China’s cooling property market has seen iron ore prices tumble faster than expected this year, and the decline could see $3 billion wiped from the federal budget. How concerned should WA be? China’s cooling property market has seen iron ore prices tumble faster than expected this year, and the decline could see $3 billion wiped from the federal budget. How concerned should WA be? Iron Ore, Government and Politics, Mining and Metals Industry, State and Territory Government, State and Territory Parliament Latest business news