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Drought biting Australian economy.

Asia Africa Intelligence Wire

| September 06, 2002 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From The Christchurch Press)

Australia's drought is starting to bite into the national economy, with figures showing rural income fell $A500 million ($587m) in the last three months. Treasurer Peter Costello warned the situation would worsen with farm incomes …

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