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Australia – Aug external trade
06/10/2015 10:10 am MYT
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In seasonally adjusted terms, the balance on goods and services recorded a deficit of A$3,095 mln in Aug, a 10.9% increase from the preceding month. This was the 17th monthly deficit in a row– see table 1.

Year-on-year, exports edged up by 0.6%, after a 1.0% decline in the preceding month. The increase was due mainly to higher non-monetary gold exports, which surged by 41.6%. On the other hand, imports continued to increase by 8.3% in Aug – see figure 1.

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Note from Publisher
Despite being a multi-racial, multi-cultural, and multi-religious society, Malaysia has largely been a peaceful country. This is a great achievement in light of a world that is being ravaged by multiple conflicts. Unfortunately, certain individuals and groups have hated this precious social fabric of the country and are making every effort to tear it apart. People say “you never know what you have until you lose it”. We really hope these selfish and irresponsible people will come to their senses before it is too late.

Nevertheless, it is heartening to see that the Malaysian media and civil society organisations have collectively launched a campaign called “Maaf Zahir Batin Hari Hari” or known as #MZB365 to help heal a dividing Malaysia. Carrying the meaning of “please forgive my wrongs, both thoughts and deeds”, the campaign will run for one whole year. This initiative could not have come at a better time. We believe the majority of Malaysians still treasure the country’s unique social fabric. With #MZB365, hopefully the silent majority can have a bigger voice to counter the destructive noises of the divisive minority.
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