Treasurer Joe Hockey has dismissed suggestions from some banks that he is cutting the budget so quickly that it's causing a drag on economic growth.
"People can look at the tea leaves, every bank seems to have six different opinions on that, but from our perspective ... I would say we are moving at about the right speed," Mr Hockey told Bloomberg television on Tuesday while in Hong Kong.
The treasurer was making a brief visit to Hong Kong after signing up to the Asian Infrastructure Investment Bank in Beijing on Monday.
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