OPERATIONS

LNG boosts Oz GDP, trade balance

THE Australian Bureau of Statistics data released yesterday confirms that strong LNG exports are a rare source of growth in Australia's economy.

Haydn Black

Oil and gas extraction rose by 5.1% over the 2016 March quarter, following the record $17 billion in LNG exports in 2015, while the current account deficit decreased by 8%, $1.84 billion to $20.8 billion...

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