Daytrading Sep 15 pre-market, page-4

The mining boom came from investment in new mines. The operations side is less impacted by prices as investments are made. China is about 30% of exports by value. Iron ore is about 30% of exports by value. Let China and Iron or take a hit of 10% we are still only talking a 3% hit to exports and as markets see this and react by dropping the AUD things are not that bad.