You should check out iron ore priocing through Singapore and the forward projections from the trading banks. Commodities in general have fallen backwards over the last 12 months.
Things are not rosy as Chalmers has said the next budget result will be a deficit and similarly for years to come.
Chalmers luck has run out as he failed to capitalise on some good revenues in the budget. Chalmers always does what Albanese wants......spend baby spend...
