North Australia Digest – 2/11/2012

by 2 November 2012

Australian Financial Review

The Gillard government has overestimated Chinese demand for coal and iron, warns economist and Labor government advisor Ross Garnaut. Furthermore, the forecasts in the Asian Century white paper ‘really duck the issue’ by having low, medium and high scenarios on commodities ‘so wide apart that it doesn’t say anything’.

Iron ore prices will drop over the longer term, according to BHP chief executive for aluminium, nickel and corporate development Alberto [...]