Global financial crisis hits Australian gov't revenue: treasurer (People's Daily)
Due to global financial crisis, projected Australian federal government revenue dropped by more than 100 billion Australian dollars (72 billion U.S. dollars) since the last budget, Treasurer Wayne Swan said on Sunday. “I think it (the shortfall) has got substantially worse,” Smith told ABC TV. A year ago, Swan said the International Monetary Fund (IMF) had been predicting world growth of four …
Source:Global financial crisis hits Australian gov't revenue: treasurer (People's Daily)
