Australia is not facing a budget or a public debt crisis right - TopicsExpress

Australia is not facing a budget or a public debt crisis right now, AMP Capital chief economist Shane Oliver said. Our budget deficit and net public debt are low by OECD standards, our bond yields are low and foreign investors are happily buying our bonds. Read more: smh.au/business/the-economy/economists-reject-abbott-crisis-claims-20140711-3bsh9.html#ixzz37EMxWu6S smh.au/business/the-economy/economists-reject-abbott-crisis-claims-20140711-3bsh9.html

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