Originally Posted by
Potsie Weber
That will also have a big effect on the Federal Government’s revenue and the extra money they can pump into COVID relief. A shift of $10 per tonne for iron ore, hits the federal government by about $2b.
They've been printing money since 2013 when they said "back in the black". 200m net debt from Labor government and about 800m since 2013. I don't think they're worried about extra money anymore.