Australia: Seeing full force of slowdown

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Australia Treasurer: seeing full force of slowdown

SYDNEY, Feb 2 - Australian Treasurer Wayne Swan said the full force of the global recession could now be seen, though he also warned against a return to protectionist policies, in an interview on Australian radio on Monday.

On Sunday, Swan said that Australia would go into a temporary budget deficit as a result of the global economic crisis.
 
Australia Treasurer: seeing full force of slowdown

SYDNEY, Feb 2 - Australian Treasurer Wayne Swan said the full force of the global recession could now be seen, though he also warned against a return to protectionist policies, in an interview on Australian radio on Monday.

On Sunday, Swan said that Australia would go into a temporary budget deficit as a result of the global economic crisis.

bad news for australians will just get worse and worse......
 
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