Dossier
Department of Industry, Science and Resources
Coverage of Department of Industry, Science and Resources in the Nexus archive.
- Australia expects to gain extra US$26 billion from exports after Iran war raises prices
Australia forecasts an A$38 billion (US$26 billion) increase in export income due to rising commodity and energy prices linked to the war in Iran. The Department of Industry, Science and Resources projects resources exports to reach A$416 billion by June 2027, assuming trade disruptions persist until June 2026.