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"There’s no need to rely on per capita or technical definitions of a recession any longer as the country is experiencing a substantial economic contraction in real terms."

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David Hetherington

How Australia blew its mining windfall

How Australia's govt blew much of its A$180 bln mining windfall on tax cuts, baby bonuses, pension subsidies and first home buyer subsidies

31st May 12, 3:53pm

by Guest

How Australia's govt blew much of its A$180 bln mining windfall on tax cuts, baby bonuses, pension subsidies and first home buyer subsidies

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