Australian Treasurer Chalmers remarks via Reuters:
- Second consecutive budget surplus within reach
- This is not the time
for scorched earth austerity - This is not the time
to slash and burn in the budget - We will chart a
responsible middle path in budget
If he is building us up like this then its likely to be a surplus. At the margin this takes some pressure off the RBA.
This article was written by Eamonn Sheridan at www.forexlive.com.
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