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Turnbull slams Rudd, Swan over debt claims

Source: Australian Broadcasting Corporation

Sydney : Australia | 6 months ago

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Yesterday Mr Rudd confirmed that it would take until 2022 to pay off Australia's debt, which is expected to peak at $315 billion in 2013-14. When asked today by Mr Turnbull for figures to support Mr Rudd's claim, Treasurer Wayne Swan said: "All of those are in the Budget papers".

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Certification regime for old vehicles on the anvil: Nath

By: sharma

NEW DELHI, Nov 25: The Government today said it may soon come out with an inspection and certification regime for old vehicles to check vehicular pollution. "India and East Asian countries are on a growth trajectory and are adding to their vehicle fleet. But we don’t want to grow as the Western countries grew. The problem is, we in India ...

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Government talks about extending stimulus measures

By: ChrisJohnson

During a September Jobs Report it was stated that the $787 billion stimulas package that was enacted this year, may be swamped by unemployment. There are now indicators showing that the government may extend several key measures from the stimulas package, the The Wall Street Journal reports. One program would extend unemployment-insurance ...

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RI bulging foreign exchange reserves thanks to oil and gas and ...

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Jakarta, 3 Nov 2009 - Indonesia’s foreign exchange reserves as of late October is still the highest in the history of U.S. $ 64 billion. Although efforts could be used to stabilize the rupiah, but still reserves increased to U.S. $ 2 billion a month. According to the Deputy Governor of BI Hartadi A Sarwono increase in foreign exchange ...

25 days ago
Exports target unlikely to be achieved

By: arboofti

October 28, 2009 ISLAMABAD - As the government has backed out of its commitment to end power crisis by December 2009, it will be difficult for the authorities concerned to achieve the annual exports target of $ 18.86 billion set for the ongoing fiscal year 2009-10, TheNation reliably learnt on Tuesday.According to sources, at the time of ...

about 1 month ago
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News Stories

Reuters, UK: Australians "dead lucky" in government stimulus splash

News Source: Androscoggin News | 6 months ago

Thousands of dead Australians landed windfall cash payments to help stimulate the recession-hit economy, while thousands of others living overseas also received money, the government said on Thursday. The money was paid out as part of a stimulus...
Rudd spends $303 million on Murray water

News Source: The Courier-Mail | 6 months ago

The deal is worth $303 million and dwarfs all previous water buy-outs, taking the total amount of water rights purchases to 297 gigalitres. The Twynam purchase is equivalent to half the water Sydney uses each year. The water will be used to help the...
Respect the dead, Rudd tells Coalition

News Source: Australian Broadcasting Corporation | 6 months ago

The Government has come under fire since the Tax Office revealed 16,000 cash payments were made to deceased estates as part of the economic stimulus package. Another 27,000 cheques were made out to those living overseas. The Opposition says that is $...
Corpse cash not a deadset waste - Tanner

News Source: The Australian | 6 months ago

THE $40 million in stimulus payments made to dead people and expats was not being wasted, Federal Finance Minister Lindsay Tanner said. The Australian Tax Office said the cost of tax bonus payments to 16,000 dead people was likely to exceed $14...
$300m water buy-back, but not a drop for us

News Source: Adelaide Now | 6 months ago

THE Commonwealth will buy back more Murray-Darling water than Adelaide uses in a year for the environment, but little or none will make it to SA. The 240 gigalitres of water entitlements, worth $303 million, are being purchased from a NSW irrigation...
'Biggest water buyback in history' completed

News Source: Australian Broadcasting Corporation | 6 months ago

Biggest water buyback in history' completed Posted May 28, 2009 12:05:00 The Federal Government says it has made the largest water buyback in Australia's history. Prime Minister Kevin Rudd says the Government is buying $303 million worth of water...