The Future of Australian Industry in the Global Economy (HSC SSCE Economics): Flashcards
📚Flashcards
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Practise the cards
10 cards from this deck
LNG export earnings in 2022-23
LNG export earnings in 2022-23
Over $90 billion
Natural gas role in emissions reduction
Natural gas role in emissions reduction
Transition energy source (lower emissions than coal)
Australia's global ranking for lithium exports
Australia's global ranking for lithium exports
World's largest lithium exporter
Why iron ore demand will remain strong
Why iron ore demand will remain strong
No substitute products available
Resources/energy export earnings (6 yrs from 2022-23)
Resources/energy export earnings (6 yrs from 2022-23)
More than $2 trillion
Expected growth in battery demand by 2050
Expected growth in battery demand by 2050
Forty-fold increase
International education export value (pre-pandemic)
International education export value (pre-pandemic)
$30 billion per year
Digital services export projection by 2030
Digital services export projection by 2030
$19 billion
Manufactured exports growth (3 decades to 2023)
Manufactured exports growth (3 decades to 2023)
From less than 40 billion
Australia's largest service export before COVID-19
Australia's largest service export before COVID-19
Tourism