Australian Treasurer Chalmers notes via Reuters:
Second consecutive budget surplus within reach
- Now is not the time for scorched earth austerity
- Now is not the time to slash the budget
- We will chart a responsible middle path on the budget
If he builds us up this way, it will probably be a surplus. At the margin, this takes some pressure off the RBA.
This article was written by Eamonn Sheridan at www.forexlive.com.
cnbctv18-forexlive
