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Hanging out for a pay rise? Better check the price of coal -

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Australia's trade position has never looked better - and a number of economists have told Saturday AM we all could be about to benefit.

A huge surge in the price of Australia's key exports, like iron ore and coal, has injected billions of dollars into the economy.

Annette Beacher, head of Asia-Pacific research, TD Securities
David Bassanese, chief economist, BetaShares Capital