China trade 'benefits Aussie households'   (Category: Financial News) Australian households receive more than $3,000 worth of direct benefit every year from Australia's strong trade relationship with China, a report has found. According to the report, commissioned by the Australia China Business Council (ACBC), the average Australian household benefits to the tune of $3,400 a year. Trade with China created local jobs and gave Australians access to lower priced goods, reducing inflation and putting downward pressure on interest rates, the report found. "This report confirms the council's position that increased bilateral trade between Australia and China is good for jobs, good for working families and good for the Australian economy," ACBC Chairman Frank Tudor said. The Benefits to Australian Households of Trade with China report will be released in Melbourne on Friday. SMH May 14, 2009 - 4:44PM Back   Print this article