Earlier today the Australian government reassured investors, nervous about what today would bring on the sharemarket.
Australian Treasurer Wayne Swan says the Australian economy is the envy of other nations. "There's not a G20 Finance Minister who wouldn't swap places with me in the environment we are in at the moment," he says. *"Here in the Asia-Pacific we are strong but nevertheless we're not immune from the fallout of events elsewhere."* http://www.bloomberg.com/news/2011-08-05/australia-s-stock-index-set-for-biggest-drop-in-two-years-amid-global-rout.html '+'
