the following is...

the following is important;
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"The head of banking and finance at the Australian School of Business, Professor Neal Stoughton, says the Australian economy is more dependent on external forces than economies like the United States."

"He told ABC Radio's PM program that the stimulus package, as it stands, is worse than useless and cannot prevent a recession."
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i reckon "worse than useless" is an understatement when you consider this;

"(T)he Treasury papers show this $42 billion (package of Kevin Rudd’s) will support – not create – “will support” 90,000 jobs. $42 billion for 90,000 jobs. The package will support one job for $400,000."

DISASTROUS is a more appropriate description.