By Rebecca Keenan
Jan. 25 (Bloomberg) -- Australia’s central bank may cut its benchmark interest rate again as the global credit crisis continues, the Daily Telegraph reported, citing the nation’s treasurer.
Australia has the capacity to take further action amid the crisis through monetary and fiscal policy, the newspaper reported, citing Treasurer Wayne Swan, who was speaking in New York after a conference. Australia is not immune from the financial crisis, the newspaper reported Swan saying.
To contact the reporter on this story: Rebecca Keenan in Melbourne at rkeenan5@bloomberg.net
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