The Financial Year Ahead
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  Big deficits and big debts ahead as the 2009 Australian Federal Budget tackles the downturn. But how quickly can the economy recover? The Australian Government's 2009-10 Budget offers some relief for small and medium business, but ushers in an era of massive deficits and heavy debt to ward off the worst effects of the global recession. Professor Neville Norman says the government's forecasts may be too gloomy - the recovery could be stronger than they expect.Topics: Economy, Financial Management |
 Professor Neville Norman, Melbourne University |