Global Economy
Australia's Treasurer Chalmers says private sector is leading growth in Australia's economy, adds Australia has a long-standing productivity challenge but noted Australia's economy story is a positive one
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Chalmers described private-sector-led growth and a positive economic story alongside a long-standing productivity challenge, budget exposure to borrowing costs, and interest from Japan.
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Says: Higher borrowing costs will play out in the budget. Seeing immense and welcome level of interest from Japan
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