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

Jump in imports narrowed Australia’s goods trade surplus to $1.1bn in June quarter. Follow today’s news liveEV 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. Continue reading...