Xiao Qian told reporters in Canberra that China would resume imports of Australian timber as of Thursday after Beijing clamped down on the trade in 2020.
Last year, the two countries signed a free trade deal called the Economic Cooperation and Trade Agreement (ECTA), the first signed by India with a developed country in a decade.
As part of the historic defense pact, Australia is anticipated to purchase up to five nuclear-powered submarines of the US Virginia class in the 2030s.
The Queensland capital was awarded the 2032 summer Olympics and Paralympics two years ago, returning the Games to Australia for a third time after Melbourne 1956 and then Sydney 2000.
The Reserve Bank of Australia (RBA) said it would consult Indigenous people on a new design that "honours the culture and history of the First Australians".
Two helicopters collided in mid-air, killing four people Monday at Australia's Gold Coast tourism hotspot, officials said, with images showing one of the aircraft's rotors lying on a sandbar.