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Australia Treasurer: Domestic Economy Beginning To RecoverJAKARTA -(Dow Jones)- Australia's economy is beginning to recover but spare capacity is "substantial," Treasurer Wayne Swan told a news conference in Jakarta. Swan said fiscal and monetary policy remain expansionary but said the Reserve Bank of Australia will independently adjust monetary stimulus "from time to time" as the economy continues to grow. -Reuben Carder, Dow Jones Newswires; Phone: (62-21) 3983 1277; reuben.carder@ dowjones.com (END) Dow Jones Newswires 11-10-090444ET Copyright (c) 2009 Dow Jones & Company, Inc. |
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