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Posted:
2014-12-15 02:58:00
Original link:
http://feedproxy.google.com/~r/TheAustralianBusinessHome/~3/RDpoV5nE7_Q/story-fnqcga7z-1227156272017
AUSTRALIA’S budget deficit forecast has blown out to $40.4 billion for 2014-15 according to today’s Mid-Year Economic and Fiscal Outlook.
Elsewhere, local shares have recovered slightly to be 0.8 per cent lower at noon while the Australian dollar has fallen again, edging closer to the US82c mark.