Trade

Originally introduced in the country by US chain Outback Steakhouse, experts say the dish's meteoric rise proves there are big export opportunities in South Korea for "truly authentic" Aussie products.

There are genuine concerns the world's largest economy is heading toward a recession, and the fear is gripping global financial markets.

The United States' cattle herd is at its lowest level since the 1950s. But its "insatiable appetite" for hamburgers hasn't changed, and that's causing ripples through the global beef trade. 

Once considered a luxury, avocados have stayed cheap throughout the cost-of-living crisis. But while consumers are cheering, farmers are looking to other markets to absorb an oncoming glut.

Australia has done exceptionally well riding the boom in the Chinese economy. But the political and economic uncertainty surrounding the world's two biggest economies — the US and China — points to tougher times ahead.

Laos built about 80 hydropower dams on the Mekong River and its tributaries with the goal of becoming South-East Asia's "battery". But the revenue from the infrastructure is yet to flow through and the debt repayments are mounting up.

Financial markets are pricing in a victory for Republican presidential candidate Donald Trump, with further all-time highs on the US stock market expected under a Trump presidency.

Donald Trump looks ever more likely to return to the White House and, while commentators focus on deep political and social divisions in the US, a Trump victory will also have far-reaching global economic and market ramifications.

As more eco-conscious fashionistas move away from fast fashion, a new trade deal with India has created more market potential for Australia's sustainable cotton and wool industry.

Rob Egerton-Warburton, who has farmed for nearly 30 years running 20,000 merino sheep in the industry's WA heartland, says now that the live export ban is legislated the industry should look to fresh opportunities to survive.

One bite was all it took for an Australian cattle breeder to become an industry leader in world beef heavyweight Brazil.

A federal inquiry into the government's plan to ban the live export of sheep from Western Australia backs the bill in its initial report handed down on Friday and calls for more funding for the industry. 

Sheep farmers are fighting to keep the live export industry going, as a parliamentary inquiry delves into the looming ban on the trade.

As Premier Li Qiang leaves the country tonight, trade Minister Don Farrell speaks to Sarah Ferguson about the ongoing diplomatic relationship with China.

Trade Minister Don Farrell says Australian rock lobster will soon be back on Chinese plates but claims the ban has always been a "biosecurity issue".

Pandas might have dominated the headlines when the Chinese Premier visited South Australia, but the only other state Li Qiang is visiting has bigger ambitions — and its all about mining.

The prime minister says Australia and China's economic ties mean we must engage with each other and put dialogue at the centre of the relationship.

Officials, diplomats and police in Canberra are furiously preparing for Chinese Premier Li Qiang, who will fly into Australia later today at a crucial time for Beijing and the Australian government.

It will be the first trip to the nation by a Chinese premier since Li Keqiang's visit in 2017.

From Melbourne to Mumbai, demand for avocado is on the rise in India, creating a big opportunity for Australian farmers who might otherwise dump fruit due to oversupply.