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Why the govt is now borrowing $384 million a week


Rob Hosking
Tue, 10 May 2011

The government’s Debt Management Office in the Treasury has cranked up borrowing to $20 billion for this financial year – just over $384 million a week.

The rise though appears driven more than partly by a financial equivalent of “make hay while the sun shines” and the bond programme for

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Rob Hosking
Tue, 10 May 2011
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Why the govt is now borrowing $384 million a week
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