Editorial: Economy recovering faster than expected from COVID impacts as Treasury coffers fill with tax take from iron ore sales to China

May 11 2021 - 8:00am
 BLUE SKY: Record iron ore prices could lift the federal tax take by $20 billion this year.
BLUE SKY: Record iron ore prices could lift the federal tax take by $20 billion this year.

WHATEVER the fine print of this evening's budget, the Commonwealth's finances are in considerably better shape than seemed likely when the nation battened down the hatches against COVID-19.

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