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The wrong time to argue...New Zealand had reduced it's inflation rate to 2% in 1991 after several years of fiscal management and reforms in the public sector expenditure. Meanwhile in Australia there was a general recession. Especially in the state of Victoria Premier Joan Kirner led a government on the brink of economic disaster as expenditure went into the red and as state government projects failed. In some cases fraudulent practice meant people lost their life savings. |
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