By Finance Pulse in China —

Australia's Labor Government Faces Budget Deficit Amidst China Trade Strain

Australia's Labor government anticipates a budget deficit due to increased public demand and weakened trade relations with China.

An artistic depiction of the Australian Parliament House juxtaposed with a subtle overlay of financi
Australia's Labor Government Faces Budget Deficit Amidst China Trade Strain

Australia's center-left Labor government has announced an expected budget deficit due to rising public demand and weakening trade ties with China.

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