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No more momentum in it

How Australian state economies rank

Source: Getty / Getty Images

A few days ago, the Treasurer gave an official outlook on the economic development in Australia in the coming year. It is generally known that things are not going so well at the moment and that many people in the country are short of money. However, anyone who had hoped that the treasurer would promise us significantly better times remained disappointed. This is also the view of financial expert Dr. Klaus Wiegel from Melbourne:



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