Australian PM says economy still strong
16/9/2008 18:02
The Australian Prime Minister Kevin Rudd said today the national economy
remained strong despite the deepening global financial crisis.
Rudd said in
Sydney that the credit crunch underscored the need for Australia to maintain a
strong budget surplus, as he called on the opposition to support the
government's tax changes in the Senate.
"We are in a period of global
financial crisis, which has been running now since last year and it has become
more intense," he told reporters.
Rudd also called on opposition party to
support the government' s planned changes to the Medicare surcharge levy, a move
he said would ease cost-of-living pressures on working families.
"In
Australia, we are in a strong set of circumstances. The government has a
responsible policy of economic management to see Australia through these
challenging economic times," he added.
Xinhua
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