Sydney, Melbourne economic sinkholes engulf nation

Thursday, 21 November 2019

Last Friday, the Australian Bureau of Statistics (ABS) released its State Accounts for 2018-19, which contained some interesting data on the trade performance of Australia’s states and territories.

The summary charts for Australia’s major states are provided below:

And here’s the chart combining the above trade balances:

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.