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Australia news live: Surge in EV demand and fuel diplomacy push send trade surplus to nine-year low

Australia news live: Surge in EV demand and fuel diplomacy push send trade surplus to nine-year low

theguardian.com 07.08.2026 02:19 8 baxış
Jump in imports narrowed Australia’s goods trade surplus to $1.1bn in June quarter. Follow today’s news liveFormer ABC executive says Race Around the World clip about Rinehart not a breach, but worthy of apologyAlan Sund

10m ago00.49 CESTEV imports more than doubled in June quarterElectric vehicle imports have also surged as the US-Iran conflict drove up petrol prices and sent motorists flocking to Chinese manufacturers like BYD, AAP reports.Battery electric vehicle sales more than doubled in the June quarter to 69,414, data from the Australian Automobile Association showed.On the other hand, imports of automated data processing (ADP) equipment – including equipment used to fit out AI datacentres – fell by more than a quarter in the three months to June after a surge at the start of 2026.Share

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