Joe Ludwig (Queensland, Australian Labor Party, Minister for Agriculture, Fisheries and Forestry) Share this | Hansard source

Thank you, Mr President. Clearly, the MRRT collections have been lower than Treasury expected, but anybody with an ounce of credibility can also see that the commodity prices have taken a big hit and that this is flowing through to the MRRT collections. The MRRT has only been in for six months, and mineral prices, particularly iron ore, have been incredibly volatile over that period. It takes months—