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View Full Version : Australia Faces Record Budget Deficits as Unemployment Rises - Bloomberg



NewsWhore
05-12-2009, 11:10 AM
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Australia Faces Record Budget Deficits as Unemployment Rises (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3DawmAco2nINxE%26refer%3Dasia&cid=1348899848&ei=cpMJSvyBEIWE7AP5haSkBw&usg=AFQjCNFITU4wSssRnshuqmi0P4Klz5VEIg)
Bloomberg
Australia&#39;s currency traded at 76.48 US cents at 9:54 pm Sydney time yesterday from 76.55 cents before the budget was announced. The budget-deficit forecast for fiscal 2010 is equivalent to 4.9 percent of gross domestic product, Swan said. ...


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