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EDITORIAL

With growth slowing, Australia faces some hard fiscal decisions

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Even if all the changes to the tax system announced in recent weeks come to pass when Australia's federal budget is unveiled on Tuesday, it will not repair the deficit.

EVEN if all the changes to the tax system announced in recent weeks come to pass when Australia's federal budget is unveiled on Tuesday, it will not repair the deficit.

There would still need to be further structural adjustments. Investment bank Goldman Sachs has forecast that the budget

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