ANZ has a solid note out on the impacts of the falling iron ore price on the Australian economy. You can nit-pick bits and the various macro components may not play out as suggested but in aggregate it’s good and worth a read.
Iron ore and the Australian economy
David Llewellyn-Smith
Friday, 7 September 2012
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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal.
He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.
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