Original article by Phillip Coorey,Jacob Greber
The Australian Financial Review – Page: 1 & 4 : 21-Aug-14

The Australian Government continues to lobby minor party and independent senators on getting $A47bn worth of May 2014 Budget measures passed. However Prime Minister Tony Abbott has scaled back his rhetoric and is no longer labelling the Budget situation a "crisis" or "emergency". Meanwhile Reserve Bank of Australia governor Glenn Stevens has backed the Government’s cuts, which he said were far from dramatic. He also noted that monetary policy alone could not keep the economy on track

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