Australia Faces ‘Massive Hit’ to Government Revenue, Swan Says

Australia faces a “massive hit” to government revenue, pushing the nation further into deficit ahead of an election in September, Treasurer Wayne Swan said. The national budget fell a further A$4.6 billion ($4.8 billion) into deficit in the first four weeks of 2013, taking the total shortfall to…

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Australia Faces ‘Massive Hit’ to Government Revenue, Swan Says