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DECLARING that ''nobody is doing victory laps'' the Treasurer, Wayne Swan, and other finance ministers from the 20 richest nations have vowed to keep in place emergency stimulus measures for some time to come. Full Article at Sydney Morning Herald
Related Articles
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This week's jobs data will highlight the stark contrast between the Australian and United States economies, but Treasurer Wayne Swan says it is appropriate for the Government's stimulus to continue. Full Article at New Zealand Herald
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SAYING that ''nobody is doing victory laps'', Treasurer Wayne Swan and other finance ministers from the world's 20 richest nations have vowed to keep emergency stimulus measures in place. Full Article at The Age
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Treasurer Wayne Swan hopes Copenhagen's climate change summit will make progress on how to pay for carbon reduction measures after G20 finance ministers failed to come up with a figure. Full Article at Sydney Morning Herald
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Treasurer Wayne Swan says Australia has avoided the destruction of its capital and skills base amid the global downturn but has warned of the impact of the lingering effects of the financial crisis. Full Article at Sydney Morning Herald
Related Quotes
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If we were to simply withdraw stimulus that would pull the rug out from under recovery and that would result in far higher unemployment
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Just as we've seen that the action of the last few months was born through the crisis of economic downturn, so we have agreed to take just as dramatic action of the next few years so we get growth in the future
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As I've been saying for some time, our recovery remains fragile and there are still some hefty challenges out there
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For these reasons we judge that the planned gradual withdrawal of stimulus remains appropriate after it reached its peak impact in the June quarter this year
