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Australia’s Economy: Oops .... Some Serious Thinking Needed To Avoid Drowning In The Soup!

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By Colin Coverdale

Financial cracksOur financial management rating is showing cracks with the current handling of the looming economic situation which will test whatever Government is in power after September. The alerts about China’s economic reorientation, our over-valued dollar, profit warnings from big business, the weak retail scene and the low job opportunity rates are warnings to be heeded. An added danger is that coming Budget deficits will only thicken the soup!

 

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