The Australia's budget surplus might be supportive for the Aussie

Note: This section contains information in English only.
Source: Marketwatch
Australia's Prime Minister Julia Gillard is determined to bring the state budget back to surplus by spending cuts. The projected surplus is estimated to be $1.52 billion in the fiscal year commencing this July. Thus, the government plans to support Australian bonds and currency, as the European woes have not been supportive for the Aussie.
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