Toughest Australia Budget in 20 Years a Risk for Rates - Citi

        0315 GMT [Dow Jones] The toughest federal budget in almost 20 years looms, and potential fallout for consumers and businesses will be important in determining risks around Australia's monetary policy, says Paul Brennan, chief economist at Citigroup. But for now, with inflation controlled, there is little risk to the RBA's on-hold stance," Mr. Brennan adds. (james.glynn@wsj.com)
        (END) Dow Jones Newswires

        May 07, 2014 23:15 ET (03:15 GMT)