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SYDNEY, Australia -- Australia's central bank slashed interest rates by one percentage point Tuesday in the latest bold move by the country's top finance officials to stave off a recession. The reduction is the fourth in a row...
Tuesday December 2, 2008, 5:46 pm SYDNEY (AFP) - The bigger-than-expected cut by the Reserve Bank of Australia (RBA) dropped the official cash rate to 4.25 percent, its lowest level since May 2002. It was the fourth consecutive...
Malcolm Turnbull has come to the defence of his deputy Julie Bishop, saying she is doing a "great job" as the opposition's treasury spokeswoman. Deputy Prime Minister Julia Gillard fired several shots at Ms Bishop, attacking...
