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Wayne Swan: Coalition's policies threaten Australias AAA credit rating

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Former treasurer accuses Abbott government of 'trashing our economy' and behaving like fiscal vandals

The former Labor treasurer Wayne Swan has accused the Abbott government of putting Australias AAA credit rating at risk by trashing our economy.

Swan warned of possible implications for the credit rating ahead of a speech on Thursday night in which he was due to describe the debt and deficit fear campaign as an attempt to delegitimise the stimulus package put in place by the previous Labor government.

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