Friday, May 17, 2024
Friday, May 17, 2024
HomeNewsOther NewsAustralia News Today: China Coal Ban; NZ Housing Slump; Supply Chain Risks

Australia News Today: China Coal Ban; NZ Housing Slump; Supply Chain Risks

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Hi all, it’s Jackie here in Sydney. I hope you had (or are still having) a restful break. We’re looking at how China is considering easing its ban on Australian coal imports. But first…

Today’s must-reads:
• New Zealand’s property slump extends
• Chalmers sees China’s Covid spike hitting supply chains
• Aussie stocks tipped for muted start as investors assess Fed minutes

Coal talks. China is weighing plans to resume some imports of Australian coal after a more than two-year ban as ties between the nations improve. The National Development and Reform Commission held talks Tuesday on proposals to allow four major importers to make new purchases this year, people familiar said.

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