Podknife - Iron ore price drops threaten budget by RN Breakfast

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Iron ore price drops threaten budget

Podcast |: RN Breakfast - Separate stories podcast
Publisher |: ABC Podcasts
Media Type |: audio
Podknife tags |: Australia,; Interview,; News & Politics,; On The Radio
Categories Via RSS |: Daily News,; News
Publication Date |: Mar 14, 2024
Episode Duration |: 00:10:29

The price of Iron Ore - a key ingredient in steel production - has fallen by around ten per cent this week.

It could have a significant effect on the federal budget, according to the Treasurer. Forecasters say Iron Ore could fall below $100 dollars a tonne in the short term.

Guest:David Fickling, Bloomberg columnist and energy writer

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