0426 GMT [Dow Jones] Australian Treasurer Swan, commenting after RBA left official rates on hold at 7.25%, says decision a "welcome reprieve for working families", but declines to say whether central bank has done enough to contain inflation. Says global market pressures pushing up borrowing costs, but notes RBA, others "have observed that inflation pressures are still high." Swan - eager to demonstrate that government doing its bit to curb inflation pressures - reiterates that budget for fiscal year starting July 1, due early next month, will play part in that process. (RAP)
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(END) Dow Jones Newswires
April 01, 2008 00:26 ET (04:26 GMT) | 
