Business
Iron ore prices set to steel Federal Budget against bigger deficit blowout – ABC News
There is no way to dig next week’s budget out of its COVID-19 recession black hole, but Australia’s iron ore miners have done their best to prop up one source o…
There is no way to dig next week’s budget out of its COVID-19 recession black hole, but Australia’s iron ore miners have done their best to prop up one source of Government revenue.
Key points:
- Iron ore prices have risen by about 30 per cent since the start of the year
- Vivek Dhar from CBA says the Government’s price forecasts were conservative
- Prices are expected to moderate once Brazil ramps up production again, after a series of disruptions
It is not so muc…
Continue Reading
-
Business17 hours agoThe pros and cons of buying CBA shares in September
-
Noosa News16 hours agoRent changes on way for hundreds of social housing recipients following government review
-
Noosa News24 hours agoMan charged with murder three days after death of 27-year-old in Livingstone, QLD
-
Business12 hours agoWhere will Berkshire Hathaway be in 1 year?