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Australia can’t rely on resources, minister Emerson says

Posted on 24 September 2012

Australia can’t rely on its resources boom to ensure better living standards over the next decade and the government needs to tighten its budget to create room for interest rate cuts, Trade Minister Craig Emerson said.
A government commitment to restore the budget to surplus this fiscal year, after four years of deficits, will be achieved through spending cuts and possible tax increases, Emerson said………………………………………..Full Article: Source

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