There is no way to dig next week’s budget out of its COVID-19 recession black hole, but Australia’s iron ore miners have done their best to prop up one source of Government revenue.
- Iron ore prices have risen by about 30 per cent since the start of the year
- Vivek Dhar from CBA says the Government’s price forecasts were conservative
- Prices are expected to moderate once Brazil ramps up production again, after a series of disruptions
It is not so muc…