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HomeBreadcrumbCalendarsBreadcrumbNational AffairsBreadcrumbAustralia Affairs

Australia to have ended decades of deficit

Sunday 30 June 2013 40 days from now
Australia

Published: 8 May 2012 | By Eva HS and 1 other | Last updated: 21 May 2013
   
Australia to have ended decades of deficit -
Treasurer Wayne Swan
Wikipedia- Timeshift9

Australia's government is to have cut spending for the first time in over 42 years, with an underlying cash surplus at an estimated A$1.54 billion by today. 


According to Treasurer Wayne Swan "The surplus years are here" and the balanced budget is to "provide a buffer against global uncertainty and continue to give the Reserve Bank room to cut interest rates for families."




Source
bloomberg.com www.bloomberg.com
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Created by Eva HSCreated by Eva HS
on Tue 8 May 2012
Last modified by system
on Tue 21 May 2013
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Location: Australia
Date: Sunday 30 June 2013
Duration: 1 day
Planning: confirmed
40 days from today

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