Hawke welcome
Australian Prime Minister Bob Hawke has welcomed signs of a slowing in the Australian economy, but said the Government would continue to impose restraints to reduce economic activity to sustainable levels. Figures recently released showed a sharp fall in housing finance and retail sales in' May. According to the Australian Bureau of Statistics, retail sales fell 4.9 per cent in seasonally adjusted terms to *Aust6.4 billion (SNZB.4Bj — the largest fall on record.
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Press, 22 July 1989, Page 30
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74Hawke welcome Press, 22 July 1989, Page 30
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