Recent Study: Australia Freight Transport Report Q2 2013
Although iron ore prices have risen on the back of optimism that stimulus from China will support demand, we remain a little sceptical of the Chinese recovery as the structural problems still exist, and do not expect the rebound to last beyond H113. As such, we maintain our expectations for the federal government to miss its surplus goal for the fiscal year 2012/13 (July-June). With China now taking its place at the top of Australia's export partner list, the fortunes...
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