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Treasurer Jim Chalmers warns falling iron ore prices could impact Australian economy

Pelican Press

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Treasurer Jim Chalmers warns falling iron ore prices could impact *********** economy

Falling iron ore prices and China’s struggling steel business could result in a $3 billion dent in the *********** economy, Treasurer Jim Chalmers warns.

With iron ore prices closing at US$81.80/tonne on Thursday, the Treasury’s glide path estimate puts the global commodity below what it forecast it would be at the time of Budget.

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#Treasurer #Jim #Chalmers #warns #falling #iron #ore #prices #impact #*********** #economy

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