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Last week, the ABC published the following table showing Australia’s most valuable goods exports:
Since Australia doesn’t manufacture much anymore, mining, energy, and agricultural goods comprise virtually all of Australia’s goods exports. All of these exports are produced in regional Australia, not the capital cities.
The only services exports of note are education and tourism-related.
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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.