Wednesday, October 15, 2008

Swan won’t speculate on Budget deficit

Treasurer Paul Keating warned of Australia's becoming a "banana republic" if it did not rein in its deficits. That phrase, which sent the currency into a tailspin, may come back to haunt Prime Minister Keating.

Treasurer Wayne Swan has refused to speculate on whether the Government's $10.4 billion economic stimulus package will push inflation up or put the next Budget into deficit

Posted by big chris @ 04:17 AM (344 views)
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