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Just worth flagging that Monday saw.......>

AUSTRALIA
AUSTRALIA: Just worth flagging that Monday saw RTRS note that "Australia's
economy must not become reliant on government stimulus, Prime Minister Scott
Morrison will say on Tuesday, as Canberra unwinds state support and accelerates
plans to spur growth..."At some point you've got to get your economy out of
intensive care," he will say in a speech in Canberra on Tuesday afternoon,
extracts of which were sent to Reuters. "You've got to get it off the medication
before it becomes too accustomed to it."...Morrison will say his government is
formulating a plan to ignite economic growth that is likely to focus on tax
reform and deregulation. Details are expected with the budget in October. He
will also say Australia will streamline skills training to increase the talent
pool for businesses."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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