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1.Market Observations, 8.Was Sticky

3 May 2017 (AFR) – Big spending Victorian budget a down payment for next year’s election

(3 May 2017, AFR, p8, by Ben Potter)

‘While the federal government has to fight for every centimetre of fiscal gain, state governments in Victoria and NSW are in precisely the opposite position, swimming in revenue and showering the fruits of the property and jobs booms on their voters.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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