Posted October 06, 2018 09:18:33 The top five gas industry sectors in the Australian dollar have seen their share prices rise by nearly a quarter in the past year, as demand for natural gas in Australia continues to grow.
The top 5 gas industry segments in the currency have seen the most dramatic rise in the dollar value of their shares over the past six months.
Natural gas futures The value of Australian natural gas futures is up nearly 6 per cent in the first six months of 2018 compared to the same period last year.
The Australian dollar has lost over 5 per cent of its value against the US dollar in the same timeframe.
The benchmark price for a barrel of Brent crude, the main benchmark for price comparisons, has risen by nearly 6.5 per cent.
It is currently trading at $US53.25.
In 2016, Brent crude peaked at $51.85, but was subsequently downgraded to $49.55 by analysts following the Fukushima nuclear disaster.
The futures market is also growing at a much faster rate than the Australian economy.
At present, more than 90 per cent or about 5.3 million barrels a day of Australian gas is being traded in the market.
The bulk of that gas is exported to Asian markets.
Health and pharmaceuticals There are some major developments happening in the health and pharmaceutical sectors in Australia.
The industry has been booming over the last few years, with the Australian Bureau of Statistics predicting there will be an increase of 7 million jobs in the next five years.
Health care workers will have more time to be available for patients in the long term.
Pharmaceuticals have also been the fastest-growing sector of the economy in the last two years, thanks to a number of new treatments.
New treatments and innovations have been made to prevent and treat many common diseases, and help people live longer and healthier lives.
The sector’s market cap has also grown over the same time.
Energy The largest industry in Australia, the electricity sector, has seen a rapid increase in the price of natural gas over the years.
Gas prices in Australia have also soared since the global financial crisis, thanks in part to strong demand from the Australian energy market.
There have also also been a number in recent years that have seen prices drop by as much as 20 per cent, according to data from Bloomberg New Energy Finance.
The energy industry is expected to account for a huge chunk of Australia’s economic output in 2023, and the Australian Government is looking to invest billions of dollars in renewable energy technologies.
Technology The next big frontier for energy is the development of electric cars.
The government recently announced a $1.3 billion investment in new electric car technologies.
While there are still several major technological hurdles to overcome in order to make electric vehicles viable, it is expected that Tesla Motors will be able to compete on price with a number major electric car manufacturers.
Technology Australia has become an increasingly important hub for technology in the country.
The technology sector is responsible for about 80 per cent to 90 per per cent the growth in employment in Australia over the next 25 years, according a report by the Australian Institute of Technology.
This is despite the fact that technology can be difficult to get involved in.
As a result, the Australian public is generally less interested in the industry than the other sectors.