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Price check on budget forecasts

Readers’ letters on the iron ore price in budget forecasts, international exposure for self-managed superannuation funds under Donald Trump, a state-run social media platform, the ACCC’s supermarkets inquiry and the plight of young men.

I refer to the 2025 federal budget and the iron ore price assumed for financial forecasts (“Mining exports to drop as prices stagnate”). The price assumed remains $US60 per tonne, with some allowance for the current higher market price over the first year.

Of course, no one actually knows what the iron ore price will be and, as the price is market-determined, a price of $US60 per tonne cannot be ruled out. However, common sense should suggest this is unlikely.

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    Original URL: https://www.afr.com/policy/economy/price-check-on-budget-forecasts-20250331-p5lnvy