,"GEAR.AU":0.6,"XJO.AU":1.5,"BEAR.AU":0.6,"ADP":1,"VAS.AU":0.6,"VAP.AU":0.6,"XAO.AU":1.5,"IISV.AU":0.6,"OZF.AU":0.6,"IIGF.AU":0.6},"content_text":"Australia has recorded its lowest quarterly trade surplus in almost a decade as the federal government raced to secure fuel cargoes during the Middle East oil crisis.Electric vehicle imports also surged as the US-Iran conflict drove up petrol prices and sent motorists flocking to Chinese manufacturers such as BYD.The jump in imports narrowed Australia’s goods trade surplus to $1.1 billion in the June quarter, the lowest figure since 2017, Australian Bureau of Statistics figures showed on Thursday.Know the news with the 7NEWS app: Download today ArrowThe Albanese government’s deal-making blitz to secure supplies from Australia’s fuel trading partners was evident in country-specific data.Over the quarter, total imports rose 77.5 per cent from South Korea ($4.7 billion), 63.6 per cent from Malaysia ($2.7 billion), and 60.5 per cent from Brunei ($0.7 billion), Commonwealth Bank economist Harry Ottley said.Imports from Nigeria rose from basically nothing to almost $600 million.“Car imports also rose materially in the quarter (28.2 per cent), likely reflecting the surge in demand for electric vehicles,” Ottley said in a research note.Australia’s trade surplus has plummeted to a nine-year low after the federal government imported fuel to shore up reserves. Credit: Dan Himbrechts/AAPBattery electric vehicle sales more than doubled in the June quarter to 69,414, data from the Australian Automobile Association showed.On the other hand, imports of automated data processing (ADP) equipment — including equipment used to fit out AI data centres — fell by more than a quarter in the three months to June following a surge at the start of 2026.Be the first to know: Add 7NEWS as your preferred news source on GoogleTelecommunications equipment imports, which also include equipment for data centres, were broadly flat.“Together, these moves point to an easing in data centre investment momentum in the June quarter,” Westpac senior economist Pat Bustamante said.The blitz of deals to import fuel increased imports from countries such as South Korea, Malaysia and Brunei by more than 60 per cent in the past quarter. Credit: Dean Lewins/AAPStill, ADP imports were more than a quarter higher than a year prior.Despite the decline in the quarterly trade surplus, the trade balance increased $4.3 billion in the month of June, above forecasts.That was largely driven by a 60 per cent jump in non-monetary gold exports, reversing a 35 per cent decline in May.ETF platform Global X  investment strategist Justin Lin said gold overtook coal to become Australia’s second-largest export, despite the price of the precious metal remaining about 20 per cent below its all-time high.Gold miners surged on the Australian stock exchange, while copper miners also extended gains as the industrial metal remained near record highs.“As volatility returns to the AI hardware trade, investors may also be viewing Australia as something of a safe harbour, given the local market’s relatively limited exposure to the sector,” Lin said.Family $10k out of pocket after ‘bitumen bandit’ scam1 min readHow many Australians believe they will need a ‘career plan B’3 min read","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.47.1","shortVersion":"4.47.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2657662163","isCrawlerRequest":true}