Budget set for $20bn iron ore boost

The price of iron ore has hit a new record high of $US193.85 a tonne and is tipped to break through the $US200 barrier in a boom that will improve the federal budget bottom line by an estimated $20bn.

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RESOURCES HIT $296B RECORD

Article by Stuart McKinnon courtesy of the West Australian Australia’s resources sector will again break export earnings records this financial year, underpinned by another record high in annual income from WA’s powerhouse

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