Australian Deficit
(N.Z. Press Association) CANBERRA, April 30. Australia’s balance of payments slumped by £lO million to a total deficit of £7O million in the March quarter of this year. This is one of the biggest falls since the months prior to the 1960 credit squeeze. A decline in overseas investment, a trade deficit and credit for wheat sales to India and China contributed to the drop.
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Bibliographic details
Press, Volume CIV, Issue 30739, 1 May 1965, Page 3
Word Count
67Australian Deficit Press, Volume CIV, Issue 30739, 1 May 1965, Page 3
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