Australia MYEFO: Deficit seen at 23.6bn AUD (vs. May was seen at 29.4bn)

Australia - mid year fiscal and economic update (MYEFO)

• 2017/18 Deficit seen at 23.6bn AUD (vs. May budget had it at 29.4bn)

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• Forecasts 2.5% GDP growth in 2017/18 (was 2.75% in the budget in May)

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