PDA

View Full Version : Australian Defense Facing A$8 Billion Shortfall, Review Reports - Bloomberg



NewsWhore
03-08-2009, 05:40 PM
<img alt="" height="1" width="1">
Australian Defense Facing A$8 Billion Shortfall, Review Reports (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601081%26sid%3DaNm5TC1HjcgE%26refer%3Daustralia&cid=0&ei=_Du0Sdr6H6CwkQTy98T7BQ&usg=AFQjCNF4WTTGG4h3ve889mskYqsOCeibow)
Bloomberg
By Jacob Greber March 9 (Bloomberg) -- Australia’s defense budget faces a shortfall of A$8 billion ($5.1 billion) as a drop in the nation’s currency increases the cost of US-made equipment, the Australian Financial Review said. ...


More... (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601081%26sid%3DaNm5TC1HjcgE%26refer%3Daustralia&cid=0&ei=_Du0Sdr6H6CwkQTy98T7BQ&usg=AFQjCNF4WTTGG4h3ve889mskYqsOCeibow)