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home > news Australia Budget Deficit Grows to Record on Recession (Update1) (Bloomberg)
Australia Budget Deficit Grows to Record on Recession (Update1) (Bloomberg)
May 12 (Bloomberg) -- Australia faces record budget deficits until 2016 as it embarks on the biggest building program in its history, spending on roads, rail lines and high- speed Internet to blunt fallout from the worst global recession in 75 years.
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