Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
The outlook for Australia's resources and energy exports in 2022-23 has been revised higher by AUD31 billion to AUD450 billion, according to the Department of Industry, Science and Resources in their latest quarterly assessment compared to their June assessment.
The surge in energy prices, notably liquefied natural gas (LNG), and a weaker Australian dollar drove the revisions, with the Department's Resources and Energy Quarterly revising 2023-24 exports higher by AUD38 billion compared to its June report.
LNG earnings in 2022-23 and 2023-24 have been revised up by AUD6 billion and AUD13 billion, respectively. Thermal coal earnings in 2022–23 and 2023–24 have been revised up by AUD18 billion and AUD7 billion, respectively. Iron ore earnings in 2023-24 have been revised up by AUD10 billion.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.