Global financial crisis hits Australian gov't revenue: treasurer (People's Daily)
Friday, May 8th, 2009Due 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) [...]










