Iron ore price: China threat puts Aussie housing market in danger

China’s latest threats to cut off Australian iron ore has raised major concerns about the ripple effect on our domestic housing market

[Englandhs]

Not a very competent government. Australians suffered.

[AO-owtt]

When you bite the hands that feed you, what reaction would you expect from China?

[WTHH]

Resources diversification is very important for countries that imports it. Generally no one likes to be held ransom nor buys from those that do not like doing business with them

[wsurfer]

Australia is price gouging on iron ore price. China should use the reserve and cut off Australian iron ore and wait for other source to come up.

[achere]

Seems everything is a threat from Chinese side for Australia....

[passingwind]

A proud and arrogant Government won't get the export business, the Australian people will suffer as a consequence!
Australia must be reminded to deal with Business Partners as equals and not with contempt.

[samgooi]

Who is worrying now ??
We assumed when China stop buying - they should also stop selling steel to australia.

[mrterryseow]

WELL DONE CHINA
TEACH THEM A EVERLASTING
LESSON
DON'T BITE THE ✋ THAT FEEDS YOU

[andres]

it was dumb for Australia to pick a fight with its main trading partner

[Steven_Edwards]

It is a global market... They can buy from whoever they want. If you want to remain competitive you should lower your prices.

[Artman]

China sneezes, Australia catches a cold.

[steventan]

Would you buy from a salesman who is ruth to you?

[abrahamtan]

It's totally reasonable to demand US, the Lord and Master of Australia to make good losses as a result of the servant carrying out the dog jobs.

[leluong]

How the hell China responsible of Aussie housing price, bunch fake news

[williamlau]

Ordinary people want to live, eat and have shelters. No one wants to have unwarranted enemies. Not very intelligent. You want votes, then be a responsible government looking after its citizens, but not hurting them at your gains.

[peterloke]

Thats what will happen when one eats from the bowl and flip it!

[cklim]

You create problem.. You eat the iron ore. No a problem

[LesliePeter]

‘It may be dangerous to be America's enemy, but to be America's friend is fatal.’ said Henry Kissinger

[AnnieT]

Well done Australian, you cut your nose to spite your face. You should not have bad mouthed your best customer.

[ching-kionglang]

why is Australia keep shooting on its own feet..when do they stop doing sleepwalking politics.?