AUSTRALIA

Resource, energy exports reach new high

INCREASED earnings from LNG, oil, iron ore and coal resulted in a 15% boost to the value of Australia's resource and energy exports in 2011 to a record $A190 billion, according to the latest Bureau of Resources and Energy Economics quarterly.

Marija Stojkovic

BREE executive director and chief economist Quentin Grafton said the record value of resources and energy exports in 2011 reflected increased earnings for the vast majority of resources and energy commodities....

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