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Australia sees its debt peaking over 5-6 years

It expects budget deficit to narrow over its four-year forecast horizon

Published Sun, May 1, 2016 · 09:50 PM
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Sydney

AUSTRALIA'S debt pile will stop growing within the next five or six years and then begin to shrink as the government works to balance the budget, according to Treasurer Scott Morrison.

The federal government, which is due to outline its annual spending blueprint on Tuesday, expects the fiscal deficit to …

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