1887

The Trade of Commonwealth Countries

The year 1969–70 was again one of boom for Australian exports and production, although the domestic scene was marred to some extent by growing inflationary problems. Despite drought, low wool prices and the marketing problems which affected most rural products, the strong growth in exports continued so that an all time record was reached. Even with difficulties in regard to wool and the constraints of marketing problems on the wheat side, the value of rural production in 1969–70 was estimated to have been only 4 per cent less than the record total of 1968–69.

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