Original article by David Crowe
The Australian – Page: 1 & 2 : 21-Nov-14

Citigroup believes that the Australian Government’s forecast for a 2014-15 Budget deficit of $A30bn will have to be revised up by $A10bn, with a major factor the fall in the iron ore price and the effect on the nation’s terms of trade. Treasurer Joe Hockey, who will soon release the Mid-Year Financial and Economic Outlook data, concedes that the commodities slump is an issue. However, he also stresses that there is great potential to boost services sector exports

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