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GLOBAL RECESSION WILL AFFECT AUSTRALIA'S ECONOMIC GRWTH: SWAN.
SYDNEY, March 2 Asia Pulse - Australia's economic growth will be affected as the nation's major trading partners struggle with recession, Federal Treasurer Wayne Swan says.
About seven of Australia's top 10 trading partners are now in recession, Mr Swan says.
"This will have a dramatic impact on growth in Australia in the December quarter," he told reporters in Sydney on Monday.
While Australia was not immune to the effects of the global financial crisis, the government ...
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