Subscribers

Australia to take budget steps to absorb export shock: Treasurer

Perth

AUSTRALIA will take budget measures to cushion an economy facing its worst decline in terms of trade in more than half a century, Treasurer Joe Hockey said on Sunday, with the government poised to unveil large cuts to services and spending.

The budget cuts are expected to be announced on Monday alongside...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes