https://www.theguardian.com/australia-news/article/2024/may/14/australia-federal-budget-2024-economy-overview-forecast-economic-growth-surplus-deficit-inflation-interest-cash-rates-gdp-myefo
The iron ore price, which this week traded at about US$119 a tonne, is supposed to sink back to its long-run average of US$60/t.
The only thing that can save this Govt is a higher IO price and that is not the result of good work by the govt.
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