Australia's stimulus spending rises to $36.7 billion

12/12/2008 | Sydney Morning Herald (Australia), The

The Australian government's latest economic stimulus, a $4.7 billion infrastructure package aimed at creating jobs and boosting the overall economy, brings the nation's stimulus-spending commitment to $36.7 billion. Officials promised to do what is necessary to preserve 200,000 jobs tied to the auto industry and create 240,000 jobs.

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Sydney Morning Herald (Australia), The

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