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globalreutersNovember 20, 20241 Mins read
Australian Treasurer Chalmers: Tumbling iron ore prices, softening labor market have hit government revenue
globalreutersNovember 20, 20241 Mins read After presenting his Ministerial Statement on the economy on Wednesday, Australian Treasurer Jim Chalmers said, “tumbling iron ore prices and a softening labor market have hit government revenue.” He discussed Australia’s tough fiscal outlook due to weakened trading partner China and a softening job market.
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