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Treasury

This tag is associated with 2 posts

Australian Treasury too rosy about China


In October 2009, a former top Treasury official at the Australian embassy in Beijing slammed the Rudd government for a “dysfunctional China policy”. Stephen Joske went further, saying “there’s no one in Treasury who can tell up from down on China, beyond what they read in the newspapers” – a serious charge given the importance … Continue reading

Australian debt may grow beyond $300 billion limit


Australia’s debt could breach the government’s legislated $300 billion maximum limit this calendar year as the outlook for Australia’s resource sector deteriorates. Treasury’s senior budget official, Nigel Ray, told the Senate economics committee last week that the debt was expected to rise no further than $290bn in 2013-14, based on the budget forecasts. Although it … Continue reading

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