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Reserve Bank Assistant Governor Brad Jones has warned there is "no historical precedent" to guide the RBA's response to present "shocks," as Australia looks set to face more volatility in interest rates.
Friday, 28 May 2021 02:28 PM MYT Australia on Friday moved ahead with a World Trade Organization case against Chinese tariffs on barley imports. — Reuters pic Subscribe to our Telegram channel for the latest updates on news you need to know. SYDNEY, May 28 — Australia on Friday moved ahead with a World Trade Organization case against Chinese tariffs on barley imports, as strains between the two countries showed little sign of abating. Trade Minister Dan Tehan said Canberra would ask the WTO to establish a dispute settlement panel to look at the case, the next step in a bid to get the tari...
China-Australia relations: Beijing blocks ‘premature’ move to set up WTO probe into Australian barley tariffs China imposed an 80.5 per cent tariff on Australia’s barley exports in May last year following the conclusion of an 18-month investigation Australia filed a complaint with the World Trade Organization (WTO) in November, but China rejected the request to form a panel on Wednesday – a move that will only delay the process