Australia's Abbott Set to Inherit Economy Others Would Envy

Australia’s presumptive prime minister, Tony Abbott, is set to  inherit a slowing economy, rising unemployment and a budget in the red. Yet look out to a three-year election horizon, and the view is a lot better.
Abbott’s conservative Liberal-National coalition appears to be a shoe-in at elections this weekend, ending six years of Labor rule, and all the talk has been of the challenges he faces.
Chief among those are worries about a substandard economy and the …

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