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AUSTRALIAN GOVT SEES REVENUE SHORTFALL OF A$115 BLN IN FEB.
SYDNEY, May 1 Asia Pulse - Australia will register a revenue shortfall in the federal budget of more than A$115 billion (US$83.39 billion) due to the global financial crisis, Treasurer Wayne Swan says.
"Certainly there's been a revenue writedown because of the global recession between the last budget and February of about A$115 billion," Mr Swan told reporters in sydney.
Because of slowing growth the global ...
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Source: HighBeam Research, AUSTRALIAN GOVT SEES REVENUE SHORTFALL OF A$115 BLN IN FEB.