david: that is chris kettenmann.ng ahead to commodities, iron ore -- china has had a -- i spoke to kevin rudd about the iron ore business in australia. i'm: i'm not -- mr. rudd: not the next birth -- i am not an expert in the iron ore market. you look at the economic reform , labor-intensive manufacturing for export to a new model focused on a burgeoning private sector from of this process will take another couple of years before it sees itself to partial conclusion. before we see a new equilibrium in the chinese economy. china is the primary driver of the art or price -- iron ore price. we are in for a rocky road are some time to come. describe how severe the town -- downturn in china has been for the australian economy. mr. rudd: people don't have a yes, it hasation -- taken some ink off the top of economic growth in australia, but we are in 20 years plus of sustained economic growth without going into recession. through the actions of our own government, we managed to get through the global financial crisis. it is