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Last week’s announcement government borrowing for the current year would be $15 billion rather than the previous estimate of $13.5 billion could still be on the low side.
The Treasury’s debt management office is already issuing bonds at a rate which implies a higher annual borrowing level
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Rob Hosking
Mon, 04 Apr 2011
Mon, 04 Apr 2011
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Govt borrowing could go higher - economist
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