Impact of Greece 'minimal' and China forecasts stand, Joe Hockey predicts
by Daniel Hurst Political correspondent from Economics | The Guardian on (#E8JP)
Treasurer says Australians can't afford to be complacent but predicts fallout will be limited from China's volatile stock market and Greece's debt deal
Joe Hockey is standing by his budget forecasts for China's economic growth and predicts the upheaval in Greece will have a "minimal" impact on Australia.
The treasurer sought on Tuesday to reassure Australians about the limited domestic implications of China's volatile stock market and Greece's tentative but "encouraging" agreement with European creditors.
The impact on Australia of the developments in Greece is minimal
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