Original article by Vera Sprothen, James Glynn
The Australian – Page: 16 : 7-Jan-15
New figures show that Australia posted its eighth successive monthly trade deficit in November 2014. The trade deficit of $A925m compares with a revised deficit just $A877m for October. Deutsche Bank economist Phil O’Donaghoe says the trade surpluses posted in 2010 and 2011 were an anomaly and the nation has returned to its "normal" trend for the balance of trade to be in deficit
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DEUTSCHE BANK AG, HSBC AUSTRALIA HOLDINGS PTY LTD, BARCLAYS BANK PLC
