Australian leaders consider financial options.

11/10/2008 19:55:51

Australia's Prime Minister has spent much of the day in a special meeting with the Government's top economic advisers discussing the way ahead in the financial crisis.

Kevin Rudd called the meeting at short notice. He was joined on the phone by the Treasurer from Washington, his Deputy Julia Gillard and the Finance Minister Lindsay Tanner.

The Prime Minister sat for several hours in the Cabinet room together with the heads of the Treasury, the Finance Department and the Department of Prime Minister and Cabinet.

The Government did not canvas any options being considered, but the seniority of those attending the meeting and its rushed nature suggest that further Government responses are likely as the financial crisis unfolds.

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